Fund service-provider changes reported in Q1 2026

The largest fund families

The twenty-five largest fund families by average net assets on their funds' latest N-CEN reports. A fund files N-CEN once a year, after its fiscal year ends, so most families file in one or two quarters of the year.

Providers that gained or lost the most funds

Among the changes below: each fund counts once for the provider it moved to and once for the one it left. Assets are the funds' average net assets for their reporting year.

Advisers and sub-advisers hired or terminated

As each fund reports them, with the date it gives. A fund's first N-CEN is left out: hiring the adviser it launched with is not a change.

Administrator changes

Custodian changes

The fund's bank custodian under section 17(f)(1) of the Investment Company Act; foreign sub-custodians and depositories are left out.

Transfer agent changes

Auditor changes

The registrant reports that its independent public accountant changed, and names a different one than in its previous report.

What N-CEN can and cannot say

• Form N-CEN is the annual report every registered fund files within 75 days of its fiscal year end, so a quarter's reports cover the funds whose years ended in roughly the quarter before. A change can be up to a year old when it appears here.
• A provider change is listed only when the fund reports that it hired or terminated that kind of provider during the year and names a different provider than in its previous report. Adviser and sub-adviser changes are named and dated by the fund.
• A change in the name a provider files under, after a merger or a rebranding, can read as a change of provider.
• Assets are each fund's average net assets over its reporting year, as filed; they are not the fees a provider earns. A family's total sums its funds as each reports them, so a fund of funds is counted alongside the funds it holds.