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

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:

• Investors 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.
• PIMCO topped all firms with inflows of $8.1 billion in October, led by PIMCO Total Return Bond which took in $2.4 billion alone.
• DoubleLine 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.  
• Alternative 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.