BOSTON (AP) — Investors pulled cash out of stock mutual funds for the fifth month in a row, while bond funds again attracted new cash. Anxiety about stocks is running so deep that net deposits into bond funds through July are already 50 percent greater than the total for all of last year.

A net $12.7 billion was withdrawn from U.S. stock funds last month, industry consultant Strategic Insight said on Friday. It was the biggest monthly net withdrawal this year, despite the 1 percent rise last month in the Standard & Poor’s 500 index. Through July, nearly $28 billion has been pulled out.