Potential for Experiencing Negative Returns in Investment-Grade Bonds, January 1926 to March 2025


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Holding Period 1 Year 5 Years 10 Years 15 Years 20 Years
Percentage of time portfolios showed negative returns 17% 3% 0% 0% 0%
- Percentage of time portfolios showed negative returns of more than 10% annually 1% 3% 0% 0% 0%
- Percentage of time portfolios showed negative returns between 5% and 10% annually 2% -3% 0% 0% 0%
- Percentage of time portfolios showed negative returns between 0% and 5% annually 15% 3% 0% 0% 0%
Percentage of time portfolios gained between 0% and 5% annually 38% 59% 60% 60% 54%
Percentage of time portfolios gained between 5% and 10% annually 29% 29% 29% 28% 41%
Percentage of time portfolios gained more than 10% annually 16% 9% 11% 12% 5%

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