C000023929 Performance — Asset Allocation Fund, Class 1
Data updated: 2026-08-27
C000023929 returned +8.29% year to date and +16.26% over one year to Jun 2026. Annualised returns are +16.25% over 3 years and +8.86% over 5 years. Against its US Large Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $157, against $157 for the category, and to $116 over one year, against $118. Volatility over the past three years was 9.40% a year. In the 12 months to Jun 2026 the fund took in a net $2.7M, and assets reached $28.34B.
C000023929 Growth of $100
What $100 invested in Asset Allocation Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | C000023929 | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $116 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $157 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $153 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $206 | $229 |
C000023929 Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.29% |
| 1 year | +16.26% |
| 3 years (annualised) | +16.25% |
| 5 years (annualised) | +8.86% |
C000023929 Annual Returns
Calendar-year total returns of Asset Allocation Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.29% |
| 2025 | +16.16% |
| 2024 | +16.74% |
| 2023 | +14.54% |
| 2022 | −13.19% |
| 2021 | +15.39% |
| 2020 | +12.71% |
| 2019 (Jul–Dec) | +8.42% |
C000023929 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.1% | +1.6% | −5.6% | +6.4% | +3.2% | +0.7% | — | — | — | — | — | — |
| 2025 | +2.8% | −0.3% | −3.1% | +0.3% | +4.0% | +4.4% | +0.5% | +1.6% | +2.6% | +0.3% | +1.6% | +0.6% |
| 2024 | +1.0% | +2.9% | +3.0% | −3.5% | +3.2% | +2.7% | +1.8% | +1.7% | +1.6% | −0.3% | +3.1% | −1.6% |
| 2023 | +4.4% | −3.4% | +1.3% | +1.4% | −0.7% | +4.1% | +1.9% | −1.1% | −3.4% | −2.0% | +6.8% | +5.0% |
| 2022 | −4.3% | −1.2% | +0.5% | −6.1% | +1.2% | −6.8% | +4.7% | −2.7% | −7.3% | +6.3% | +5.7% | −2.9% |
| 2021 | −0.8% | +2.4% | +2.6% | +3.5% | +1.5% | +0.7% | +0.7% | +1.7% | −3.5% | +4.2% | −1.8% | +3.6% |
| 2020 | −0.1% | −4.7% | −9.0% | +8.7% | +3.5% | +1.3% | +3.4% | +2.8% | −1.8% | −1.9% | +8.0% | +3.5% |
| 2019 | — | — | — | — | — | — | +1.1% | −0.2% | +0.8% | +1.8% | +2.3% | +2.4% |
C000023929 Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 9.40%
- 3-year Sharpe ratio: 1.25 (vs 4.5% risk-free rate)
- Best month: +6.83% (Nov 2023)
- Worst month: −5.60% (Mar 2026)
C000023929 Fund Flows
Monthly money in and out of Asset Allocation Fund, from SEC Form N-PORT.
- 12-month net flow: $2.7M
- 12-month gross sales (incl. reinvestments): $4.2B
- Sales ÷ redemptions: 1.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.2B | $328.0M | $2.8B |
| May 2026 | $57.5M | $308.8M | −$251.3M |
| Apr 2026 | $55.3M | $304.6M | −$249.3M |
| Mar 2026 | $55.4M | $336.9M | −$281.6M |
| Feb 2026 | $37.8M | $268.7M | −$230.8M |
| Jan 2026 | $42.2M | $333.8M | −$291.6M |
| Dec 2025 | $496.2M | $317.5M | $178.7M |
| Nov 2025 | $59.5M | $689.0M | −$629.5M |
| Oct 2025 | $59.7M | $323.6M | −$263.9M |
| Sep 2025 | $52.1M | $303.9M | −$251.8M |
| Aug 2025 | $47.4M | $295.1M | −$247.7M |
| Jul 2025 | $54.4M | $356.0M | −$301.6M |
C000023929 Assets Under Management
Net assets of Asset Allocation Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $28.34B |
| 2026-03-31 | $26.33B |
| 2025-12-31 | $27.68B |
| 2025-09-30 | $28.17B |
| 2025-06-30 | $27.70B |
| 2025-03-31 | $26.19B |
| 2024-12-31 | $27.09B |
| 2024-09-30 | $27.58B |
| 2024-06-30 | $26.94B |
| 2024-03-31 | $26.79B |
| 2023-12-31 | $25.69B |
| 2023-09-30 | $24.11B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.