Long-term funds took in $9.52 billion for the week ended Oct. 20, the Investment Company Institute said. This marks the second week in a row that stock funds have netted inflows and the seventh consecutive week that long-term funds have had inflows, now totaling $41 billion.
In the latest week, stock funds took in $2.02 billion. In the 23 weeks prior, investors pulled $92 billion from stock funds.
Bond funds in the week ended Oct. 20 took in $6.48 billion, up from $5.72 billion the previous week. Hybrid funds had inflows of $1.01 billion, down from the $1.46 billion they took in the previous week.
Money market funds saw their assets increase by $24.09 billion to $2.783 trillion.