Industry inflows quintupled last week, thanks to rising fixed income inflows and falling equity fund outflows, according to the latest data from the folks at a mutual fund industry trade group.

Today, the Investment Company Institute (ICI) team reports that an estimated $11.199 billion net flowed into ETFs and long-term, open-end mutual funds for the week ended September 17. (Money-market funds and funds-of-funds, as well as other asset management products like CITs and separate accounts, are not included.) That's a $9.124-billion net flows jump week-over-week from the week ended on September 10*, and it extends the industry's inflows streak to six weeks.

Traditional, long-term, open-end mutual funds suffered an estimated $17.366 billion in net outflows for the week ended September 17, according to the ICI folks, down by $2.779 billion W/W. Meanwhile, ETFs brought in an estimated $28.565 billion in net inflows last week, up by $6.345 billion W/W.

Fixed income dominated industry inflows yet again last week. Per ICI's data, $18.716 billion net flowed into bond funds and ETFs in the week ended September 17, up by $2.769 billion W/W. $16.624 billion of that (up by $5.011 billion W/W) flowed into taxable bond funds and ETFs, while $2.092 billion (down by $2.242 billion W/W) flowed into municipal bond funds and muni ETFs.

Commodity funds (all ETFs) brought in an estimated $804 million in net inflows for the week ended September 17. That's up by $162 million W/W.

Hybrid funds and ETFs suffered an estimated $341 million in net outflows last week. That's down by $1.129 billion W/W.

Equity funds and ETFs suffered an estimated $7.981 billion in net outflows for the week ended September 17, down by $5.063 billion W/W. Domestic equity funds and ETFs suffered $10.882 billion in net outflows last week (down by $8.966 billion W/W), yet world equity funds and ETFs brought in an estimated $2.901 billion in net inflows (down by $3.903 billion W/W).

*Editor's Note: The ICI folks note that they also revise the past weeks' flows data "because of adjustments, reclassifications, and changes in the number of funds reporting." Thus, the week-to-week flows changes may not quite line up perfectly with the numbers in MFWire's coverage of prior weeks' flows. 

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