According to data from State Street, a substantial number of investors flocked to bond ETFs–while equity and commodity ETFs posted net outflows $5.8 billion and $2.1 billion respectively in June, fixed income ETFs attracted $7.4 billion of inflows during the month. This officially marks the 35th consecutive month of inflows for bond ETFs.
Credit risk is minimal with SPSB as over 44% of the fund’s holdings are rated A and over 39% are rated Baa.
Year-to-date, investors have added nearly $913 million in new assets to SPSB.
For more trends in fixed income, visit the Fixed Income Channel.
