Equity funds experienced a net inflow of $4.69 billion in February, the
The net inflow into stock funds is due to the positive flows into domestic funds, which saw an inflow of $7.58 billion in February, according to the ICI. International funds, which gained a net $3.65 billion in January, had an outflow of $2.89 billion last month.
Bond funds experienced net inflows of $10.67 billion in February, the ICI reported. Of that, $8.33 billion went into taxable bond funds, and $2.34 billion into municipal bond funds. Hybrid funds had inflows of $2.34 billion.
Money market funds underwent a turnaround in February. After having net inflows of $13.98 billion in January, $5.45 billion flowed out of money funds in February. The outflow came from institutional money market funds. While retail money funds had a net inflow of $4.67 billion last month, institutional funds had an outflow of $10.12 billion, according to the ICI.
