The news just keeps getting worse for domestic equity mutual funds. We've noted before that inflows into these funds has slowed to a trickle, but the week ended April 4th marked a new low for the year. During that week, investors pulled a net of $4.27 billion out of American stock funds. That category has now lost $19 billion on the year to date.
Meanwhile, every other category is still taking on more and more assets:
* Hybrid funds took in $1.1 billion for the week ended April 4th.
* Foreign equity funds took in $1.22 billion on the week.
* Municipal bond funds took in $572 million.
* And corporate bond funds continue to be extremely popular, with inflows of $9.09 billion for that single week.
* All told, mutual funds had a net inflow of $7.71 billion on the week.
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