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| The Four Largest Mutual Fund Holders of AT&T | |||
|---|---|---|---|
| Fund Holder | # Shares | Market Value | Date Reported |
| Vanguard Total Stock Market Index Fund Admiral Shares | 201 million | $6.30 billion | Apr 30, 2021 |
| Vanguard 500 Index Fund Admiral Shares | 146.70 million | $4.60 billion | Apr 30, 2021 |
| SPDR S&P 500 ETF Trust | 73.20 million | $2.35 billion | May 13, 2021 |
| Fidelity 500 Index Fund | 65.30 million | $1.97 billion | Mar 31, 2021 |
1. Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX)
AT&T’s largest mutual fund holder is the Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). The fund owns greater than 201 million shares of AT&T with a market worth exceeding $6.30 billion as of April 30, 2021.
Vanguard’s VTSAX is designed to supply broad publicity to the whole U.S. inventory market. With roughly $1.2 trillion in belongings below administration (AUM), the VTSAX has an expense ratio of 0.04%, and a five-year annualized return of 17.67% as of April 30, 2021. A minimal funding quantity of $3,000 is required.
However, for many who haven’t got the $3,000 preliminary funding, Vanguard additionally affords an exchange traded fund (ETF) referred to as the Vanguard Total Stock Market ETF (VTI). The VTI has an identical make-up to the VTSAX and the preliminary funding price is the worth of one share.
2. Vanguard 500 Index Fund Admiral Shares (VFIAX)
AT&T’s second-largest mutual fund holder is the Vanguard 500 Index Fund Admiral Shares (VFIAX), which owns 146.7 million shares for a market worth of $4.60 billion as of April 30, 2021.
The VFIAX gives publicity to 500 of the biggest U.S. corporations throughout numerous industries mirroring the Standard and Poor’s 500 index (S&P 500). The VFIAX had roughly $732 billion in belongings below administration, an expense ratio of 0.04%, and a five-year annualized return of 17.38% as of April 30, 2021.
Although the VFIAX has a minimal funding requirement of $3,000, Vanguard additionally affords an ETF model referred to as the Vanguard S&P 500 ETF (VOO). The VOO has related holdings to the VFIAX and its preliminary price is the worth of one share.
3. SPDR S&P 500 ETF Trust (SPY)
AT&T’s third-largest mutual fund holder of its inventory is the favored SPDR S&P 500 ETF Trust (SPY), which is managed by State Street Global Advisors. The SPY ETF tracks the S&P 500 index and is invested in 505 shares.
The SPY owns 73.20 million shares of AT&T for an approximate market worth of $2.35 billion as of May 13, 2021. The SPDR SPY has $358.4 billion in belongings below administration with an expense ratio of .0945%. The SPY has a five-year annualized return of 17.25% as of April 30, 2021.
4. Fidelity 500 Index Fund (FXAIX)
AT&T’s fourth-largest mutual fund holder of the corporate’s inventory is the Fidelity 500 Index Fund (FXAIX), which has $328 billion in belongings below administration. The FXAIX additionally tracks the S&P 500 Index following a passively managed technique.
The FXAIX owns almost 65.30 million shares of AT&T representing almost $1.97 billion in market worth as of March 31, 2021. Fidelity’s FXAIX has an expense ratio of .015%, no funding minimal, and a five-year annualized return of 14.41% as of April 30, 2021.
