Target maturity funds picked up more than $13 billion in the fourth quarter of 2012, bringing the industry’s total assets to some $485 billion, a 29% increase from a year ago, according to data fromIbbotson Associates.

The “big three” ofVanguard,Fidelity, andT. Rowe Pricecontinued to garner the majority of flows, capturing 69% of net flows during the quarter, according to the latestIbbotson Target Maturity Report. Other target maturity fund providers that saw large inflows this quarter includeWells Fargo Advantage,John Hancock,TIAA-CREF,J.P. Morgan, andAmerican Funds.

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