What are the most popular mutual funds?


Quick Answer

Measuring fund popularity by the total number of assets under management, the three most popular mutual funds, as of 2012, were the Pimco Total Return Fund, ticker symbol PTTAX; Vanguard Total Stock Market Index Fund, ticker symbol VTSMX; and American Funds Growth Fund of America, ticker symbol AGTHX, according to Forbes. PTTAX managed $263 billion in assets, while VTSMX and AGTHX managed $190 billion and $115 billion in assets, respectively.

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Full Answer

The Vanguard 500 Index Investor Fund, ticker symbol VFINX, and Vanguard Total Bond Market Index Fund, ticker symbol VBMFX, were also among the five largest mutual funds in terms of the value of assets under management, reports Forbes. VFINX and VBMFX each managed around $111 billion in assets. Mutual funds remaining in the top 10 included American Funds EuroPacific Growth, ticker symbol AEPGX; Fidelity Contrafund, ticker symbol FCNTX; and American Funds Capital Income Builder, ticker symbol CAIBX, as well as American Funds Income Fund of America, ticker symbol AMECX, and Vanguard Total International Stock Index, ticker symbol VGTSX.

"Assets under management" measures the success of a mutual fund in comparison to its competition by calculating the growth or decline of a fund due to both capital appreciation or losses and new money inflow and outflow, explains Investopedia. New money inflow is a measure of the number and value of new shares purchases.

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