This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Fixed Income ETFs Top April Inflows

NEW YORK ( TheStreet Ratings) -- Each month, the ETF Industry Association) analyzes the assets under management and the net cash flow data for a growing list of U.S. exchange-traded funds. A net cash inflow of $3.0 billion in April brought net cash inflows year-to-data up to $58.9 billion.

Overall assets under management in exchange-traded products, covering 1,458 exchange-traded funds and exchange-traded notes, eroded by $4.9 billion in April to end at $1.2 trillion. All of the asset and flow data included in this article was released on Thursday, May 3rd by the ETF Industry Association.

A torrent of $5 billion flowed into fixed income ETFs in April in the 16th consecutive month of net inflows. Fixed income ETFs have swelled by $21.3 billion so far this year. $622 million flowed into iShares iBoxx Inv Grade Corp Bond (LQD) and $505 million entered iShares iBoxx High Yield Corp Bond (HYG).

On the other hand, April 2012 witnessed exchange-traded product outflows of $1.7 billion from U.S. equity funds of which $206 million exited long leveraged and $248 million fled short leveraged U.S. equity products. Even after April's $1.2 billion outflow from all commodity funds, that sector has still attracted $3.4 billion in net inflows year-to-date. Total real estate inflows remain strong, adding another $750 million in April.

Some of the largest April 2012 inflows included $1.0 billion to iShares Russell 2000 (IWM), $650 million to SPDR Industrial (XLI), $618 million to Vanguard S&P 500 (VOO), and $597 million to Vanguard MSCI Emerging Markets (VWO).

Some of the largest April 2012 outflows included $2.6 billion from PowerShares QQQ (QQQ), $1.7 billion from SPDR S&P 500 (SPY), $1 billion from SPDR DJIA (DIA), $803 million from iShares MSCI-EAFE (EFA), and $683 million from iShares MSCI-Emerging Mkts (EEM).

Among the exchange-traded product issuers for April 2012, Vanguard attracted the most inflows at $4.4 billion. This was followed by Van Eck with an inflow of $951 million and Blackrock (BLK - Get Report) adding $917 million.

-- Reported by Kevin Baker in Jupiter, Fla.

For additional Investment Research check out our Ratings Research Center.
Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by, covering equity and mutual fund ratings. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BLK $352.08 0.00%
HYG $82.58 0.00%
IWM $110.26 0.00%
LQD $120.10 0.00%
XLI $55.27 0.00%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs