Investment Company Institute
               Long-Term Mutual Fund and Exchange-Traded Fund (ETF) Flows
               Millions, U.S. dollars
                   Date      Total LT MF                Equity                 Hybrid                  Bond                  Commodity
                            and ETF flows    Total     Domestic     World                   Total     Taxable    Municipal
               Monthly fund flows
               01/31/2018        113,068      54,206      10,793     43,413         382      56,756      46,287     10,469        1,724
               02/28/2018         -20,239    -19,500     -41,438     21,938       -3,469      1,704       2,705      -1,001       1,026
               03/31/2018          7,976      -6,740     -22,146     15,407       -1,735     15,898      14,146      1,752          554
               04/30/2018         20,902         -24      -7,395      7,371       -3,800     22,416      24,175      -1,759       2,310
               05/31/2018         23,011      13,743      10,072      3,671       -3,642     13,042      11,749      1,294         -133
               06/30/2018         -16,476    -26,523     -20,999      -5,525      -7,110     19,608      16,995      2,612        -2,450
               07/31/2018         19,025        -302       1,017      -1,319      -5,996     25,923      22,494      3,429         -599
               08/31/2018          7,071      -3,953      -6,653      2,700       -6,210     19,556      17,218      2,338        -2,322
               09/30/2018         10,892      -1,051        891       -1,942      -6,111     18,090      18,521       -431          -36
               10/31/2018         -49,541     -6,658      -9,656      2,998     -11,280     -31,939     -27,692      -4,247         336
               11/30/2018         -16,540      6,966       2,770      4,196     -12,390     -11,233      -7,443      -3,790         117
               12/31/2018        -133,870    -57,435     -28,946     -28,489    -28,220     -49,388     -49,500        111        1,173
               01/31/2019         19,381     -11,223     -21,195      9,972        -873      29,308      21,722      7,585        2,169
               02/28/2019         43,448       2,232       3,632      -1,400      -2,436     45,146      34,191     10,955        -1,493
               03/31/2019         24,740      -7,586      -3,654      -3,931      -5,733     38,412      29,301      9,112         -353
               04/30/2019         19,066     -15,606      -5,307     -10,298      -4,064     40,565      33,277      7,288        -1,829
               05/31/2019          -9,591    -25,913     -24,652      -1,261      -3,844     21,332      12,778      8,554        -1,166
               06/30/2019         17,749     -20,709     -11,997      -8,712      -4,296     39,771      32,774      6,996        2,984
               07/31/2019         30,152     -14,872      -7,889      -6,983      -2,034     44,811      34,660     10,150        2,247
               08/31/2019         -22,714    -41,827     -29,908     -11,919      -6,938     22,304      13,258      9,046        3,747
               09/30/2019         25,884     -10,885      -4,650      -6,235      -5,045     38,482      33,080      5,402        3,332
               10/31/2019         10,985     -30,600     -24,645      -5,955      -1,906     43,187      34,801      8,386          304
               11/30/2019         40,680        -899     -11,716     10,817       -1,868     44,480      34,403     10,077        -1,032
               12/31/2019         23,755     -21,654     -27,500      5,846       -4,779     50,733      40,606     10,127         -545
               01/31/2020         68,641      -7,954     -24,544     16,590         163      73,855      59,984     13,870        2,577
               02/29/2020          5,010     -17,852     -28,220     10,368       -4,316     25,064      14,904     10,160        2,115
               03/31/2020        -340,771    -25,606      -7,485     -18,121    -48,305    -273,714    -229,254     -44,460       6,855
               04/30/2020          9,447     -20,250       2,664     -22,913      1,970      14,672      18,205      -3,533      13,055
               05/31/2020         33,017     -43,805     -20,929     -22,875      -2,535     73,166      66,167      7,000        6,191
               06/30/2020         57,211     -45,061     -24,822     -20,239      -2,291    100,075      86,417     13,657        4,489
               07/31/2020         42,040     -62,042     -46,524     -15,517      -3,158     98,490      86,865     11,625        8,750
               08/31/2020         29,140     -56,738     -57,594        856       -1,919     84,113      72,474     11,639        3,684
               09/30/2020          -5,331    -51,449     -28,899     -22,550      -6,411     50,996      44,302      6,694        1,533
               10/31/2020         -17,587    -73,736     -52,484     -21,252      -7,362     63,895      57,310      6,585         -385
               11/30/2020         95,138      43,175      41,042      2,133       -2,233     58,856      50,674      8,182        -4,660
               Estimated weekly fund flows
               12/02/2020         12,555      -8,904        452       -9,357         33      22,617      20,803      1,815        -1,191
               12/09/2020         12,047      -1,318      -6,168      4,850        -420      13,854      11,516      2,338          -69
               12/16/2020         15,504       9,491       6,628      2,863       -1,599      8,115       5,598      2,517         -503
               12/22/2020          8,554      -3,201      -7,535      4,334       -1,271     12,915      10,839      2,076          111
               12/29/2020         17,554      -2,034      -4,071      2,038         923      18,315      14,843      3,472          349
        Note: Weekly fund flows are estimates based on reporting covering more than 98 percent of mutual fund and ETF assets, while actual 
        monthly mutual fund net new cash flow and ETF net issuance data are collected and reported separately. Mutual fund data represent net 
        new cash flow, which is  new sales minus redemptions combined with net exchanges, while ETF data represent net issuance, which is gross 
        issuance less gross redemptions. The primary difference is that net new cash flow excludes reinvested dividends and new issuance includes 
        reinvested dividends. Data for mutual funds that invest primarily in other mutual funds and ETFs that invest primarily in other ETFs were 
        excluded from the series.