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CUSTODY: Business Statistics

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Custody business statistics.

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CUSTODY: Business Statistics
ASSETS ($ millions) BNP PARIBAS BNY MELLON CITI J.P. MORGAN MUFG UNION BANK, N.A. NORTHERN TRUST STATE STREET CORPORATION UMB BANK, N.A. U.S. BANCORP FUND SERVICES
Total Assets Under Custody 11, 825,000 37,093,472 23,700,000 26,831,308 149,778 9,233,500 24,500,943 155,040 2,978,100
Total ’40 Act Fund Assets 159,647 N/A 429,300 6,523,784 43,272 N/A 8,447,133 47,230 681,555
’40 Act Open-End Domestic Funds 159,647 N/A ** 5,303,609 38,232 N/A 5,769,006 32,359 650,860
’40 Act Open-End Global Funds N/A N/A ** 1,207,387 4,538 N/A 2,476,658 14,169 23,460
’40 Act Open-End Emerging Market ** N/A ** N/A 4 ** 195 6 **
Total ’40 Act Open-End Fund Assets 159,647 N/A ** 6,510,996 42,771 N/A 8,245,664 46,528 674,304
’40 Act Closed-End Domestic Funds N/A N/A ** 11,265 502 N/A 187,566 5,647 702
’40 Act Closed-End Global Funds N/A N/A ** 1,000 ** N/A 13,903 ** 1,588
’40 Act Closed-End Emerging Market N/A N/A ** 523 ** N/A 1,148 ** 17
Total ’40 Act Closed-End Fund Assets N/A N/A ** 12,788 502 ** 201,469 7,252 702
’40 Act UITs N/A N/A ** N/A ** N/A ** ** **
United Kingdom UITs N/A N/A ** N/A ** N/A 3,913 ** **
Offshore Funds N/A 536,125 ** 1,546,345 46 N/A 2,344,412 5,826 172
ETFs 39,430 70,400 ** 366,158 ** N/A 1,106,992 ** 16,428
Variable Annuities N/A N/A ** 450,045 ** N/A 482,165 1,260 **
All Other Types of Funds N/A N/A ** 4,896,354 3,626 N/A 12,116,328 106,378 20,810
% Custody Assets Domestic N/A 74 6,300,000 N/A 95 N/A 75 85 98
% Custody Assets Global (Mature) N/A 26 23,700,000 N/A 4 N/A 24 11 2
% Custody Assets Global (Emerging) N/A ** 23,700,000 N/A 1 N/A 1 4 0.13
NUMBER OF FUNDS SERVICED
Open-End Funds N/A N/A N/A 1,642 214 N/A 6,278 248 1,127
Closed-End Funds N/A N/A N/A 34 10 N/A 515 10 42
UITs N/A N/A N/A N/A ** N/A 22 ** **
Offshore Funds N/A 804 N/A 636 9 N/A 4,859 11 210
ETFs N/A 1,159 N/A 157 ** N/A 542 ** 219
Variable Annuities N/A N/A N/A 331 ** N/A 568 52 **
All Other Types of Funds N/A N/A N/A 1,267 49 N/A 48,225 251 249
Total Number of Funds Under Custody N/A N/A 376 1,267 49 N/A 48,225 251 249
NUMBER OF CLIENTS
Domestic N/A N/A 14 115 108 N/A 122 284 48
Global N/A N/A 14 75 16 N/A 105 106 19
Emerging Markets N/A N/A 14 24 4 N/A 61 52 4
Offshore N/A 94 ** 81 4 N/A 251 74 4
ETFs N/A 51 ** 15 ** N/A 36 58 **
Variable Annuities N/A 51 ** 15 ** N/A 52 ** 2
VITAL STATISTICS
Tier 1 Ratio (%) N/A 13 12 15 14 N/A 15 11 12
Publicly Traded Yes Yes Yes Yes No Yes Yes Yes Yes
Closely Held No No No No No No ** No No
New Owner in Past 12 Months No No No No No No No No No
Total Shareholder Equity ($ millions) N/A 41,100 193,240 2,687,379 15,103 11,019 24,431 51,853 N/A
% 2019 Revenue from Custody N/A ** ** N/A 4 64 84 N/A 33
STAFF
Total # of Custody Employees 11,735 19,000 ** 1,392 208 9,555 5,145 761 95
% Annual Custody Staff Retention Rate 90 ** ** ** 97 ** 86 93 88
# Accounts per Manager ** ** ** ** 70 ** ** 25 100

** - Not Reported
N/A - Not Applicable
N/AV - Not Available
Data as of 12/31/19

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