MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, September 30, 2009 Bond Funds Still Dominate Flows Even as Markets Rally Even though the stock market has turned around, most mutual fund investors are pouring their money into bond funds, not stock ones. Bloomberg's Charles Stein and Christopher Condon report that, according to Morningstar, $209.1 billion net flowed into fixed income mutual funds in 2009, through the end of August, compared to only $15.2 billion into equity funds. Of those inflows, Pimco grabbed $45.3 billion and Vanguard grabbed $65.6 billion. American Funds, meanwhile, saw $17.4 billion net walk out the door. Printed from: MFWire.com/story.asp?s=22798 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |