206 / 708
12
U.S. stocks climbed slightly in April. The S&P 500 rose
0.4%, and the Russell 2000 Index is now flat for 2016
after rising 1.6%. U.S. economic data continued to quell
fears that a recession is on the horizon, and oil prices
continued to climb.
Overseas markets also gained in April. European stocks
rose 2.9% but are still slightly negative for the year.
Norwegian and Spanish markets climbed 8% and 5%,
respectively.
Dodge & Cox International
DODFX,
which has a Morningstar Analyst Rating of Gold, rose
3.6%, while Bronze-rated
Vanguard International
Value
VTRIX rose 2.5%. Emerging-markets stocks rose
0.5%, led by Peru (13%), Brazil (10%), and Russia (8%).
Polish and Taiwanese stocks didn’t fare well, however,
posting losses of 8% and 5%, respectively.
Brent crude prices ended April at $48.14, up approxi-
mately 21% from the end of March and 73% from
its January low. That helped the energy sector gain
9%. Top performers
ConocoPhillips
COP,
Anadarko
Petroleum
APC, and
EOG Resources
EOG all rose
more than 13%. The materials sector also benefited from
rising commodity prices, climbing 5%, led by mining
firms
Freeport-McMoRan
FCX and
Newmont Mining
NEM, which both rose more than 30%. Silver-rated
PIMCO Commodity Real Return
PCRDX rose 8.6%.
The financials sector posted strong returns in April after
a rough start to 2016, as several banking firms such
as
Citigroup
C and
Bank of America
BAC rose more
than 7%. Technology was the worst-performing sector,
posting a loss of 5%. Several large technology stocks
reported disappointing first-quarter earnings, and
Apple
AAPL,
Microsoft
MSFT, and
Alphabet
GOOGL all
fell more than 7% in April. All firms said that currency
headwinds continued to heavily weigh on results.
Bronze-rated
AllianzGI Technology
DRGTX fell 3.0%.
K
Contact Andrew Daniels at
andrew.daniels@morningstar.comTotal Return
%
Through
A N N U A L I Z E D
04-30-16
1Mo YTD 3Yr
5Yr
10Yr
Benchmark Performance
Stocks Tick Higher in April
Market Overview
|
Andrew Daniels
Large Growth
-0.2 -2.7 10.6 9.2 6.6
Large Blend
0.5 0.8 9.3 9.1 5.9
Large Value
1.5 2.8 8.1 8.5 5.2
Mid-Cap Growth
0.6 -1.3 8.4 7.0 6.0
Mid-Cap Blend
0.8 2.1 7.9 7.4 5.9
Mid-Cap Value
1.6 4.1 8.2 7.9 6.1
Small Growth
1.4 -3.0 7.3 6.0 5.5
Small Blend
1.2 1.8 7.0 6.5 5.2
Small Value
1.8 4.1 6.9 6.6 5.2
Allocation—70% to 85% Equity 1.0 1.6 5.2 5.3 4.3
Allocation—30% to 50% Equity 1.2 2.9 2.8 4.1 4.3
Allocation—50% to 70% Equity 1.1 2.0 5.0 5.5 4.9
Communications
-0.6 4.9 6.4 6.3 3.8
Financial
3.5 -1.8 6.8 7.1 1.3
Global Real Estate
0.1 4.0 2.0 5.5 3.0
Health
3.4 -10.5 15.0 15.4 10.8
Natural Resources
9.3 15.3 -4.7 -6.0 -0.5
Equity Precious Metals
27.1 78.9 -2.5 -14.7 -1.8
Real Estate
-2.2 2.3 6.5 9.1 5.8
Technology
-2.3 -4.5 13.0 7.7 7.0
Utilities
-0.1 11.5 6.0 8.5 7.1
S&P 500
0.4 1.8 11.2 10.9 6.9
S&P MidCap 400
1.2 5.1 9.7 9.2 7.8
Russell 2000
1.7 0.2 7.6 7.0 5.4
Diversified Pacific/Asia
0.2 -0.5 0.6 2.5 2.3
Diversified Emerging Mkts
1.1 5.0 -4.5 -4.3 1.9
Europe Stock
1.6 -1.0 3.2 2.2 2.6
Foreign Large Blend
1.6 -0.4 0.9 0.8 1.3
Foreign Large Growth
1.0 -1.0 2.2 1.9 2.4
Foreign Large Value
2.4 0.7 0.5 0.3 0.4
Foreign Small/Mid Growth
0.4 -1.3 4.6 4.3 3.9
Foreign Small/Mid Value
2.0
1.9
3.5
2.1
2.3
World Stock
1.1 0.7 5.3 4.7 3.9
MSCI World
1.6 1.2 6.3 6.0 4.1
MSCI Emerging Markets
0.4 6.8 -5.3 -5.3 1.7
MSCI EAFE
2.2 -0.5 1.0 1.4 1.3
MSCI Europe
2.4 -0.1 2.1 1.0 1.8
MSCI Latin America
5.7 25.3 -15.3 -13.1 -1.4
MSCI Pacific
3.7 -0.2 0.3 3.1 1.3
High Yield Bond
2.9 5.1 1.5 4.1 5.8
Inflation-Protected Bond
0.5 4.1 -1.6 1.5 3.7
Intermediate-Term Bond
0.7 3.2 1.8 3.4 4.6
Muni National Long
0.8 2.3 3.2 5.8 4.4
World Bond
1.3 5.6 0.0 1.6 4.3
BarCap US Agg Bond TR USD 0.3 3.3 2.2 3.5 4.8
BofAML US HY Master II TR 4.0 7.4 2.5 5.2 7.2
BarCap Municipal TR USD
0.7 2.4 3.5 5.4 4.9