Thursday, June 3, 2010

Mutual Fund Flows for April

Washington, DC, May 27, 2010 - The combined assets of the nation’s mutual funds increased by $21.1 billion, or 0.2 percent, to $11.224 trillion in April, according to the Investment Company Institute’s official survey of the mutual fund industry. In the survey, mutual fund companies report actual assets, sales, and redemptions to ICI.
Total Net Assets of Mutual Funds
Billions of dollars
Apr 2010 Mar 2010 % chg Dec 2009
Stock Funds 5,279.2 5,202.7R 1.5 4,957.6
Hybrid Funds 686.6 671.2R 2.3 640.7
Taxable Bond Funds 1,919.4 1,870.1R   2.6 1,749.1
Municipal Bond Funds 481.1 475.3R   1.2     457.1
Taxable Money Market Funds 2,504.3 2,619.0R     -4.4 2,918.8
Tax-Free Money Market Funds 353.8      365.0   -3.1     397.4
Total 11,224.4 11,203.3R   0.2     11,120.7
R=Revised data; Components may not add to the total because of rounding.


Highlights: Long-term funds—stock, bond, and hybrid funds—had a net inflow of $45.74 billion in April, vs. an inflow of $53.28 billion in March.

Stock funds posted an inflow of $13.90 billion in April, compared with an inflow of $11.49 billion in March.  Among stock funds, world equity funds (U.S. funds that invest primarily overseas) posted an inflow of $8.64 billion in April, vs. an inflow of $8.35 billion in March.  Funds that invest primarily in the U.S. had an inflow of $5.26 billion in April, vs. an inflow of $3.14 billion in March.

Hybrid funds posted an inflow of $4.13 billion in April, compared with an inflow of $4.61 billion in March.

Bond funds had an inflow of $27.72 billion in April, compared with an inflow of $37.18 billion in March. Taxable bond funds had an inflow of $26.69 billion in April, vs. an inflow of $33.22 billion in March.  Municipal bond funds had an inflow of $1.03 billion in April, compared with an inflow of $3.96 billion in March.

Money market funds had an outflow of $126.47 billion in April, compared with an outflow of $155.79 billion in March. Funds offered primarily to institutions had an outflow of $93.50 billion. Funds offered primarily to individuals had an outflow of $32.97 billion.