Long-term mutual funds took in $7.7 billion in the week ended Jan. 12, the Investment Company Institute said Wednesday.
Equity funds took in $6.54 billion, with net inflows to both domestic and international equity funds; domestic funds netted $3.77 billion and international equity funds reaped $2.77 billion.
Hybrid funds saw $2.14 billion in inflows.
Bond funds, however, had net outflows of $980 million, with the bulk of that coming out of municipal bond funds. Investors redeemed $2.37 billion from muni bond funds but invested $1.39 into taxable bond funds.