US funds collected $55 billion in September, which is around their average monthly take rate in 2024. Enthusiasm for equity funds remained weak, with minor inflows into US and international-equity funds and outflows from sector funds. Healthy inflows to the fixed-income and alternative category groups carried the month.
The charts below illustrate which direction the money is flowing for a variety of fund types. For a more complete analysis, download the full monthly report from Morningstar’s Adam Sabban and Ryan Jackson.
This data was sourced from Morningstar Direct. Not a user? Get a free trial of Direct.