Active muni flows poised for strong return in 2024

After witnessing nearly $15.5bn in outflows over the past year, active national muni-funds have made a steady recovery, taking in $3.8bn in January, the lion’s share coming from the mutual fund wrapper, which captured $3.6bn. Craig Kilgallen, FUSE Research relationship manager, said the slowing of rate cuts and some optimism around the economy is likely sending investors back into munis.

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Article published on March 5, 2024