Outflows from U.S. stock funds slowed in late June, according to statistics released today from the Investment Company Institute. For the week ended June 27, investors pulled an estimated $1.46 billion from mutual funds that invest long-term in U.S. equities, down 21% from the previous week’s $1.85 billion outflow.

Meanwhile, global equity funds attracted an estimated $362 million in inflows for the week, up slightly from the $327 million they took in a week earlier.

The most popular funds, once again, were bond funds, which took in an estimated $4.34 billion in fresh infusions for the week. Of the $4.34 billion, $3.26 billion went to taxable bond funds with the remaining $1.08 billion going to municipal bond funds.

Hybrid funds — those that invest in both stocks and fixed income securities — posted estimated inflows of $21 million, down sharply from the $1.19 billion inflow a week earlier.

All in all, mutual funds were off their game, taking in a lackluster $3.26 billion in estimated inflows, down 29% from the $4.58 billion inflow a week earlier and 39% from the $5.36 billion inflow the week before that. 

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.