Defined-Maturity Funds: A Bond Alternative With Compromises

This article originally appeared in the October 2013 issue of the AAII Journal. Interested in the benefits that individual bonds can offer, but not ready for the complications? The hybrid defined-maturity bond funds are one alternative. What are they and what do you need to know before investing? As the name implies, defined-maturity bonds cease…

 

AAII Asset Allocation Survey: Equity Allocations Fall to Three-Year Low

Equity allocations among individual investors declined to a three-year low last month, according to the February AAII Asset Allocation Survey. At the same time, individual investors boosted their cash allocations to a three-year high. Fixed-income allocations were slightly lower. Stock and stock fund allocations fell by 1.0 percentage points to 61.5%. This is the smallest…

 

January Asset Allocation Survey: Cash Allocations Rise to a 2.5-Year High

Last month, individual investors increased their cash allocations to the highest level and cut their equity allocations to the lowest level in two and a half years, according to the January AAII Asset Allocation Survey. At the same time, bond allocations rose to a one-year high. Stock and stock fund allocations fell by 2.8 percentage…

 

December AAII Asset Allocation Survey: Fixed-Income Allocations Reach 11-Month High

Individual investors ended 2015 with their largest bond exposure since last January, according to the December AAII Asset Allocation Survey. Equity and cash allocations were both slightly down. Stock and stock fund allocations declined by 0.2 percentage points to 65.3%. The change was not large enough to prevent equity allocations from remaining above their historical…