Takeaways by Bloomberg AI
- A high-yield municipal-bond fund run by Capital Group saw an inflow of $1.54 billion on Friday.
- The fund’s assets jumped to $1.78 billion, a 639% gain, after the influx of cash, according to the data.
- The increase was due to the ETF being added to Capital Group’s tax-aware portfolio series and model portfolios, a spokesperson said.
A high-yield municipal-bond fund run by Capital Group saw the biggest inflow of any US-based exchange-traded fund on Friday, with an infusion of $1.54 billion.
The Capital Group Municipal High-Income ETF had $241 million of assets on Thursday. One day later, that had jumped to $1.78 billion, a 639% gain, after the massive influx of cash, the data shows.
Bloomberg Markets
By Elizabeth Rembert
August 18, 2025