12
Disappointing economic indicators and the terrorist
attack in Boston led to mixed markets in April.
The S
&
P
500
ended the month with a
1
.
93%
gain.
But the Russell
2000
lost
0
.
37%
.
Most domestic-stock sectors were flat or made gains
in April, but the real estate, utilities, and health-care
sectors did particularly well. The real estate, health,
and utilities fund categories gained
5
.
93%
,
3
.
76%
,
and
4
.
53%
, respectively.
Franklin Utilities
FKUTX
landed in the top third of all utility funds with a
5
.
36%
gain. A few diversified funds, like
Vanguard
Dividend Growth
VDIGX
and
Primecap Odyssey
Stock
POSKX
, held significantly more assets in
health-care stocks than peers and were among the
best category performers.
Outside the United States, developed markets dra-
matically outperformed emerging markets this month.
The
MSCI
EAFE
Index gained
5
.
33%
for the month,
strengthened by gains in the European and Japanese
stock markets.
Oakmark International
OAKIX
held
20%
in Japanese stocks and
50%
in developed
Europe stocks, and was second-best in the category
for the month with a
5
.
67%
return.The
MSCI
Emerging
Markets Index only gained
0
.
79%
, bowing under
concerns of weakening growth in China and dips in
the Latin American markets.
American Funds
New World
NEWFX
had lower-than-average weight-
ings to Chinese and Latin American stocks and
outperformed
90%
of diversified emerging-markets
funds with a
2
.
39%
gain.
Taxable and municipal bonds were neck and neck this
month. The intermediate-term bond category gained
1
.
09%
on average, compared with intermediate-term
muni-bond funds’
0
.
87%
gain.
PIMCO Total Return
PTTRX
returned
1
.
18%
by month-end. Long govern-
ment bond funds were the best-performing bond cate-
gory by far with a
4
.
26%
gain.
œ
Total Return
%
Through
A N N U A L I Z E D
04-30-13
1Mo YTD 3Yr
5Yr
10Yr
Benchmark Performance
A Flat Market Amid Turmoil
Market Overview
|
Kailin Liu
Large Growth
1.3 10.2 10.6 4.1 6.8
Large Blend
1.7 12.3 10.9 4.1 7.1
Large Value
1.9 13.3 10.9 3.7 7.3
Mid-Cap Growth
0.3 11.1 11.2 4.8 9.0
Mid-Cap Blend
0.6 12.9 11.2 6.0 9.6
Mid-Cap Value
0.7 13.7 11.4 6.4 9.9
Small Growth
-1.2 10.8 11.1 6.0 9.1
Small Blend
-0.6 11.8 10.8 6.6 10.0
Small Value
-0.7 11.5 10.3 7.3 10.2
Aggressive Allocation
1.7 8.6 8.7 3.5 7.2
Conservative Allocation
1.3 4.6 7.0 4.8 5.3
Moderate Allocation
1.5 7.2 8.3 4.2 6.4
Communications
4.6 10.8 12.1 3.5 9.4
Financials
2.0 13.1 6.4 -0.2 3.8
Global Real Estate
6.3 11.5 14.0 2.3 11.3
Health
3.8 20.4 17.7 11.9 10.5
Natural Resources
-2.6 -0.1 1.0 -5.4 11.0
Precious Metals
-17.7 -32.0 -13.9 -5.4 10.1
Real Estate
5.9 13.1 15.8 5.7 11.6
Technology
-0.3 6.5 8.1 5.6 8.6
Utilities
4.5 16.5 14.5 4.0 11.4
S&P 500
1.9 12.7 12.8 5.2 7.9
S&P MidCap 400
0.6 14.2 13.8 8.4 11.7
Russell 2000
-0.4 12.0 11.3 7.3 10.5
Diversified Asia/Pac. Stock
5.1 10.9 7.1 0.9 11.5
Diversified Emerg. Mkts.
1.3 1.0 3.2 -1.3 14.8
Europe Stock
3.4 6.2 6.4 -2.1 9.0
Foreign Large Blend
3.9 7.8 6.7 -1.5 8.4
Foreign Large Growth
2.8 6.6 7.6 -0.5 9.0
Foreign Large Value
4.9 8.3 5.8 -1.7 8.6
Foreign Small/Mid Growth
3.6 11.5 10.6 2.6 13.5
Foreign Small/Mid Value
2.8 9.5 7.9 0.9 10.7
World Stock
2.4 9.4 8.5 1.7 8.8
MSCI EAFE
5.2 10.6 7.4 -0.9 9.2
MSCI World
3.2 11.1 9.6 1.8 8.3
MSCI Emerging Markets
0.4 -1.5 0.6 -2.7 13.4
MSCI Europe
4.3 7.2 7.3 -2.1 8.8
MSCI Latin America
-1.1 -0.6 -3.0 -4.4 17.3
MSCI Pacific
6.9 17.3 8.1 1.7 10.3
High-Yield Bond
1.7 4.5 9.7 8.4 7.8
Inflation-Protected Bond
0.0 0.0 0.0 0.0 0.0
Intermediate-Term Bond
0.6 0.3 6.6 5.3 5.3
Muni National Long
1.2 1.5 6.5 5.8 4.5
World Bond
1.7 0.6 5.5 5.0 5.6
BarCap US Agg Bond TR USD 1.0 0.9 5.5 5.7 5.0
BofAML US HY Master II TR 1.9 4.8 10.8 10.8 9.5
BarCap Municipal TR USD
1.1 1.4 6.2 6.1 5.1
Contact Kailin Liu at
