Investors Continue to Favor Taxable-Bond Funds
Taxable-bond funds led all groups in terms of flows in September, but interest in U.S. equity funds bounced back.
Taxable-bond funds led all groups in terms of flows in September, but interest in U.S. equity funds bounced back.
It appears 2018 will be the third consecutive year that taxable-bond funds receive the greatest inflows among Morningstar's eight U.S. category groups. Investors shoveled $20.9 billion into taxable-bond funds in September, nearing $189 billion during 2018. That's about half of 2017's $390 billion calendar year total, though it's nearing 2016's $196 billion total.