FRB: Z.1 Release--F.123--Closed-End and Exchange-Traded Funds--September 17, 2007

F.123 Closed-End and Exchange-Traded Funds
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description	2002	2003	2004	2005	2006	2006 Q1	2006 Q2	2006 Q3	2006 Q4	2007 Q1	2007 Q2	Line
Closed-end funds total financial assets asset	18.1	43.7	32.7	20.0	8.7	4.3	19.3	-4.8	16.1	53.2	32.6	1
Closed-end funds credit market instruments asset	8.6	35.5	11.0	1.5	6.9	10.4	16.5	-5.0	5.5	-0.3	23.2	2
Closed-end funds total Treasury securities asset	-2.8	0.6	2.3	0.3	0.2	-1.6	1.7	0.1	0.9	-0.8	-2.1	3
Closed-end funds municipal securities and loans asset	11.3	3.2	-0.1	0.2	0.2	-0.0	2.0	-2.5	1.6	-1.6	8.3	4
Closed-end funds corporate and foreign bonds asset	0.1	31.6	8.9	1.0	6.4	12.1	12.9	-2.5	3.1	2.1	16.9	5
Closed-end funds corporate equities asset	9.4	8.3	21.7	18.5	1.8	-6.1	2.8	0.1	10.6	53.5	9.4	6
Closed-end funds total financial assets asset	18.1	43.7	32.7	20.0	8.7	4.3	19.3	-4.8	16.1	53.2	32.6	7
Exchange-traded funds total financial assets asset	45.3	15.8	55.0	53.9	74.0	39.9	98.5	21.3	136.3	57.5	69.4	8
Exchange-traded funds credit market instruments asset	3.7	0.7	3.8	6.8	5.7	3.0	9.1	2.8	7.9	6.8	15.6	9
Exchange-traded funds total Treasury securities asset	2.0	0.1	2.8	4.8	3.4	1.4	7.1	1.1	3.9	3.2	8.7	10
Exchange-traded funds corporate and foreign bonds asset	1.8	0.6	1.0	1.9	2.4	1.6	2.1	1.7	4.0	3.6	6.9	11
Exchange-traded funds corporate equities asset	41.6	15.1	51.2	47.1	68.3	36.9	89.4	18.5	128.4	50.7	53.7	12
Exchange-traded funds total financial assets asset	45.3	15.8	55.0	53.9	74.0	39.9	98.5	21.3	136.3	57.5	69.4	13