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Rating:Morningstar Flow Rankings Show a Good Month for MFS Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 15, 2012

Morningstar Flow Rankings Show a Good Month for MFS

Reported by Ben Geier

Morningstar's May mutual fund flows data showed a big month for MFS [profile], launching the shop to the third spot on the table for the month despite sitting at seventh for the year.

This outperformance is based largely on a $1.3 billion influx of cash into MFS Value, though its sibling MFS Emerging Markets Debt also brought in a not-so-paltry $450 million.

American Funds [profile], on the other hand, saw its 35th straight month of outflows. The Growth Fund of America saw $3.1 million in outflows, with American Funds totaling 4.7 million in outflows. 

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