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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Morningstar Reports U.S. Mutual Fund Asset Flows For November 2013





CHICAGO, Dec. 16, 2013 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund asset flows for November 2013. Long-term mutual funds attracted inflows of $14.5 billion during the month to bring year-to-date inflows to $258.8 billion, a pace that should make 2013 the strongest for yearly inflows since 2009. Robust inflows combined with equity-market appreciation have pushed mutual fund assets to a record $10.8 trillion, up 30 percent since the peak seen in October 2008 prior to the financial crisis. Morningstar estimates net flow by computing the change in assets not explained by the performance of the fund. Click here for a full explanation of Morningstar's methodology.

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

  • International-equity funds had the most inflows by category group, collecting $15.6 billion in November to reach $132.2 billion for the year to date. Foreign large blend led all international-equity categories in year-to-date flows, followed by diversified emerging markets.
  • Overall, equity funds took in $198.0 billion through November and are on track for their strongest year since 2000. U.S.-equity funds, which attracted new assets of $42.4 billion so far in 2013, are poised for their first year of inflows since 2006. While passive funds accounted for most of these U.S.-equity-fund inflows, outflows from active U.S.-equity funds have moderated.
  • Alternative mutual funds saw record inflows of $37.1 billion for the year to date, a 41 percent organic growth rate. The category group had inflows virtually every month over the past five years, but assets in the group make up just 1.2 percent of long-term mutual fund assets. Eight funds in the alternative category group had year-to-date inflows of more than $1.0 billion.
  • Bank loan led all taxable-bond categories in year-to-date inflows, followed by nontraditional bond; intermediate-term bond and government bond experienced the largest outflows.
  • With inflows of $65.3 billion through November and 25 percent of industry inflows, Vanguard is set to top all mutual fund providers for the third year in a row. Vanguard has been first or second in terms of annual inflows by provider since 1994. DFA, behind strong inflows for its international-equity and taxable-bond offerings, is second in year-to-date inflows with $21.0 billion, its strongest year on record.  

To view the complete report, please visit http://www.global.morningstar.com/novflows13. To view a video recapping November's U.S. asset flow trends, please visit http://bit.ly/nov2013flows. 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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,107.33 +55.60 0.33%
S&P 500 1,982.20 +8.57 0.43%
NASDAQ 4,452.0790 +27.3750 0.62%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs