Allocation Funds’ 2021 Highlights
Equities dominate, value rebounds, and a behemoth gets big inflows.
Fund Spy
Mentioned: American Funds American Balanced A (ABALX)
, Dodge & Cox Balanced I (DODBX)
, Franklin Income A1 (FKINX)
, American Funds Income Fund of Amer A (AMECX)
, BlackRock Global Allocation Instl (MALOX)
, Oakmark Equity And Income Investor (OAKBX)
, T. Rowe Price Capital Appreciation (PRWCX)
, Vanguard International Value Inv (VTRIX)
, Vanguard Total Bond Market Index Inv (VBMFX)
, Vanguard STAR Inv (VGSTX)
U.S. stocks rose sharply in 2021 as the economy and corporate profits bounced back. The S&P 500 posted a 28.7% gain, propelling allocation funds that favor equities to double-digit returns, on average. The allocation--85%+ equity Morningstar Category, for example, posted an average gain of 17.6%.
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Greg Carlson does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.