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A mutual fund held for a decade with no trades and no logins looks, to a state database, a lot like an abandoned account.
The Investment Company Institute says that reading is wrong, arguing in a Viewpoints blog published July 14, 2026, that millions of Americans hold mutual funds, ETFs, stocks, and other securities for years by design.
Inactivity is strategy, not surrender. Why inactivity is not abandonment The case for the long-term investor is direct. Buying and holding is a deliberate choice.
An investor who rarely logs in or never places a trade is not missing in action. The ICI made the point explicitly: Americans buy these securities with the intention of holding them for years.
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