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April AAII Asset Allocation Survey: Cash Edges Higher

by AAII Staff | May 01, 2026

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

Stock and stock fund allocations decreased 0.7 percentage points to 68.5%. Stock and stock fund allocations are above their historical average of 61.5% for the 71st consecutive month.

Bond and bond fund allocations decreased 0.2 percentage points to 15.6%. Bond and bond fund allocations are below their historical average of 16.0% for the sixth time in seven months.

Cash allocations increased by 0.9 percentage points to 15.9%. Cash allocations are below their historical average of 22.5% for the 41st consecutive month.



April AAII Asset Allocation Survey results:
  • Stocks and Stock Funds: 68.5%, down 0.7 percentage points
  • Bonds and Bond Funds: 15.6%, down 0.2 percentage points
  • Cash: 15.9%, up 0.9 percentage points
April AAII Asset Allocation Details:
  • Stocks: 29.5%, up 0.1 percentage points
  • Stocks Funds: 39.0%, down 0.7 percentage points
  • Bonds: 4.6%, down 0.5 percentage points
  • Bond Funds: 11.0%, up 0.3 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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