Another Big Outflow For High Yield Bond Funds: $1.5B This Week, $5.4B In July

Retail-cash outflows from high-yield funds totaled $1.5 billion in the week ended July 30, with ETFs representing just 23% of the sum, or roughly $334 million, according to Lipper. The outflow is narrower than last week's total of $2.4 billion, which was the largest one-week redemption in 13 months, and the ETF influence is down from 45% last week.