Closed-End Fund Assets, Fourth Quarter 2006Washington, DC, February 23, 2007 - The combined assets of the nation's closed-end funds were $298.32 billion at year-end 2006, ICI reported today in a quarterly statistical collection of closed-end funds. Total closed-end fund assets increased $11.24 billion during the fourth quarter. Equity fund assets increased by $10.29 billion to $121.29 billion, and bond fund assets increased by $951 million to $176.56 billion. ICI's data collection also includes the value of new proceeds invested in closed-end funds and the total number of funds. For the quarter, proceeds to closed-end funds were $7.00 billion, compared with $1.02 billion in the third quarter. There were 646 closed-end funds at the end of the quarter. Bond funds numbered 444, and equity funds totaled 202. There were 633 closed-end funds at year-end 2005.
|
|
|
|
|
|
Assets of Closed-End Funds by Type, End of Period
(millions of dollars)
|
| |
4Q 2006 |
3Q 2006 |
2005 |
2004 |
Total Equity |
121,762 |
111,475R |
105,563R |
82,326R |
| |
Domestic |
87,057 |
78,969R |
77,099R |
63,761R |
| |
Global |
34,705 |
32,506R |
28,464 |
18,565 |
Total Bond |
176,562 |
175,611R |
170,767R |
171,969R |
|
Domestic Taxable |
67,879 |
67,385R |
63,456R |
64,230R |
|
Domestic Municipal |
94,852 |
94,525R |
94,606 |
94,884 |
|
Global |
13,831 |
13,701 |
12,705 |
12,855 |
All |
298,324 |
287,086R |
276,330 |
254,295 |
|
