Largest providers of target-date funds
Bigstock
Total AUM: $43.6Market share: 2.5%Mutual fund assets: $43.6CIT assets: --
SSGA President and CEO Ronald P. O'Hanley/Bloomberg
Total AUM: $44.2Market share: 2.6%Mutual fund assets: $4.4CIT assets: $39.8
Bloomberg
Principal Financial Group headquarters in Des Moines, Iowa
Bloomberg
Capital Group Chairman Tim Armour/Bloomberg
Total AUM: $88.7Market share: 5.1%Mutual fund assets: $88.7CIT assets: --
Bloomberg/P&I Research Center
Worldwide assets under management: $4,153,256
Adobe Stock
AUM: $714,864
Bloomberg
Total AUM: $623.3Market share: 36%Mutual fund assets: $381.5CIT assets: $241.8
The 10 largest providers of target-date funds in the U.S. Figures are in billions of dollars as of Dec. 31 and exclude assets in custom products. Market share includes mutual funds and collective investment trust assets.
Source: Sway Research