Fact of the Day: Twice As Many Funds As Stocks
Total Number of publicly traded U.S. companies on the NYSE (2,764), NASDAQ (3,200) and AMEX (883): 6,847
Number of U.S. equity mutual funds: 12,833
Number of U.S. hybrid funds: 1,340
Total number of mutual funds holding equities: 14,173
Ratio of mutual funds with equity holdings to publicly traded companies: 2 to 1
Bottom Line: There are about twice as many mutual funds that hold stocks as indvidual stocks.
Source for Fund Info: 2008 Investment Company Fact Book