10. Franklin Templeton: $354 billion in assets from 156 funds in 559 share classes (Photo: Shutterstock)
9. Pimco: $378 billion in assets from 114 funds in 389 share classes (Photo: David Paul Morris/Bloomberg)
8. Dimensional Fund Advisors: $424 billion in assets from 108 funds in 113 share classes
7. Invesco: $540 billion in assets from 424 funds in 1,233 share classes
6. T. Rowe Price: $634 billion in assets from 157 funds in 357 share classes
5. State Street Global Advisors/SPDR: $667 billion in assets from 186 funds in 221 share classes (Photo: Bloomberg)
4. American Funds: $1.660 trillion in assets from 74 funds in 864 share classes
3. Fidelity: $1.664 trillion in assets from 457 funds in 1,230 share classes (Photo: Shutterstock)
2. BlackRock/iShares: $1.857 trillion in assets from 497 funds in 929 share classes (Photo: Shutterstock)
1. Vanguard: $4.895 trillion in assets from 183 funds in 390 share classes (Photo: Shutterstock)
Morningstar has published its latest Fund Family 150 Report on the largest U.S. fund families. The report, published twice a year, bases its market share data on assets in U.S. open-end funds and ETFs, the firm said.
“Of the 777 fund families in the U.S., these fund families account for 99% of the $19.3 trillion invested in U.S. funds and ETFs,” it said.
Check out the slideshow above to see the full list of the top 10 largest U.S. fund families, as of June 30, according to Morningstar.
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