Keeping Track: stock-fund inflows
Some shifts amid a general slide
Stock mutual funds had an inflow of $4.8 billion in May, compared with $12.9 billion in April, according to data released June 28 by the Investment Company Institute. Funds that invest in overseas firms notched an increase of $2 billion for the month, after a $667 million gain in April.
Bond funds had an inflow of $10.6 billion in May, compared with a rise of $7.76 in April.
The combined assets of the US mutual funds (stocks, bonds, money markets, and hybrids) fell $10.8 billion for the month, to $6.9 trillion.