Statistics & Data Visualizations

FROs: Number and Proceeds by Major Industry Group

June 9, 2025


This data visualization shows the proceeds and the number of FROs by major industry group in 2024 and in 2025:Q1. The industry classification is based on 4-digit primary SIC codes of FRO issuers, which are grouped to form 11 major industries at the time of offerings. All other 4-digit SIC codes that are not among the 11 major industry groups are classified as Other. Funds include Closed-end funds and BDCs, and exclude ETFs. Percentages are rounded in the data visualization above and the total of rounded percentages might be slightly off from exactly 100%.

For description, calculation method, and data source: FRO Statistics Guide
To download statistics for the data visualization above: FRO Statistics

FRO Statistics & Data Visualizations Page

Last Reviewed or Updated: Aug. 12, 2025