Long-Term Funds Take in $7.91 Billion

Long-term funds had inflows of $7.91 billion for the week ended Feb. 23, the Investment Company Institute said Wednesday.

Equity funds had inflows of $2.53 billion, down from the $6.42 billion they took in the week before. Flows to domestic and international equity funds were almost even, with $1.5 billion going to domestic equity funds and $1.03 billion to international equity funds.

Hybrid funds had inflows of $1.49 billion, down slightly from the $1.98 billion they took in the previous week.

Bond funds took in $3.89 billion, up from the $95 million in inflows the previous week. Taxable bond funds saw inflows of $4.45 billion, and municipals had outflows of $556 million.

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