Fed Action Keeping Bond Funds Popular
The Federal Reserve's bond purchases are contributing to greater inflows into fixed-income funds, while demand for stock funds is near multiyear lows.
Christine Benz: Hi, I'm Christine Benz for Morningstar. Since late 2008, assets in bond funds have jumped up by nearly $1 trillion and there is no end in sight. Joining me to discuss the latest trends in mutual fund inflows and outflows is Kevin McDevitt. He is a senior analyst with Morningstar. Kevin, thank you so much for being here.
Kevin McDevitt: Thanks for having me, Christine.
Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.