Investors poured money into long-term mutual funds for the 47th straight week, taking in $7.07 billion in the week ended Feb. 3, the Investment Company Institute said. Sales in the period, now nearing a year, now total $470 billion.

In the latest week, investors pulled $1.48 billion from stock funds, with a split of $2.23 billion in outflows from U.S. stock funds and $746 million of inflows to foreign stock funds. The week before, stock funds took in $810 million.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.