Flows into target maturity funds have remained strong with nearly $12 billion flowing into the category during the third quarter, according to
Specifically, the “big three” of Vanguard, Fidelity, and T. Rowe Price continued to garner the majority of flows, capturing 63% of net flows during the quarter. Other target maturity fund providers that saw large inflows this quarter include John Hancock, TIAA-CREF, JP Morgan, and American Funds, all experiencing inflows of between $400 million and $700 million.
