Long-term stock and bond mutual funds netted $8.873 billion in inflows in the week ended July 8, the 17th straight week of inflows, the Investment Company Institute said.
Over the past four months, long-term funds have had total inflows of $170 billion.
In the latest week, stock funds took in $3.18 billion, whereas they lost $584 million in the previous week. Bond funds took in $5.22 billion, whereas they had inflows of $8.08 billion in the previous week.
As stock and bond funds saw inflows, money market funds lost $1.91 billion, according to iMoneyNet.