US Mutual Funds Assets Increased 1.4% to $9.7 trillion in Sept.
|
Total Net Assets of U.S. Mutual Funds (billions of dollars) |
||||
| Mutual Funds |
Sept 06 |
Aug 06 |
% chg |
Dec 05 |
|
Stock Funds |
5,455.5 |
5,361.5 |
1.8 |
4,939.8 |
|
Hybrid Funds |
613.0 |
602.8 |
1.7 |
567.3 |
|
Bond Funds |
1,443.4 |
1,430.9 |
0.9 |
1,357.3 |
|
Money Market Funds |
2,210.3 |
2,189.5 |
0.9 |
2.040.5 |
|
Total |
9,722.2 |
9,584.7 |
1.4 |
8,904.8 |
| Source: Investment Company Institute, October 2006 | ||||
Stock funds posted an inflow of $6.47 billion in September, compared with an inflow of $5.06 billion in August. Among stock funds, world equity funds (US funds that invest primarily overseas) posted an inflow of $9.43 billion in September, vs. an inflow of $8.76 billion in August. Funds that invest primarily in the US had an outflow of $2.97 billion in September, vs. an outflow of $3.70 billion in August.
Bond funds had an inflow of $4.60 billion in September, compared with an inflow of $6.64 billion in August. Taxable bond funds had an inflow of $3.24 billion in September, vs. an inflow of $5.20 billion in August. Municipal bond funds had an inflow of $1.37 billion in September, compared with an inflow of $1.44 million in August.
Money market funds had an inflow of $15.47 billion in September, compared with an inflow of $42.87 billion in August. Funds offered primarily to institutions had an inflow of $10.29 billion. Funds offered primarily to individuals had an inflow of $5.18 billion.
|
Number of Mutual Funds in this Report |
|||
|
Sept 06 |
Aug 06 |
Sept 05 |
|
|
Stock Funds |
4,686 |
4,665 |
4,525 |
|
Hybrid Funds |
501 |
508 |
502 |
|
Taxable Bond Funds |
1,288 |
1,288 |
1,272 |
|
Municipal Bond Funds |
723 |
727 |
744 |
|
Taxable Money Market Funds |
576 |
579 |
607 |
|
Tax-free Money Market Funds |
271 |
273 |
281 |
|
Total |
8,045 |
8,040 |
7,931 |
