While U.S.-stock funds shed $214.9 billion overall during the last three years, the actively managed subset fared even worse, losing nearly 15% of their beginning assets. American Funds Growth Fund of America potentially skews the flow data for actively managed U.S.-stock funds, though, as outflows of about $58.9 billion the fund has experienced over the past three years represent 22% of all actively managed U.S.-stock outflows.
In contrast to the broad trend, J.P. Morgan's asset base has grown by 2.5 times in the past three years to $158.2 billion, due in no small part to the success of the firm's actively managed equity offerings. JPMorgan Large Cap Growth, JPMorgan Equity Income, and JPMorgan US Equity have collectively taken in $6.6 billion over the trailing 12 months.
PIMCO Total Return led all funds in April with inflows of $2.7 billion, the fund's strongest month since August 2010.
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