Bonds Still Lead Fund Flows in August

The Corporate Bond objective led the net inflow category with $19.7 billion, followed by the Tax-Free Bond objective with $6 billion. International/Global Equity took in $5.7 billion, while International/Global Fixed Income took in $4.7 billion.   

Domestic equities were the big losers, posting a $19.2 billion outflow in August, FRC data showed.  

PIMCO Total Return Fund attracted $5.2 billion to lead the fund sales chart, followed distantly by the Vanguard Total Stock Index Fund, which had $2.3 billion in inflows for the month.  

The iShares MSCI Emerging Market Fund ($1.8 billion), Vanguard Emerging Market Stock Index; ETF ($1.7 billion), and Templeton Global Bond Fund ($1.4 billion) rounded out the top five.