Long-Term Mutual Fund Flows
November 4, 2009
Washington, DC, November 4, 2009 -Total estimated inflows to long-term mutual funds were $8.93 billion for the week ended Wednesday, October 28, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.
Estimated Flows to Long-Term Mutual Funds
(millions of dollars)
| 9/30/2009 | 10/7/2009 | 10/14/2009 | 10/21/2009 | 10/28/2009 | ||
| Total Equity | -4,159 | -4,241 | -3,259 | 1,925 | -1,465 | |
| Domestic | -3,812 | -4,817 | -5,136 | -974 | -2,558 | |
| Foreign | -347 | 577 | 1,877 | 2,899 | 1,094 | |
| Hybrid | 47 | 564 | 1,384 | 979 | 239 | |
| Total Bond | 9,019 | 15,215 | 8,804 | 11,179 | 10,158 | |
| Taxable | 6,824 | 12,483 | 8,440 | 10,644 | 8,850 | |
| Municipal | 2,195 | 2,731 | 363 | 535 | 1,308 | |
| Total | 4,907 | 11,538 | 6,929 | 14,083 | 8,933 | |
Equity funds had estimated outflows of $1.47 billion for the week, compared to estimated inflows of $1.93 billion in the previous week. Domestic equity funds had estimated outflows of $2.56 billion, while estimated inflows to foreign equity funds were $1.09 billion.
Hybrid funds, which can invest in stocks and fixed income securities, had estimated inflows of $239 million for the week, compared to estimated inflows of $979 million in the previous week.
Bond funds had estimated inflows of $10.16 billion, compared to estimated inflows of $11.18 billion during the previous week. Taxable bond funds saw estimated inflows of $8.85 billion, while municipal bond funds had estimated inflows of $1.31 billion.
Data for previous weeks reflect revisions due to data adjustments, reclassifications, and changes in the number of funds reporting. Historical flow data is available on the ICI website.
