From the September 2009 issue of Boomer Market Advisor • Subscribe!

Stock & bond funds make a comeback

Boomers undoubtedly dominate mutual fund ownership, and it appears they've shaken their panic enough to come back in the second quarter this year.

According to data gathered from the Associated Press, $136 billion flowed into stock and bond funds during the April-through-June period. It's the biggest flow into funds since the first quarter of 2007 when, according to the AP, the total was nearly $150 billion. The totals exclude money-market mutual funds.

Bond funds were the "bright spot" for the U.S. mutual fund industry. About two-thirds of the cash flowing in went to bond funds, with the remaining third going to stock funds.

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