Long-term funds took in $6.46 billion in the week ended May 4, the Investment Company Institute said.

Equity funds saw $1.9 billion in redemptions, compared to outflows of $930 million the previous week. Domestic equity funds had outflows of $2.03 billion, while foreign equity funds had inflows of $132 million.

Hybrid funds had outflows of $2.24 billion, compared to inflows of $892 million the previous week.

Bond funds had inflows of $6.12 billion, up substantially from the $2.89 billion of inflows the previous week. Taxable bond funds saw inflows of $6.4 billion, and municipal bond funds had outflows of $274 million.

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