Oct. 1, 2002 — The top-selling fund in August was PIMCO Funds:Total Return Fund/A (PTTAX), which took in $1 billion, according to Financial Research Corp. It was followed by Vanguard GNMA (VFIIX) ($906 million), and American Balanced Fund/A (ABALX) ($574 million).
Investors poured $3.2 billion into American Funds, making it the top-selling fund complex in August. Trailing was Vanguard Group, which took in $2.6 billion. Nations Funds attracted $1.82 billion to take third place, edging out PIMCO funds, which netted $1.79 billion.