This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Morningstar Reports U.S. Mutual Fund Asset Flows Through May 2012

CHICAGO, June 15, 2012 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund asset flows through May 2012. Long-term mutual funds recorded their smallest monthly intake year to date, with $14.1 billion in new assets. Among the broad asset classes, taxable-bond funds showed the greatest decline from April inflows of $16.9 billion to $7.7 billion in May, and U.S-stock funds saw their 13th consecutive month of outflows.



Additional highlights from Morningstar's report on mutual fund flows:

  • Although actively managed stock funds—both U.S. and international—have suffered outflows of more than $172.3 billion over the past 12 months, a subset of these, dividend-focused equity-income funds, have bucked the trend and seen inflows of $21.7 billion over the same period.
  • After five straight months of strong inflows, high-yield bond funds saw net outflows of $1.2 billion in May as prices fell, but the magnitude of money leaving open-end funds was relatively small compared with past pullbacks.
  • Vanguard, led by inflows to its index funds, and JPMorgan had the greatest provider-level inflows during the month. However, MFS was a close third, fueled by inflows of $1.3 billion for MFS Value. American Funds notched its 35th consecutive month of outflows.
  • Although money market funds reversed four straight months of outflows, inflows were a negligible $1.4 billion in May.




To view the complete report, please visit http://www.global.morningstar.com/mayflows12. To view a video recapping May's U.S. fund flow trends, please visit http://bit.ly/mayflows. For more information about Morningstar Asset Flows, please visit http://global.morningstar.com/assetflows

The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,072.03 +47.97 0.27%
S&P 500 2,114.32 +6.03 0.29%
NASDAQ 5,016.7610 +11.37 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs