Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for Full-Year and December 2017

CHICAGO, Jan. 23, 2018

Morningstar's report about U.S. asset flows for the full-year and December 2017 is available here. Highlights from the report include:

• Overall, open-end mutual funds and ETFs received a record influx of money in 2017: $685.9 billion. Taxable bond was the leading category group for the year with $388.8 billion in flows overall. The trend was the same for December 2017; taxable bonds saw $26.1 billion in overall flows last month.
• The two Morningstar Categories with the highest inflows in December remained the same: intermediate-term bond and foreign large blend. Large blend landed third on the top-flowing list despite $3.9 billion in outflows on the active side. The two Categories with the largest outflows were large growth and high-yield bond.
• Among top U.S. fund families in December, PIMCO and Dimensional Fund Advisors were the leaders in active flows with $3.0 billion and $1.7 billion, respectively. Franklin Templeton and Fidelity continued to sustain outflows from their active funds as they did in November. On the passive front, Vanguard was the top fund family, with inflows of $22.2 billion, followed by BlackRock/iShares with inflows of $9.0 billion.
• The active fund with the highest inflow in 2017 was PIMCO Income, which has a Morningstar Analyst Rating™ of Silver, at $31.2 billion in new flows for the year and $2.3 billion for the month of December. Gold-rated Oakmark International was the top beneficiary of the sustained international-equity flows in 2017.
• The active fund with the largest outflow in 2017 was Bronze-rated Harbor International. BlackRock Global Allocation followed on the bottom-flowing list for full-year flows.

To view the complete report, please click here.

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