April 13, 2017 / 10:18 PM / 5 months ago

U.S.-based stock funds attract $1.4 bln in latest week -Lipper

NEW YORK, April 13 (Reuters) - Investors in U.S.-based funds poured $1.4 billion into stock funds in the week ended Wednesday after pulling $11.9 billion from the funds the prior week, data from Thomson Reuters Lipper service showed on Thursday.

Taxable bond funds attracted $1 billion in new cash to mark their fourth straight week of inflows. Funds that hold riskier high-yield corporate bonds posted $348 million in outflows after attracting $2.4 billion in inflows the prior week. (Reporting by Sam Forgione; Editing by Dan Grebler)

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