Long-term mutual funds took in $12.53 billion for the week ended July 29, the 20th straight week of inflows, according to data from the Investment Company Institute. Net purchases to equity and bond funds over the past five months are nearly $200 billion.
Stock funds took in $3.4 billion, up from $2.21 billion the previous week. Bond funds took in $8.57 billion, up from $8.17 billion the previous week.
Money market fund assets fell by $34.31 billion to $3.558 trillion, according to iMoneyNet.