Who owns bond mutual funds?
Bond mutual funds have become an important way for U.S. households to invest in the bond market. Among households that owned mutual funds in 2009, about half owned at least one bond mutual fund. Like most mutual fund shareholders, bond mutual fund investors usually own more than one type of mutual fund: 88 percent of all bond mutual fund shareholders also own stock funds. Bond mutual funds are particularly popular with retirees and older Americans.
