Offerings from American Funds, Fidelity Investments and The Vanguard Group Inc. had the biggest net outflows last year, according to Morningstar Inc.
Pioneer High Income Municipal Fund was last year's best performer among peers because it held revenue bonds from non-government issuers such as airports and hospitals, which were sheltered from the default speculation that buffeted states and cities.
American Funds No. 1, but some surprises on the list as well
Doom-and-gloom bunch miss out on large-cap rally; S&P 500 up nearly 10% in 2010
They bought stocks. Lots of stocks. And they don't plan on letting up anytime soon.
Securitized bonds tied to home loans once again generating healthy returns; supply will shrink dramatically in 2011
Paul McCulley headed to global think tank; replacements not yet named
TD Ameritrade Inc. announced today that it will offer new-issue municipal bonds both to its discount clients and the investment advisers who hold assets in custody at the firm.
Demand for shares in social networking giant is giving rise to new type of investment asset; 'secondary transactions'
With investors finally returning to the stock market, the last thing financial advisers and fund managers need right now is an industry scandal. But according to reports, that may be exactly what they're facing.
FBI searches offices of Level Global Investors and Diamondback Capital Management; government 'needs to use force'
Hedged strategies specialist benefiting from rise in number of mergers and acquisitions
Says investors not getting paid enough premium to invest in high-yield debt; 'equity is very cheap'
Fund giant launching new offerings in bid to to diversify, reposition firm; 'caught short-suited'
Financial advisers are using the unexpected jump in interest rates to persuade clients that it's time to get out of long-term bonds.
The long-awaited events of last week included the mid-term elections and Federal Reserve (Fed) announcing the details of another stimulus program
S&P is positive on VGK because the security has above-average yield of 3.75% and its holdings are made up of what S&P considers attractive companies that historically have strong cash flows to support dividend growth
Shrinking gap between Treasuries and corporate debt 'sign of credit market recovery'
Bond giant expects little impact from the Fed's quantitative easing; says sovereign debt a better bet
With growing concerns about an increase in defaults among state and city governments, money managers are ratcheting up their efforts to reduce the levels of risk in their municipal bond portfolios.
