Long-Term Mutual Fund Flows
June 23, 2010
Washington, DC, June 23, 2010 - Total estimated inflows to long-term mutual funds were $3.12 billion for the week ended Wednesday, June 16, 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
| 5/19/2010 | 5/26/2010 | 6/2/2010 | 6/9/2010 | 6/16/2010 | ||
| Total Equity | -1,063 | -17,390 | -675 | -2,899 | -1,837 | |
| Domestic | -724 | -13,443 | -1,128 | -3,682 | -1,824 | |
| Foreign | -339 | -3,948 | 453 | 782 | -13 | |
| Hybrid | 635 | -2,102 | -189 | 220 | 482 | |
| Total Bond | 5,300 | 3,331 | 3,890 | 4,732 | 4,475 | |
| Taxable | 4,387 | 2,881 | 3,129 | 4,328 | 4,233 | |
| Municipal | 913 | 450 | 761 | 403 | 242 | |
| Total | 4,872 | -16,162 | 3,026 | 2,053 | 3,120 | |
Equity funds had estimated outflows of $1.84 billion for the week, compared to estimated outflows of $2.90 billion in the previous week. Domestic equity funds had estimated outflows of $1.82 billion, while estimated outflows from foreign equity funds were $13 million.
Hybrid funds, which can invest in stocks and fixed income securities, had estimated inflows of $482 million for the week, compared to estimated inflows of $220 million in the previous week.
Bond funds had estimated inflows of $4.48 billion, compared to estimated inflows of $4.73 billion during the previous week. Taxable bond funds saw estimated inflows of $4.23 billion, while municipal bond funds had estimated inflows of $242 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.
