Morningstar Reports U.S. Mutual Fund and Exchange-Traded Fund Flows for April 2021

Morningstar, Inc. has reported estimated U.S. mutual fund and exchange-traded fund (ETF) flows for April 2021. For the month, long-term mutual funds and exchange-traded funds collected $124 billion in April, down from a record $156 billion in March. Investors continued to favor passively managed strategies, pouring in $94 billion; approximately…