
During LSEG Lipper’s fund-flows week that ended July 19, 2023, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the second week in three, adding in a net of $2.9 billion. Equity funds (-$2.3 billion) observed weekly outflows, while money market funds (+$902 million), tax-exempt bond funds (+$1.0 billion), and taxable bond funds (+$3.2 billion) registered inflows on the week. Index Performance At the close of LSEG Lipper’s fund-flows week, U.S. broad-based equity indices reported positive returns—the Russell 2000 (+2.66%), Nasdaq (+3.15%), S&P 500 (+2.09%), and DJIA (+2.08%) were all in the black. This