Total assets in unit investment trusts reached $5.29 billion in May, up 28% from the same period a year earlier, according to the Investment Company Institute.

Data from the ICI also show that unit investments drew $1.65 billion of fresh assets in May, roughly triple the $532 million of assets they drew in April.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.