Industry inflows spiked up last week to their highest level in six weeks, despite a U.S. stock fund reversal into outflow territory, according to the latest data from the folks at a mutual fund industry trade group.
Yesterday (Wednesday, March 4), the Investment Company Institute (
ICI) team
reports that an estimated $$47.753 billion net
flowed into ETFs and long-term, open-end mutual funds in the week ended February 25, 2026*. That's up by $12.115 billion week-over-week from the
week ended on February 18* and brings the industry's inflows streak to seven weeks and counting.
Traditional, long-term, open-end mutual funds
suffered an estimated $14.581 billion in net
outflows in the week ended February 25, up by $13.389 billion W/W. Meanwhile, ETFs
brought in an estimated $62.334 billion in net
inflows last week, up by $25.503 billion W/W.
Bond funds led the way for a sixth week running. Per ICI's data, fixed income funds and ETFs brought in an estimated $34.171 billion in net inflows for the week ended February 25 (up by $11.137 billion W/W). $31.497 billion of that (up by $10.454 billion W/W) flowed into taxable bond funds and ETFs, while $2.674 billion (up by $683 million W/W) flowed into municipal bond funds and muni ETFs.
The ICI team reports that equity funds and ETFs brought in $8.023 billion in net inflows in the week ended February 25 (down by $7.374 billion W/W), their 7th consecutive week of inflows. Domestic equity funds and ETFs suffered an estimated $5.743 billion in net outflows last week (an $11.762-billion net flows drop W/W), while world equity ETFs and funds brought in $13.766 billion in net inflows (up by $4.353 billion W/W).
Commodity funds (well, ETFs) brought in an estimated $5.619 billion in net inflows for the week ended February 25. That's up by $7.968 billion W/W.
On the flip side, hybrid funds and ETFs suffered an estimated $59 million in net outflows for the week ended February 25. That's down by $384 million W/W.
*Money-market funds and funds of funds, as well as non-'40 Act asset management products like collective trusts and separate accounts, are not included.
**Editor's Note: The ICI folks note that they also regularly 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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