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M*: U.S. Asset Flows Update February 2015

FYI: On the active side, flows were fairly balanced last month. Except for the recurring outflow from
the U.S. equity Morningstar category group, all other category groups had positive estimated
flows, with municipal-bond funds and sector-equity funds in the lead. On a trailing one-year
basis, U.S. equity funds registered a significant outflow, as did taxable-bond funds, although to
a lesser extent. International-equity and allocation funds received the largest inflows.
Regards,
Ted
http://corporate.morningstar.com/US/documents/PR/FebAssetFlows2015.pdf

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