CHICAGO, Sept. 16, 2020 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) flows for August 2020. Overall, long-term mutual funds and ETFs collected $41 billion in August, marking their fifth consecutive month of inflows. The deeper story is the continued split between U.S. equity and taxable-bond funds, as outflows from U.S. equity funds have accelerated during 2020 while taxable-bond funds continue to garner strong inflows.
Morningstar's report about U.S. fund flows for August 2020 is available here. Highlights from the report include:
To view the complete report, please click here.
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About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $205 billion in assets under advisement and management as of June 30, 2020. The Company has operations in 27 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on Twitter @MorningstarInc.
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SOURCE Morningstar, Inc.