Updated Monday, July 28, 2014 as of 12:37 PM ET
Portfolio - Fixed Income
ICI: Bond Funds See Hefty Inflows
by: Mary Schroeder
Thursday, May 2, 2013

Investors plunged back into bond funds with gusto for the week ended April 24, after two consecutive weeks of taking their foot off the petal, according to estimates from the Investment Company Institute. Net inflows into bond funds for the week were $5.8 billion, compared to $1.7 billion for the week ended April 10 and $1.5 billion for the week ended April 17, according to ICI numbers.

$5.6 billion flowed into taxable bond funds and $133 million was garnered by muni bond funds, according to ICI estimates.  

Domestic equity funds had estimated outflows of $608 million, while estimated inflows to world equity funds were $1.9 billion, the ICI said. Domestic equity funds have been on a roller coaster over the last several weeks. The funds saw net redemptions of $1.8 billion for the week ended April 3, net inflows of $378 million for the week ending April 10, and net inflows of almost $2 billion for the week ended April 17, according to ICI numbers.

Flows into world equity funds were approximately $1.9 billion for the week, compared to $646 million for the week ended April 17 and $1.2 billion for the week ended April 10, according to the ICI.

Flows into hybrid funds were $1.4 billion, roughly even with preceding weeks.

Get access to this article and thousands more...

All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.

Already Registered?

2014 Summer Reading List for Advisors

Current Issue

The June Issue is now online!


Industry Events

August 10, 2014 |

September 9, 2014 |

September 17, 2014 |

September 20, 2014 |

September 28, 2014 |

Already a subscriber? Log in here