Long-term mutual funds took in $12.75 billion in the week ended March 3, marking the 51st straight week for inflows, which now total $500 billion, according to the Investment Company Institute.

Stock funds saw inflows of $1.77 billion, down slightly from $1.98 billion the previous week. Of that, U.S. stock funds took in $1.54 billion, and foreign funds, $3.31 billion.

Bond fund sales totaled $10.08 in the latest week, up from $7.85 billion in the previous week. The flows were split with $8.73 billion going to taxable bond funds and $1.34 billion to municipals.

Hybrid funds took in an additional $905 million, down from $1.14 billion the previous week, and $31.54 billion worth of money market fund assets walked out the door.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access