
During Refinitiv Lipper’s fund-flows week ended June 22, 2022, investors were overall net sellers of fund assets (including both conventional funds and ETFs) for the second straight week, withdrawing a net $20.1 billion. Taxable bond funds (-$11.2 billion), equity funds (-$5.4 billion), money market funds (-$1.9 billion), and tax-exempt bond funds (-$1.6 billion) all suffered outflows. Index Performance At the close of Refinitiv Lipper’s fund-flows week, U.S. broad-based equity indices traded negative for the second week straight—Russell 2000 (2.36%), S&P 500 (-0.79%), DJIA (-0.60%), and Nasdaq (-0.42%) Fixed income indices traded positive for the first week in three, with the