Morningstar Reports U.S. Mutual Fund Asset Flows Through October 2012

    Morningstar Reports U.S. Mutual Fund Asset Flows Through October 2012

PR Newswire

CHICAGO, Nov. 14, 2012

CHICAGO, Nov. 14, 2012 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a
leading provider of independent investment research, today reported estimated
U.S. mutual fund asset flows through October 2012. Investors added $27.7
billion to long-term open-end funds during the month. Taxable-bond funds led
the way with inflows of $29.6 billion, while U.S.-stock funds saw outflows of
$8.3 billion.

Additional highlights from Morningstar's report on mutual fund flows:

  oInvestors continue to seek out higher-risk segments of the bond market.
    The multi-sector bond, bank loan, emerging-markets bond, nontraditional
    bond, world bond, and high-yield bond categories each saw inflows of more
    than $1.0 billion.
  oPIMCO topped all firms with inflows of $8.1 billion in October, led by
    PIMCO Total Return Bond which took in $2.4 billion alone.
  oDoubleLine Total Return took in $1.9 billion during the month and $17.9
    billion year to date, making it the most popular mutual fund so far this
    year. 
  oAlternative funds have had the fastest organic growth rate of any asset
    class in 2012, collecting $12.4 billion in year-to-date inflows.

To view the complete report, please visit
http://www.global.morningstar.com/octflows12. To view a video recapping
October's U.S. asset flow trends, please visit http://bit.ly/octfundflows. For
more information about Morningstar Asset Flows, please visit
http://global.morningstar.com/assetflows.

The information contained herein: (1) is proprietary to Morningstar and/or its
content providers; (2) may not be copied or distributed; and (3) is not
warranted to be accurate, complete, or timely. Neither Morningstar nor its
content providers are responsible for any damages or losses arising from any
use of this information. Past performance is no guarantee of future results.

About Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in
North America, Europe, Australia, and Asia. The company offers an extensive
line of products and services for individuals, financial advisors, and
institutions. Morningstar provides data on more than 385,000 investment
offerings, including stocks, mutual funds, and similar vehicles, along with
real-time global market data on more than 8 million equities, indexes,
futures, options, commodities, and precious metals, in addition to foreign
exchange and Treasury markets. Morningstar also offers investment management
services through its registered investment advisor subsidiaries and has
approximately $195 billion in assets under advisement and management as of
Sept. 30, 2012. The company has operations in 27 countries.

©2012 Morningstar, Inc. All Rights Reserved.

MORN-R

Media Contact:
Carling Spelhaug, 312-696-6150 or carling.spelhaug@morningstar.com

SOURCE Morningstar, Inc.
 
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