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Commentary

Investors Shy Away from Equities, Embrace Bonds in August

Large growth, large value, and high yield weren't among the cool kids in August.

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Taxable bond remained the leading category group in August with $27.5 billion in flows overall.

Unlike in June and July, however, active taxable-bond flows surpassed passive ones: $14.1 billion versus $13.3 billion.

Alina Lamy does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.