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Bond Funds and Vanguard Keep Taking in Cash

edited February 2020 in The Bullpen
https://www.morningstar.com/articles/967406/bond-funds-and-vanguard-keep-taking-in-cash

Bond Funds and Vanguard Keep Taking in Cash
Investors continued to flock to fixed-income funds last month.


Tony Thomas, Ph.D., Nick Watson

Mentioned: Vanguard 500 Index Admiral (VFIAX), Vanguard Total Bond Market Index Adm (VBTLX)
Note: This is an excerpt from the Morningstar Direct U.S. Asset Flows Commentary for February 2020. Download the full report.

Fixed-income funds continued to take in assets in January 2020, building upon a record 2019. Taxable-bond funds collected a record $63.6 billion for the month, surpassing the old record of $59.5 billion set the month before. Taxable-bond flows accounted for nearly 77% of the $82.8 billion that entered long-term funds in the period. Records fell for municipal-bond funds, too, as investors continued to hunt for sources of tax-free income.



Guess we keep adding to bonds and portfolios
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