The economy may be in recession, but people who buy mutual funds apparently aren't worried.
... ... ... ... ... ... ... ... ... ... ... ...YTD... ...YTD
. . . . . . .3/91 . . . 2/91 . . . 3/90 . . . 3/91 . . .3/90
Total Sales $15,810.6. $13,915.0. $13,614.1 .$43,134.8 .$39,115.6
Growth/Income 2,603.4.. 1,913.3.... 2,732.4....6,555.0... 7,387.7
Growth....... 1,758.6.. 1,642.2.... 1,659.2... 4,777.1... 4,640.7
Long-Term
Municipal Bond 1,440.5..1,405.0.... 1,202.8... 4,326.6... 4,082.5
Government ....1,405.5..1,447.7.... 1,080.3... 4,329.6... 3,197.8
Single-State
Municipal Bond.1,302.6..1,205.5.... 1,089.5... 3,767.7... 3,236.0
Global-Bond ...1,193.5..1,219.7...... 160.6... 3,379.3..... 511.9
Aggr. Growth...1,098.9... 978.3...... 997.1....2,957.8....2,636.6
GinnieMae........808.6... 722.5...... 433.9....2,254.7... 1,291.8
Income-Bond..... 791.0... 541.2...... 749.7... 1,979.9... 1,818.3
Income Mixed.... 679.6... 632.2...... 451.2.... 1,971.7...1,413.1
Income-Equity... 626.8... 369.4...... 740.6.... 1,365.4...1,779.8
International....575.9... 485.8...... 801.1.... 1,399.1...2,486.4
SOURCE: Investment Company Institute