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How much of Fannie’s and Freddie’s debt was held by funds?

April 26, 2017debt Fannie Freddie funds held

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How much of Fannie’s and Freddie’s debt was held by funds?

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As of March 31, 2008 long-term mutual funds held about $370 billion in debt and mortgage pools issued by Fannie and Freddie, according to Morningstar data. Exchange-traded funds, closed-end funds, and unit investment trusts had additional, but much smaller, holdings.