This paper presents results from the Investment Company Institute’s Annual Mutual Fund Shareholder Tracking Survey, which gathers information on mutual fund–owning households in the United States. In 2021, the survey found that 59.0 million US households, or 45.4 percent, owned mutual funds....

1. This research examines the potential impact of the stock market crash of 2008-2009 on U.S. working households. The Great Recession caused financial problems for many households in terms of unemployment, business losses, and decreases in real estate values, but the broadly based decreases in...