2022 ICI Research and Statistical Publications

ICI is the primary source of analysis and statistical information on the investment company industry. In addition to the annual Investment Company Fact Book, the Institute’s Research Department released more than 300 papers, ICI Viewpoints posts, and statistical reports in 2022.

The Investment Company Fact Book remains one of ICI Research’s most visible products. In its 63rd edition, this ICI publication continues to provide the public and policymakers with a comprehensive summary of ICI’s data and analysis.

Papers

Industry and Financial Analysis

• “Ongoing Charges for UCITS in the European Union, 2021”, ICI Research Perspective, October 2022
• “The Closed-End Fund Market, 2021”, ICI Research Perspective, May 2022
• “Trends in the Expenses and Fees of Funds, 2021”, ICI Research Perspective, March 2022

Retirement and Investor Research

• “401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 2020,” ICI Research Perspective, November 2022
• “Characteristics of Mutual Fund Investors, 2022,” ICI Research Perspective, October 2022
• “Ownership of Mutual Funds and Shareholder Sentiment, 2022,” ICI Research Perspective, October 2022
• “What Does Consistent Participation in 401(k) Plans Generate? Changes in 401(k) Plan Account Balances, 2010–2019,” ICI Research Perspective, June 2022
• “The Economics of Providing 401(k) Plans: Services, Fees, and Expenses, 2021,” ICI Research Perspective, June2022
• “401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 2019,” ICI Research Perspective, May 2022
• What US Households Consider When They Select Mutual Funds, 2021,” ICI Research Perspective, April 2022
• “The Role of IRAs in US Households’ Saving for Retirement, 2021,” ICI Research Perspective, January 2022
• “Defined Contribution Plan Participants’ Activities, First Three Quarters of 2022,” ICI Research Report, November 2022
• “Profile of Mutual Fund Shareholders, 2022,” ICI Research Report, November 2022
• The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at 401(k) Plans, 2019, September 2022
• “Defined Contribution Plan Participants’ Activities, First Half 2022,” ICI Research Report, September 2022
• “Ten Important Facts About 401(k) Plans,” August 2022
• “Ten Important Facts About IRAs,” July 2022
• “Ten Important Facts About Roth IRAs,” July 2022
• “Defined Contribution Plan Participants’ Activities, First Quarter 2022,” ICI Research Report, June 2022
• “Defined Contribution Plan Participants’ Activities, 2021,” ICI Research Report,  April 2022
• The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at ERISA 403(b) Plans, 2018,  March 2022
• “Defined Contribution Plan Participants’ Activities, First Three Quarters of 2021,” ICI Research Report, February 2022
• “American Views on Defined Contribution Plan Saving, 2021,” ICI Research Report,  February 2022

ICI’s papers and more are available at www.ici.org/research.

Analysis and Commentary: ICI Viewpoints

In addition to research papers, ICI staff produce analysis and commentary for the Institute’s blog, ICI Viewpoints. Below are some examples of recent analysis by ICI staff, including a series of posts detailing the experiences of bond funds during the COVID-19 pandemic. Please visit www.ici.org/viewpoints to find these and more.

• Common Sense Doesn’t Support Common Ownership Hypothesis
• Bond Mutual Funds’ Role in the Fixed-Income Markets During March 2020, ICI Viewpoints series
• ICI Bond Mutual Fund Survey Brings Facts to the Debate
• Setting the Record Straight on Bond Mutual Funds’ Sales of Treasuries
• Policymakers Say Bond Mutual Funds Contributed Significantly to Treasury Market Stress but…
• Policymakers Need to Focus on Economic Fundamentals and Not Blame Bond Mutual Funds: Examining the Evidence of Investment Grade Corporate Bond Yield Spreads in March 2020
• Core Bond Mutual Funds Had Little Impact on the Investment Grade Corporate Bond Market
• Americans’ Financial Response to COVID
• Navigating Through Financial Storms: American Savers’ Handling of Retirement Planning Through COVID
• Running 401(k)
• IRA Investors Are Concentrated in Lower-Cost Mutual Funds

Statistical Releases

Trends in Mutual Fund Investing

Monthly report that includes mutual fund sales, redemptions, assets, cash positions, exchange activity, and portfolio transactions for the period by 42 investment objectives.

Estimated Long-Term Mutual Fund Flows

Weekly report that provides aggregate estimates of net new cash flows to 16 categories of equity, hybrid, and bond mutual funds.

Estimated Exchange-Traded Fund (ETF) Net Issuance

Weekly report that provides aggregate estimates of net issuance to six categories of ETFs.

Combined Estimated Long-Term Mutual Fund Flows and ETF Net Issuance

Weekly news release and report that provides aggregate estimates of net new cash flows and net issuance to six categories of long-term mutual funds and ETFs.

Money Market Fund Assets

Weekly report on money market fund assets by type of fund.

Monthly Taxable Money Market Fund Portfolio Data

Monthly report based on data contained in SEC Form N-MFP that provides insights into the aggregated holdings of prime and government money market funds and the nature and maturity of security holdings and repurchase agreements.

Retirement Market Data

Quarterly report that includes individual retirement account (IRA) and defined contribution (DC) plan assets, mutual fund assets inside retirement accounts, and estimates of mutual fund net new cash flows to retirement accounts by type of fund.

Mutual Fund Distributions

Quarterly report that includes paid and reinvested capital gains and paid and reinvested income dividends of mutual funds by broad investment classification.

Institutional Mutual Fund Shareholder Data

Annual report that includes mutual fund asset information for various types of institutional shareholders, broken out by broad investment classification.

Closed-End Fund Data

Quarterly report that includes closed-end fund assets, number of funds, issuance, redemptions, distributions, use of leverage, and number of shareholders by investment objective.

Exchange-Traded Fund Data

Monthly report that includes assets, number of funds, issuance, and redemptions of ETFs by investment objective.

Unit Investment Trust Data

Monthly report that includes the value and number of new trust deposits by type and maturity.

Worldwide Regulated Open-End Fund Data

Quarterly report that includes assets, number of funds, and net sales by broad investment classification of funds in 46 jurisdictions worldwide. 

These and other ICI statistics are available at www.ici.org/research/stats. To subscribe to ICI’s statistical releases, visit www.ici.org/pdf/stats_subs_order.pdf.