Long-Term Funds Take in $4.01 Billion

In the week ended Jan. 19, long-term funds took in $4.01 billion, the Investment Company Institute said.

Bond funds had outflows of $2.17 billion, after having lost $975 million the week before. Investors moved $3.58 billion into taxable bond funds in the latest week, and withdrew $5.75 billion from municipals.

Equity funds netted $4.62 billion in the latest week, following inflows of $6.54 billion in the previous week. There were inflows to both U.S. and international equity funds, which took in $2.97 billion and $1.65 billion, respectively.

Hybrid funds saw $1.56 billion of inflows, down slightly from the $2.14 billion they took in the previous week.

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