Morningstar Reports U.S. Mutual Fund and ETF Fund Flows for August 2021

CHICAGO, Sept. 17, 2021 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) flows for August 2021. Long-term mutual funds and ETFs¹ saw inflows of $103 billion in August, higher than July's $71 billion intake but less than the record totals from earlier in the year.

Morningstar's report about U.S. fund flows for August 2021 is available here. Highlights from the report include:

• International-equity funds brought in $24 billion, their 10th consecutive month of inflows. They have gathered $193 billion for the year to date, the second-highest total of all U.S. category groups, and their intake surpassed that of U.S. equity and sector-equity funds so far this year.
• Sector-equity funds took in $5.5 billion as investors embraced certain value- and growth-oriented categories.
• Taxable- and municipal-bond funds continued to gain interest, attracting about $47 billion and $11 billion in August, respectively.
• Firms with expansive passive investment lineups, such as Vanguard and iShares, gathered the most assets among fund families, pulling in $24 billion and $19.8 billion, respectively.

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 individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $251 billion in assets under advisement and management as of June 30, 2021. The Company has operations in 29 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on Twitter @MorningstarInc.

Morningstar's Manager Research Group consists of various wholly owned subsidiaries of Morningstar, Inc. including, but not limited to, Morningstar Research Services LLC. This press release is for informational purposes only; references to securities or a separately managed account investment strategy in this press release should not be considered an offer or solicitation to buy or sell the securities or to invest in accordance with that strategy.

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¹ The study excludes money market funds and funds of funds.

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SOURCE Morningstar, Inc.

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