Level from ICI by subscription, Quarterly Long-Term Mutual Fund Asset Composition report, calculated as other long-term taxable debt plus an estimate for short-term corporate bonds calculated as one-sixth of line item cash and receivables minus liabilities. Capital gains estimated using the change in the Merrill Lynch Corporate Master par weighted price index on long-term assets. Level for the most recent quarter estimated as previous level plus capital gains plus a staff estimate for corporate bond transactions. Series includes variable annuity long term mutual funds. Data for the last ten years show no significant seasonality.
Last edited on: 06/07/2016