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Mutual Funds With Largest Inflows/Outflows

Observant1
edited January 7 in Fund Discussions
Actively managed funds with the largest inflows/outflows through November 2023 are listed below.
Data from Morningstar Fund Investor (Jan. 2024).

Largest Inflows
JPMorgan Large Cap Growth (OLGAX) $20.0B
Pimco Income (PONAX) $14.0B
JPMorgan Core Bond (PGBOX) $8.2B
Dodge & Cox Income (DODIX) $7.3B
Baird Aggregate Bond (BAGIX) $5.7B
American Funds Bond Fund of America (BFAFX) $5.7B
T. Rowe Price U.S. Large-Cap Core (TRULX) $4.9B
Goldman Sachs GQG Partners International Opportunities (GSIHX) $4.6B
MFS International Equity (MIEJX) $4.5B

Largest Outflows
T. Rowe Price Blue Chip Growth (TRBCX) $16.3B
American Funds Growth Fund of America (AGTHX) $15.0B
T. Rowe Price Growth Stock (PRGFX) $10.7B
American Funds EuroPacific Growth (AEPGX) $9.5B
Metropolitan West Total Return Bond (MWTRX) $9.3B
Fidelity Contrafund (FCNTX) $8.3B
Vanguard Wellington (VWENX) $7.4B
Lord Abbett Short Duration Income (LALDX) $7.2B
Vanguard Short-Term Investment-Grade (VFSUX) $6.9B
Strategic Advisers Large Cap(FALCX) $6.8B

Comments

  • hank
    edited January 8
    Thanks @Observant!

    Hard to make sense of. But it appears that more traditional income funds (2) might be becoming more attractive to investors. There are 3 income funds on the list that suffered outflows. But 2 of them are of shorter duration.

    Moneyflows / Money flows. As it goes.
  • Sven
    edited January 8
    If I read the bond data properly, it appears investors are moving away from short term bonds toward core bonds which are intermediate duration. Falling yields now increase bond prices, and further appreciation is expecting when FED cut rates in later2024. Pimco Income is a multi-sector bond that benefited from high yield, mortgage backed securities and good bond picking. Stock funds are less obvious in my opinion.
  • ProtonAnalyst33
    OLGAX as #1 is perplexing. Is there a chance this is in a number of JPM target date funds or other allocation funds that accounted for much of the flows?
  • Sven
    It is possible, but the expense ratio is high; A share is at 0.94%.
  • Derf
    Any chance to see this in % instead of $ against AUM ?
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