10.05.2016

ICI Reports Estimated ETF Net Issuance

ICI.org – Washington, DC – The estimated value of all exchange-traded fund1 (ETF) shares issued exceeded that of shares redeemed by $11.98 billion for the week ended September 28, 2016, the Investment Company Institute reported today. In addition to this report, ICI will also be publishing long-term mutual fund flows and a report that combines data for ETFs and mutual funds, available on the ICI website.

 

ETF Estimated Net Issuance Millions of dollars

  9/28/2016 9/21/2016 9/14/2016 9/7/2016 8/31/2016
Equity 8,784 -1,731 1,487 3,414 4,599
  Domestic 10,106 -775 157 2,487 3,653
  World -1,322 -956 1,331 927 946
Hybrid 39 20 31 28 30
Bond 2,827 3,596 -2,417 630 1,137
  Taxable 2,764 3,471 -2,539 849 1,011
  Municipal 63 125 121 -219 126
Commodity 325 533 -898 458 -601
Total 11,975 2,419 -1,797 4,530 5,166

Note: Components may not add to the total because of rounding. Includes funds not registered under the Investment Company Act of 1940.

Equity ETFs2 had estimated net issuance of $8.78 billion for the week, compared to estimated negative net issuance of $1.73 billion in the previous week. Domestic equity ETFs had estimated net issuance of $10.11 billion, and world equity ETFs had estimated negative net issuance of $1.32 billion.

Hybrid ETFs2—which can invest in stocks and fixed-income securities—had estimated net issuance of $39 million for the week, compared to estimated net issuance of $20 million in the previous week.

Bond ETFs2 had estimated net issuance of $2.83 billion for the week, compared to estimated net issuance of $3.60 billion during the previous week. Taxable bond ETFs saw estimated net issuance of $2.76 billion, and municipal bond ETFs had estimated net issuance of $63 million.

Commodity ETFs2—which are ETFs (both registered and not registered under the Investment Company Act of 1940) that invest primarily in commodities, currencies, and futures—had estimated net issuance of $325 million for the week, compared to estimated net issuance of $533 million during the previous week.

 

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