Mutual funds attracted estimated inflows of $7.97 billion for the week ended Wednesday, May 22, according to data from the Investment Company Institute.

Equity funds had estimated inflows of $2.46 billion for the week, compared to estimated inflows of $2.42 billion in the previous week. Domestic equity funds had estimated outflows of $475 million, while estimated inflows to world equity funds were $2.94 billion.

Hybrid funds had estimated inflows of $1.39 billion for the week, compared to estimated inflows of $1.60 billion in the previous week.

Bond funds had estimated inflows of $4.13 billion, compared to estimated inflows of $4.52 billion during the previous week. Taxable bond funds saw estimated inflows of $3.97 billion, while municipal bond funds had estimated inflows of $156 million.

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