Investors continue to boo U.S. equity mutual funds. For the week ended July 11, investors pulled an estimated $1.47 billion from mutual funds that invest long-term in U.S. stocks, according to the latest statistics from the Investment Company Institute.

All other fund categories posted inflows for the week, including global stock funds, which drew $927 million, triple the $301 million inflow a week earlier.

Bond funds were investor favorites once again, capturing $6.39 billion in inflows, the most of any fund category. Of the $6.39 billion, $5.22 billion went to taxable bond funds with the remaining $1.17 billion going to municipal bond funds.

Hybrid funds — those that invest in both stocks and fixed income securities — received $1.75 billion in estimated inflows, up slightly from $1.13 billion a week earlier.

Overall, mutual funds posted estimated inflows of $7.60 billion, reversing the previous week’s outflow of $380 million.

The weekly fund flow estimates are derived from data covering more than 95% of industry assets, according to ICI. The statistics cover long-term mutual funds, those the ICI defines as investing in long-term instruments.

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