Long-term US fund flows notched their seventh straight month of inflows in November, collectively raking in a net $80 billion. In a volatile month, investors appeared affected by rate-cutting expectations, as well as uncertainty around the artificial intelligence stock trade.
Consistent with the past several months, flows favored taxable bonds, especially lower-risk areas within it, as well as international stocks over US equities. That said, US equity funds broke a six-month streak of outflows, tech sector funds posted their first outflow since April, and crypto assets lost some allure.
The charts below illustrate which direction the money is flowing for a variety of fund types. For a more complete analysis, download the full monthly report.
This data was sourced from Morningstar Direct. Not a user? Get a free trial of Direct.
