Washington, DC, July 13, 2011 - Total estimated inflows to long-term mutual funds were
$3.14 billion for the week ended Wednesday, July 6, 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
Millions of dollars
|
6/8/2011
|
6/15/2011
|
6/22/2011
|
6/29/2011
|
7/6/2011
|
|
Total Equity
|
-5,755
|
-7,332
|
-3,993
|
-2,299
|
-3,841
|
|
|
Domestic
|
-5,464
|
-6,869
|
-4,247
|
-3,050
|
-4,471
|
|
Foreign
|
-291
|
-464
|
255
|
751
|
630
|
Hybrid
|
173
|
342
|
748
|
560
|
572
|
|
Total Bond
|
5,533
|
2,486
|
1,871
|
2,283
|
6,411
|
|
|
Taxable
|
5,234
|
2,410
|
1,469
|
2,113
|
6,173
|
|
Municipal
|
298
|
75
|
402
|
170
|
238
|
Total
|
|
-49
|
-4,505
|
-1,374
|
544
|
3,143
|
Equity funds had estimated outflows
of $3.84 billion for the week, compared to estimated outflows of $2.30 billion
in the previous week. Domestic equity funds had estimated outflows of $4.47
billion, while estimated inflows to foreign equity funds were $630 million.
Hybrid funds, which can invest in
stocks and fixed income securities, had estimated inflows of $572 million for
the week, compared to estimated inflows of $560 million in the previous week.
Bond funds had estimated inflows of
$6.41 billion, compared to estimated inflows of $2.28 billion during the
previous week. Taxable bond funds saw estimated inflows of $6.17 billion, while
municipal bond funds had estimated inflows of $238 million.