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Fund Assets Swell to $12T in December
Long-term stock, bond, and hybrid mutual funds had a $2.69 billion net inflow in December after a November outflow of $7.11 billion. Stock funds posted an inflow of $1.29 billion in December, compared to an outflow of $9.94 billion in November.
Among stock funds, world equity funds posted an inflow of $9.26 billion in December versus an inflow of $4.64 billion in November. Funds that invest primarily in the U.S. had an outflow of $7.96 billion in December versus an outflow of $14.58 billion in November.
Bond funds had an inflow of $584 million in December, compared to an inflow of $1.96 billion in November. Taxable bond funds had an inflow of $4.06 billion for the month, while municipal bond funds had an outflow of $3.48 billion.
Money market funds had an inflow of $35.5 billion in December, compared to an inflow of $101.3 billion in November. Funds offered primarily to institutions posted an inflow of $16.6 billion, and funds offered primarily to individuals took in $18.8 billion.
Hybrid funds posted a December inflow of $810 million.
The latest ICI data is available here.
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