stock fund

In the 12 months through March, the average stock fund lost 8.3 percent, while the average taxable bond fund lost 3.6 percent.

The Virtus Zevenbergen Innovative Growth Stock Fund, for example, gained 28.4 percent in the quarter, a spectacular result.

The average stock fund rose 5.4 percent, while the average taxable bond fund returned 2.6 percent.

Through the middle of March, the largest U.S. bond fund, Vanguard’s Total Bond Market Index fund, returned 2% while the largest U.S. stock fund lost 2.7%.

A little more than a year ago, holding an S&P 500 index fund was becoming more and more like just holding a tech stock fund.