Friday, June 18, 2010

Mutual Fund Flows

Washington, DC, June 16, 2010 - Total estimated inflows to long-term mutual funds were $2.07 billion for the week ended Wednesday, June 9, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.
Estimated Flows to Long-Term Mutual Funds
Millions of dollars
  5/12/2010 5/19/2010 5/26/2010 6/2/2010 6/9/2010
Total Equity -10,050 -1,083 -17,390 -658 -2,881
  Domestic -7,018 -745 -13,442 -1,119 -3,660
  Foreign -3,032 -339 -3,948 461 779
Hybrid -592 635 -2,102 -189 220
Total Bond 1,030 5,300 3,334 3,894 4,734
  Taxable 480 4,387 2,883 3,132 4,331
  Municipal 550 913 450 762 403
Total -9,612 4,851 -16,159 3,047 2,073

Equity funds had estimated outflows of $2.88 billion for the week, compared to estimated outflows of $658 million in the previous week. Domestic equity funds had estimated outflows of $3.66 billion, while estimated inflows to foreign equity funds were $779 million.

Hybrid funds, which can invest in stocks and fixed income securities, had estimated inflows of $220 million for the week, compared to estimated outflows of $189 million in the previous week.

Bond funds had estimated inflows of $4.73 billion, compared to estimated inflows of $3.89 billion during the previous week. Taxable bond funds saw estimated inflows of $4.33 billion, while municipal bond funds had estimated inflows of $403 million.

Data for previous weeks reflect revisions due to data adjustments, reclassifications, and changes in the number of funds reporting. Historical flow data is available on the ICI website.