A Letter From ICI’s
Chief
Economist
ICI Research: Staff
and
Publications
SECTION ONE:
Overview of U.S.-Registered
Investment Companies
SECTION TWO:
Recent Mutual Fund
Trends
SECTION THREE:
Exchange-Traded Funds
SECTION FOUR:
Closed-End Funds
SECTION FIVE:
Mutual Fund Fees and
Expenses
SECTION SIX:
Mutual Fund Owners:
Who Are They and
Where Do They
Purchase Fund Shares?
SECTION SEVEN:
The Role of Mutual Funds
in Retirement and
Education Savings
DATA TABLES
APPENDIX A:
How Mutual Funds and
Investment Companies
Operate
This section provides data on all four types of U.S. investment companies as well as mutual funds registered outside the United States, and covers time periods dating as far back as 1940. Section 1: U.S. Mutual Fund Totals Section 2: Other U.S. Investment Companies Section 3: U.S. Long-Term Mutual Funds Section 4: U.S. Short-Term Mutual Funds Section 5: Institutional Investors in the U.S. Mutual Fund Industry |
ICI’s investment company data collection efforts began in 1944,
when investment
company leaders first formed a committee
to monitor industry progress and trends.
At that time, the collection included data
from 68 mutual funds managing nearly
$900 million in assets. Today, ICI’s collection draws data from approximately
15,300 mutual funds, closed-end funds, exchange-traded funds, and unit
investment trusts managing more than $9.5 trillion in assets.
The data include:
- 10 tables presenting a broad look at U.S. mutual funds, which constitute nearly 94 percent of total U.S. investment company assets;
- Five tables presenting a broad look at U.S. closed-end funds, exchange-traded funds, unit investment trusts, and funds that invest exclusively in other mutual funds;
- 25 tables examining U.S. long- and short-term mutual funds;
- Three tables examining institutional investors in U.S. mutual funds; and
- Two tables examining mutual funds registered outside the United States.
Section 1: U.S. Mutual Fund Totals
U.S. Mutual Fund Industry Total Net Assets, Number of Funds, Number of Share Classes, and Number of Shareholder Accounts |
 |
 |
|
U.S. Mutual Fund Industry Total Sales, New Sales, Exchange Sales, Redemptions, and Exchange Redemptions |
|
|
|
U.S. Mutual Fund Industry Total Net Assets |
|
|
|
U.S. Mutual Fund Industry Total Net Assets by Investment Classification |
|
|
|
U.S. Mutual Fund Industry Number of Funds |
|
|
|
U.S. Mutual Fund Industry Number of Funds by Investment Classification |
|
|
|
U.S. Mutual Fund Industry Number of Share Classes |
|
|
|
U.S. Mutual Fund Industry Number of Share Classes by Investment Classification |
|
|
|
U.S. Mutual Fund Industry Number of Shareholder Accounts |
|
|
|
U.S. Mutual Fund Industry Number of Shareholder Accounts by Investment Classification |
|
|
|
Section 2: Other U.S. Investment Companies
Closed-End Funds; Assets and Number of Funds by Type of Fund |
|
|
|
Exchange-Traded Funds; Assets, Net Issuance, and Number of Funds by Type of Fund |
|
|
|
Unit Investment Trusts; Assets and New Deposits by Type of Trust |
|
|
|
Funds of Funds; Total Net Assets, Net New Cash Flow, Number of Funds, and Number of Share Classes |
|
|
|
Funds of Funds; Components of Net New Cash Flow |
|
|
|
Section 3: U.S. Long-Term Mutual Funds
Liquid Assets and Liquidity Ratio of Long-Term Mutual Funds |
|
|
|
Liquidity Ratio of Long-Term Mutual Funds by Investment Classification |
|
|
|
Net New Cash Flow of Long-Term Mutual Funds |
|
|
|
Net New Cash Flow and Components of Net New Cash Flow of Equity Mutual Funds |
|
|
|
Net New Cash Flow and Components of Net New Cash Flow of Hybrid Mutual Funds |
|
|
|
Net New Cash Flow and Components of Net New Cash Flow of Bond Mutual Funds |
|
|
|
Net New Cash Flow of Long-Term Mutual Funds by Investment Classification |
|
|
|
New Sales of Long-Term Mutual Funds by Investment Classification |
|
|
|
Exchange Sales of Long-Term Mutual Funds by Investment Classification |
|
|
|
Redemptions of Long-Term Mutual Funds by Investment Classification |
|
|
|
Exchange Redemptions of Long-Term Mutual Funds by Investment Classification |
|
|
|
Annual Redemption Rates of Long-Term Mutual Funds |
|
|
|
Portfolio Holdings of Long-Term Mutual Funds and Share of Total Net Assets |
|
|
|
Portfolio Holdings of Long-Term Mutual Funds as a Share of Total Net Assets by Type of Fund |
|
|
|
Paid and Reinvested Dividends of Long-Term Mutual Funds by Type of Fund |
|
|
|
Paid and Reinvested Capital Gains of Long-Term Mutual Funds by Type of Fund |
|
|
|
Total Portfolio, Common Stock, and Other Securities Purchases, Sales, and Net Purchases by Long-Term Mutual Funds |
|
|
|
Total Portfolio, Common Stock, and Other Securities Purchases, Sales, and Net Purchases by Equity Mutual Funds |
|
|
|
Total Portfolio, Common Stock, and Other Securities Purchases, Sales, and Net Purchases by Hybrid Mutual Funds |
|
|
|
Total Portfolio, Common Stock, and Other Securities Purchases, Sales, and Net Purchases by Bond Mutual Funds |
|
|
|
Section 4: U.S. Short-Term Mutual Funds
Total Net Assets, Number of Funds, Number of Share Classes, and Number of Shareholder Accounts of Money Market Mutual Funds |
|
|
|
Total Net Assets, Net New Cash Flow, and Number of Shareholder Accounts of Money Market Mutual Funds by Type of Fund |
|
|
|
Net New Cash Flow and Components of Net New Cash Flow of Money Market Mutual Funds |
|
|
|
Paid and Reinvested Dividends of Money Market Mutual Funds by Type of Fund |
|
|
|
Asset Composition of Taxable Money Market Mutual Funds as a Percent of Total Net Assets |
|
|
|
Section 5: Institutional Investors in the U.S. Mutual Fund Industry
Assets of Mutual Funds Held in Individual and Institutional Accounts |
|
|
|
Assets of Institutional Investors in Mutual Funds by Type of Institution |
|
|
|
Assets of Institutional Investors in Taxable Money Market Mutual Funds by Type of Institution and Type of Fund |
|
|
|
Section 6: Worldwide Mutual Fund Totals
Worldwide Total Net Assets of Mutual Funds |
|
|
|
Worldwide Number of Mutual Funds |
|
|
|
