Long-Term Funds Take in $6.52 Billion

Long-term mutual funds had inflows of $6.52 billion in the week ended April 20, the Investment Company Institute said.

Equity funds experienced inflows of $3.08 billion, up considerably from the $835 million they took in the week before. Domestic equity funds had inflows of $1.93 billion, and foreign equity funds took in $1.15 billion.

Investors poured $2.41 billion into hybrid funds, down slightly from the $1.65 billion they took in the week before.

Bond funds had inflows of $2.17 billion, down from the $2.41 billion they took in the week before. Taxable bond funds saw inflows of $3.32 billion, and municipal bond funds saw inflows of $1.15 billion.

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