Loan fund inflows (1/20): $299M Lipper/$712M total

On Jan. 20, inflows to loan mutual funds totaled an estimated $299 million based on the Lipper FMI universe of weekly reporters, or $712 million based on the total universe of open-ended funds plus ETFs, versus inflows of $66 million/$157 million on Jan. 19.

For the five business days ended Jan. 20, inflows totaled $664 million (Lipper FMI universe) and $1.59 billion (total universe plus ETFs), versus inflows of $271 million/$663 million during the five business days ended Jan. 13.

Methodology
LCD compiles these data with the cooperation of a number of mutual-fund complexes. LCD is collecting daily fund-flow data for a representative sample of loan funds. We then take the weighted average AUM change each day from contributors and extrapolate it to:

* the Lipper FMI AUM universe of $49 billion (as of Jan. 13) to provide a “Lipper-style” daily reading of inflows/outflows, and

* the entire open-ended loan universe of $58 billion to give a fuller view of estimated inflows/outflows.