Re: Mutual Fund Outflows..........
A quick review of the 6/30/06 Semi-annual reports for VFINX and VTSMX show the net purchases/redemptions for each fund:
Investors shares:* $(3,822,180,000)
Admiral Shares: $1,756,984,000
Investors shares:* $3,310,291,000
Admiral Shares: $1,894,715,000
So, I guess it could be that investors getting rid of their VFINX in favor of VTSMX, like the article suggests.