April AAII Asset Allocation Survey: Equity Allocations Remain at a Two-Year High

Individual investors' allocations to equities slightly increased in the April Asset Allocation Survey.

Stock and stock fund allocations increased 0.1 percentage points to 69.4%. Stock and stock fund allocations are above their historical average of 61.5% for the 47th consecutive month. Stock and stock fund allocations were last higher in April 2022 (69.8%).

Bond and bond fund allocations decreased 0.1 percentage points to 13.9%. Bond and bond fund allocations are below their historical average of 16.0% for the third time in six months.

Cash allocations decreased 0.1 percentage points to 16.6%. Cash allocations are below their historical average of 22.5% for the 17th consecutive month.