Issue link: https://resources.envestnet.com/i/1540867
47 1 1 4 7 13 2 < -20% Between -10% & -20% Between 0% & -10% Between 0% & 10% Between 10% & 20% > 20% Frequency of 60/40 Annual Returns (1997–2024) Total return data from YCharts. This analysis used an annually rebalanced portfolio with a 50% S&P 500 allocation, a 10% MSCI EAFE allocation, and a 40% Bloomberg US Aggregate allocation. Indices cannot be invested in directly. Past performance does not guarantee or indicate future results. © 2025 Envestnet, Inc. All rights reserved. For one-on-one use with a client's financial advisor only. 20251017-4912642