Mutual fund flows slowed down somewhat the week ended Feb. 6, although funds are still in the black.
Overall flows totaled $13.8 billion, down from $14.3 billion the week ended Jan. 30, according to data from the Investment Company Institute.
Equity funds totaled $5.8 billion in flows for the week, down from $8.2 billion the week prior.
World equity funds rose to $5.1 billion from $4.7 billion, but domestic funds fell significantly to $683 million from $3.5 billion.
Hybrid fund flows experienced flows of $2 billion compared with $2.6 billion the previous week.
After a brief lull in flows the week ended Jan. 30, bond funds recovered their overall flows somewhat, increasing to $6 billion from $3.5 billion. Total flows for bond funds peaked in January at $10.6 billion the week ended Jan. 16.
Bond fund flows were buoyed by the increase in taxable bond fund flows, which rose to $5.4 billion from $2.6 billion. Meanwhile, municipal bond fund flows shrank slightly to $580 million from $876 billion.
