10 Largest Mutual Funds by AUM

We haven't covered mutual funds for quite some so I thought it was quite appropriate for this holiday weekend that this was the topic of this latest issue of U.S. News Invested.  Continue enjoying the long weekend.  

NOVEMBER 22, 2023 Invested Advice, rankings and stock market news for investors.

Good morning, investors. Markets fall as retail earnings fail to impress. Editor's note: Due to the holiday, Invested will return on Monday, Nov. 27. Highlights of today's newsletter include our market insights plus these new articles: 10 Largest Mutual Funds by AUM 7 Dividend Stocks Paying 5% and Above 10 Best Growth Stocks to Buy 7 Best Money Market Funds for 2024 TODAY'S FEATURED STORY 10 Largest Mutual Funds by AUM Many investors focus on total returns when comparing one fund against another. While it's good to know how much your money can grow, the size of the fund can also impact your total returns. This list of the largest mutual funds is based on Fidelity's Mutual Fund Research screener, which lists mutual funds from the highest AUM to the lowest. These are the 10 largest mutual funds based on AUM as of Oct. 31: Vanguard Total Stock Market Index Fund Admiral Sales (ticker: VTSAX). VTSAX gives investors exposure to 3,793 stocks with an emphasis on technology. The fund has a $3,000 investment minimum and uses the CRSP U.S. Total Market Index as a benchmark. Its trailing-12-month yield is 1.6%. AUM: $1.3 trillion Vanguard 500 Index Fund Admiral Shares (VFIAX). This large blend fund has a $3,000 minimum investment and is also available as an ETF. The fund uses the S&P 500 as its benchmark and puts most of its assets into the information technology sector. AUM: $851.2 billion Click here to continue reading.   MUTUAL FUND ASSETS UNDER MANAGEMENT EXPENSE RATIO Vanguard Total Stock Market Index Fund Admiral Sales (ticker: VTSAX) $1.3 trillion 0.04% Vanguard 500 Index Fund Admiral Shares (VFIAX) $851.2 billion 0.04% Fidelity 500 Index Fund (FXAIX) $407.6 billion 0.015% Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) $354.4 billion 0.11% Fidelity Government Money Market Fund (SPAXX) $290 billion 0.42% Fidelity Government Money Market Fund Premium Class (FZCXX) $290 billion 0.32% Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) $287.5 billion 0.05% Fidelity Government Cash Reserves (FDRXX) $223.5 billion 0.4% American Funds The Growth Fund of America Class A (AGTHX) $214.3 billion 0.63% American Funds The Growth Fund of America Class C (GFACX) $214.3 billion 1.39%