Investors added $27.7 billion to long-term open-end funds in October, according to data from Morningstar. Taxable-bond funds led the way with inflows of $29.6 billion, while U.S.-stock funds saw outflows of $8.3 billion.

PIMCO topped all firms with inflows of $8.1 billion in October, led by PIMCO Total Return Bond which took in $2.4 billion alone. And the DoubleLine Total Return fund took in $1.9 billion during the month and $17.9 billion year to date, making it the most popular mutual fund so far this year, according to Morningstar.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.