Fact of the Day: Twice As Many Funds As Stocks

By admin | May 28, 2008

Submitted by CARPE DIEM

Total Number of publicly traded U.S. companies on the NYSE (2,764), NASDAQ (3,200) and AMEX (883): 6,847

Number of U.S. equity mutual funds: 12,833

Number of U.S. hybrid funds: 1,340

Total number of mutual funds holding equities: 14,173

Ratio of mutual funds with equity holdings to publicly traded companies: 2 to 1

Bottom Line: There are about twice as many mutual funds that hold stocks as indvidual stocks.

Source for Fund Info: 2008 Investment Company Fact Book
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