June AAII Asset Allocation Survey: Equity Allocations at a 2.5-Year High

Individual investors’ allocations to equities and fixed income increased in the June Asset Allocation Survey.

Stock and stock fund allocations increased 0.1 percentage points to 70.5%. Stock and stock fund allocations are above their historical average of 61.5% for the 49th consecutive month. Stock and stock fund allocations were last higher in November 2021 (71.4%).

Bond and bond fund allocations increased 0.7 percentage points to 14.5%. Bond and bond fund allocations are below their historical average of 16.0% for the fifth consecutive month.

Cash allocations decreased 0.8 percentage points to 15.0%. Cash allocations are below their historical average of 22.5% for the 19th consecutive month. Cash allocations were last lower in November 2021 (14.2%).

• Stocks and Stock Funds: 70.5%, up 0.1 percentage points
• Bonds and Bond Funds: 14.5%, up 0.7 percentage points
• Cash: 15.0%, down 0.8 percentage points

• Stocks: 34.6%, up 1.0 percentage points
• Stocks Funds: 35.9%, down 0.9 percentage points
• Bonds: 5.1%, up 0.6 percentage points
• Bond Funds: 9.4%, up 0.1 percentage points

• Stocks/Stock Funds: 61.5%
• Bonds/Bond Funds: 16.0%
• Cash: 22.5%