Strategy changes, poor stewardship, and asset bloat are among the many possible red flags that shareholders of actively managed funds should recognize to know whether to sell or stay invested.
A sizable chunk of those assets went into bond funds, reflecting an ongoing search for yield.
After U.S. mutual funds registered outflows in May, $13.5 billion came back in June.
Investors pour $6.3 billion into stock mutual funds in April--the largest inflow since May 2009.
The debate over whether firms should use cash surpluses on dividends or share repurchases pits long-term investors against short-term investors.
The firm takes meaningful steps to remake itself after painful divorce from a star manager.
Lawsuit evidence shows some portfolio counselors voiced concerns in a 2004 internal survey, but the funds' strong performance is hard to fault.
A roundup of investment news from Morningstar Advisor magazine.
Even though credit worries in Europe dominated the headlines, investors took out their frustrations on U.S. stock funds.
After a brutal 2008 in which shareholders dumped funds en masse, inflows predominated in 2009.