Long-Term funds netted $2.13 billion in the week ended Sept. 14, according to the Investment Company Institute.
Equity funds saw a total of $1.99 billion in outflows, with $2.66 billion leaving domestic equity funds and foreign stock funds taking in $666 million. By comparison, equity funds took in $716 million in the previous week.
Hybrid funds had inflows of $267 million for the week, down considerably from the $1.74 billion in inflows they experienced the previous week.
Investors poured $3.85 billion into bond funds, down from the $4.86 billion they took in the previous week. $3.42 billion went into taxable funds, and municipals reaped $610 million.
-- This article first appeared on Money Management Executive.
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