Skip to Content
Commentary

Investors Didn't Flee All Equity Funds Last Month

Investors left U.S. equity funds last month and turned to bond and money market funds instead.

Mentioned:

Note: This is an excerpt from the Morningstar Direct U.S. Asset Flows Commentary for February 2020. Download the full report

The S&P 500 closed at an all-time high on Feb. 19, 2020, only to fall sharply as fears of the coronavirus gripped the global economy. The index lost 8.2% for the month. As evidence of investors' lack of enthusiasm for U.S. equities, these funds shed $17.5 billion amid the stock market's turmoil, with that group's actively managed funds suffering nearly $20 billion in redemptions.

To view this article, become a Morningstar Basic member.

Register for Free

Tony Thomas does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.