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April AAII Asset Allocation Survey: Stock Allocations Decrease

by AAII Staff | May 01, 2025

Individual investors’ allocations to stock decreased while bond and cash allocations increased in the April Asset Allocation Survey.

Stock and stock fund allocations decreased 2.1 percentage points to 64.1%. Stock and stock fund allocations are above their historical average of 61.5% for the 59th consecutive month but have fallen to their lowest level since December 2022.

Bond and bond fund allocations increased 0.7 percentage points to 16.2%. Bond and bond fund allocations are above their historical average of 16.0% for the first time in 15 months.

Cash allocations increased 1.4 percentage points to 19.7%. Cash allocations are below their historical average of 22.5% for the 29th consecutive month.



April AAII Asset Allocation Survey results:
  • Stocks and Stock Funds: 64.1%, down 2.1 percentage points
  • Bonds and Bond Funds: 16.2%, up 0.7 percentage points
  • Cash: 19.7%, up 1.4 percentage points
April AAII Asset Allocation Details:
  • Stocks: 28.6%, down 1.2 percentage points
  • Stocks Funds: 35.5%, down 0.9 percentage points
  • Bonds: 5.1%, up 1.0 percentage points
  • Bond Funds: 11.1%, down 0.2 percentage points
Historical averages:

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

Take the Asset Allocation Survey.

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