Bonds, Large Blend Top the '07 Charts

In terms of net flows in 2007, Vanguard had $76 billion while American had $75 billion; Fidelity had $4.3 billion. American experienced a similar level of net inflows in 2006 ($74 billion), but Vanguard had about $43 billion during that period and Fidelity had $16 billion. Barclays’ net inflows were $59 billion in 2007 and $49 billion in 2006.

Specific funds that attracted the most net inflows in 2007 include the SPDR Trust with $30.75 billion, Dodge and Cox International Stock Fund with $18.44 billion and the American Funds Capital Income Builder with $17.53 billion. Both the Dodge & Cox and American Funds products had net inflows in 2006 of about $12.5 billion, while the SPDR Trust had net outflows of $1.1 billion. Other American Funds that were popular last year were American Funds Capital World Growth and Income ($15.63 billion of inflows), American Funds Growth Fund of America ($14.78 billion) and the American Bond Fund ($7.3 billion).

Including ETFs but not money-market funds, the largest 25 fund groups in the industry had an estimated $8.4 trillion in assets at the end of 2007 vs. $7.4 trillion at the end of 2006. The total inflows for the top 25 fund groups were about $376 billion last year, FRC data shows, up from $299 billion in 2005.

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Janet Levaux is the managing editor of Research; reach her at [email protected].