Stock funds saw net inflows for the fourth time in the past five weeks, netting $1.62 billion for the week ended Nov. 10, the Investment Company Institute said.

U.S. equity funds, however, had outflows of $677 million, while $2.3 billion was added to foreign funds.

In the previous week, ended Nov. 3, equity funds had inflows of $731 million.

Between equity, bond and hybrid funds, long-term mutual funds had an estimated $6.74 billion of inflows.

Bond funds netted $3.96 billion, up slightly from the $3.51 billion the previous week. The split was $4.08 billion to taxable funds and $115 million in withdrawals from municipals.

Hybrid funds took in $1.15 billion, up from the $744 million they netted the previous week.

Investors redeemed $8.78 billion from money market funds, bringing the industry total to $2.775 trillion, according to iMoneyNet.

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