It was only $99 million.
But it was the first gain registered by mutual funds that invest long-term in U.S. publicly listed companies since the start of June.
The $99 million inflow reported by the Investment Company Institute for the week ended July 18 does not erase the $11.8 billion pulled out of such funds in the prior six weeks.
The positive number for domestic stock funds came as investors poured $8.0 billion into mutual funds of all types, by the ICI’s count. ICI’s estimates are based on data collected covering more than 95% of industry assets.
Including funds that invest in foreign stocks, equity funds had inflows of $640 million for the week, up from $537 million.
Bond funds once again were the big winners, picking up $6.5 billion. Hybrid funds, which invest in both stocks and bonds, picked up 41.75 billion.
The last time that domestic stock funds showed a gain for an entire month was in April 2011, when $1.4 billion was added.
Since the start of June, mutual funds have seen total inflows of $26.8 billion.
Investors had placed a total of $12.0 trillion in mutual funds at the end of May.
