Inflows and outflows during the month:
- Trading inflows went to international, bond, and large U.S. equity funds
- Outflows were primarily from company stock, premixed and stable value funds
Asset classes with most trading inflows in October:
|
Percentage of inflows |
Index dollar value ($ mil) |
International funds |
46% |
$174 |
Bond funds |
22% |
$81 |
Large U.S. equity funds |
14% |
$52 |
October investment portfolios:
- At the end of October, 67.9% of balances were invested in equities, up from 67.6% at the end of September
- 67.2% of new contributions were invested in equities, up slightly from 67.0% in September
Asset classes with largest percentage of total balance at end of October:
|
Percentage of balance |
Index dollar value ($ mil) |
Target date funds |
27% |
$53,536 |
Large U.S. equity funds |
23% |
$46,676 |
Stable value funds |
11% |
$20,950 |
Asset classes with most contributions in October:
|
Percentage of contributions |
Index dollar value ($ mil) |
Target date funds |
46% |
$416 |
Large U.S. equity funds |
19% |
$175 |
International funds |
8% |
$74 |
October market observations
Capital markets saw positive gains for large U.S. equity funds (represented by the S&P 500 Index), international equities (represented by the MSCI All Country World ex-U.S. Index), small U.S. equity funds (represented by the Russell 2000 Index), and U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) in October.
Returns for common indices
|
October |
2017 YTD |
Bloomberg Barclays U.S. Aggregate Index |
0.1% |
3.2% |
S&P 500 Index |
2.3% |
16.9% |
Russell 2000 Index |
0.9% |
11.9% |
MSCI All Country World ex-U.S. Index (net) |
1.9% |
23.4% |