Washington, DC, November 30, 2016—Total estimated outflows from long-term mutual funds1 were $4.11 billion for the six-day period ended Tuesday, November 22, the Investment Company Institute reported today.
Equity funds2 had estimated outflows of $672 million for the week, compared to estimated outflows of $7.94 billion in the previous week. Domestic equity funds had estimated outflows of $844 million, and world equity funds had estimated inflows of $173 million.
Hybrid funds2—which can invest in stocks and fixed-income securities—had estimated outflows of $820 million for the week, compared to estimated outflows of $1.74 billion in the previous week.
Bond funds2 had estimated outflows of $2.62 billion for the week, compared to estimated outflows of $6.87 billion during the previous week. Taxable bond funds saw estimated outflows of $215 million, and municipal bond funds had estimated outflows of $2.40 billion.
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