Domestic stock funds still have lost assets on a year-to-date basis though, some $19.1 billion.
Money market funds showed the largest inflow in November with $127 billion, compared to a $12.5.7 billion October outflow. However, year-to-date these funds have showed a net outflow of $10.1 billion.
Taxable bond mutual funds also gained in November, recording a $7.9 billion inflow, slightly down from the $8.0 billion inflow in October. Year-to-date this category has gained the most, now showing an inflow of $117.7 billion.
Conversely, Hybrid mutual funds, including balanced, flexible portfolio, income mixed and asset allocation funds, had an outflow in November of $1.2 billion, compared to a similar outflow in October of $1.0 billion. For the year though, these funds continue to record an inflow, with a year-to-date inflow of $8.5 billion.
Also showing an outflow in November were Municipal bond mutual funds, losing $164 million, however, better than October’s $1.5 billion outflow. However, these funds have recorded a year-to-date inflow of $15.8 billion.
Overall, combined assets of the nation’s mutual funds rose 5.1percent to $6.6 trillion in November from a revised $6.2trillion in October that was previously reported at $6.2 trillion, according to the data from ICI.