Amid the market turmoil prompted by mortgage concerns, investors are fleeing equity and bond funds and moving into money market funds and U.S. Treasuries, The New York Times reports.

While all mutual fund sectors have been hard hit, some of the worst casualties are small-cap value, real estate and high-yield funds. In the past month, for example, small-cap value funds have tumbled 7.5%, real estate investment trusts have fallen 6% and high-yield funds have given up 2.3%.

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