Discussion Paper

Measuring Mutual Fund Liquidity with N-PORT


Abstract: Open-end mutual funds play a critical role in financial markets and remain major holders of key securities including corporate, Treasury, and municipal bonds. Past stress episodes have exposed the fragility of liquidity provision by corporate bond mutual funds, which can experience large investor outflows that must be met on demand despite holding relatively illiquid assets.

https://doi.org/10.17016/2380-7172.4037

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2026-05-08

Number: 2026-05-08-3