3 Mutual Funds With 10 Years Of Positive Returns According to M*, there are exactly two non-bond funds that did not lose money in any of the past ten calendar years. WICAX (one of the three funds named), and KRFEX.
While NSTLX (the institutional share class of N&B Strategic Income) makes the cut, the ticker that was given in the article, NSTAX (A class) does not, because that share class did not exist until 3/3/2008.
Both share classes of TCW Total return (TGLMX as well as the named TGMNX) made the grade, but it is worth noting that management changed about midway through the ten years. The MetWest management that TCW bought is great, but I'd rather invest in their flagship fund MWTIX.
As I've said before, I don't think there's anything magical about 0.000% return. But FWIW, the other nonlosers are:
Taxable bond funds: FXICX, AALPX, AVEFX, BBBMX, CCBAX, DFIHX, DFGFX, SDGIX, FGUSX, FPNIX, GSTGX, MXSDX, HUBAX, JASBX, JIBDX, HLLVX, LKFIX, DFCFX, DFYGX, MSTIX, MUCYX, BSBAX, PYSBX, PRVBX, PIASX, PMYIX, PSBAX, PIFZX, SIGVX, STBFX, BSGAX, PRWBX, TSDOX, DIHQX, FOSIX, UGSDX, VBISX, VFIRX (note only the Admiral shares made the cut), WEFIX (used to be NTF until Weitz added a retail class with a 0.25% admin fee in 2011), SGVAX, MVSAX
Muni bond funds: ALABX, ATOIX, SDCMX, SDDMX, SDNYX (Bernstein short duration funds don't make much but are very stable; don't know any way to get them without a load), MDLMX, MINSX, CNTIX, HICOX, NSMIX, DFSMX, DSIBX, FMUUX, FSHIX (the retail version, FMTAX - load waived at Vanguard - lost a few basis points in 2008 and 2013), FISHX (the T class lost 0.17% in 2013), FSTFX, FFTFX, GSDUX, FLTRX, SUMAX, PRMDX, PRFSX, LTCAX, LTMIX, VMLTX, VWSTX, SCTIX, SMUAX, SHDAX.
Not surprisingly, the muni bond funds tend to be short or short-intermediate.
Help with Rollover IRA at Price Another vote for PRWCX if you can get in. PRHSX is a fine fund for speculation but you may want to be bolder.For cash I would consider Floating Rate(a bit bold) short term bond or ultra short term bond. For international I think I would go outside Price unless you want to use TRP Discovery as a speculation(its a small cap international)To get more diversification with limited work a little bit of the target 2015 fund might make sense You do after all have 6 figures in the account
The Closing Bell: U.S. Stocks Rally; Dow Enjoys Triple-Digit Revival FYI: Following steep losses and massive intraday swings over the past five days the U.S. stock market is wrapping up the week on a relative high note, with the main benchmarks registering more than 1% gains on Friday.
Earlier in the week, investors exhibited panicky selling behavior as concerns over global growth, volatility in oil and the dollar, as well as fear of the spread of Ebola converged.
On Friday, stocks got a boost from upbeat earnings reports from heavyweights, such as General Electric, Honeywell and Morgan Stanley. Those cheery earnings reports may be just what the markets need
Regards,
Ted
Markets At A Glance:
http://markets.wsj.com/usWSJ Slant:
http://online.wsj.com/articles/u-s-stock-futures-rally-amid-upbeat-earnings-reports-1413548278#printMode
Fidelity: Why Market Volatility is Back RE: "The U.S. dollar is soaring and deflation fears are mounting. Stock benchmarks are swinging wildly as global growth fears rise." ... Charles Dickens might love this. "Swinging wildly" has a nice ring. But, is this kind of hype typical of Fidelity's communications with their investors? I hope not. (Perhaps that's the reason I don't own any of their funds.)
Yes - there's some underlying truth to each point. The dollar has been very strong (sometimes seen as a positive) due to the improving condition of the U.S. economy relative to much of the world and expectations interest rates will be rising here. However, the recent 9% retrenchment in the S&P doesn't even qualify as a normal "correction" under the generally accepted definition of 10% or more. Repeat: Not even a "correction" by standard definition. ... So, another 9% off relatively soon wouldn't surprise me. Nor is it in itself cause for alarm. That's what stock markets do - and have historically done. They rise and fall.
As guardians of their investors' money, Fidelity owes it to them to shoot straight. Skip the hyperbole. Tell them that valuations are stretched in many markets and they shouldn't expect the kind of stock market gains going forward they've seen over the past 5 years. Caution them about the significant dangers bonds face should rates rise. Point out market sectors where valuations look most attractive. Talk about the virtues of rebalancing periodically for most investors. Above all else, remind them that equity investing is for the long term as measured in years - not day to day or weekly.
Intrepid International Fund in registration @Vert.
It's because of the way they handled ICMYX.
They merged it into ICMUX this past January and touted the reduction in fee.
ICMUX, which only dates back about 4 years, is a Great Owl Fund.
Top quintile performer. Max drawdown only -1.4% (September 2011).
Folks on the board have compared it to David Sherman's conservative funds (RPHYX and RSIVX).
All good right?
Except ICMYX was actually the oldest share class with about 7 years performance.
And, it contained performance for a steady-eddy income fund that would be disconcerting for very conservative investors.
It drew down -14.6% in November 2008.
Here's current performance snap shot from their website:
Note the inception date of Intrepid Income. Performance before August 2010 does not appear, since it was in the different share class.
To their credit, they do show the earlier quarterly performance in the fund's
summary prospectus.
But most fund screening tools and performance plotters (eg. M*) will just not pick this up.
As if the poor performance never happened.
I think it's borderline non-disclosure, calling into question the firm's integrity. So, hard for me to recommend.
Maybe this stuff is common practice and I'm being too critical.
Just does not seem right.
Fidelity: Why Market Volatility is Back
Help with Rollover IRA at Price Thanks John,
Yeah, I've always loved Matthews. Wonderful family. I had my original IRA at Price at one time and was able to get really crazy with pm stocks back in the early days of the bull run in 2002 and 3. Geez, they'll trade pink sheets if you've got the chops. That's where I hit a homer with SLW. I was buying in the $2-3 range and it went to $43. OohRah!
35% int'l is sensible and MAINX is a way to get some portion in int'l bonds.
I'm with you as to keeping things simple. Geez, I'm busy hugging trees. This is pretty much what I've done with the wife's rollover - put it on cruise control.
Having a core holding as base also sounds reasonable.
thanks,
rono
Alternative Mutual Funds: Are They Worth It ? Frankly i am not being too scientific about it. First and foremost i wnant to look at the 5 star ls funds who are really nothing but long vehicles and with just 60 exposure are outperforming(sic) their brethren which are true long short funds. You dont need such funds.
Right now jazzx and pmhdx seem like obvious imposters.
And by the way my eclectic list of funds is not the ls list. It is other list of funds to buy using my when vs what mantra
Barry Ritholtz: The Easy-Money Stock Market Is Over Ritholtz knows what he's talking about, generally. And this is part of what he has to say:
"Has this cyclical rally run its course, and we are now reverting to the bear market that started in 2000? Or, are we merely looking at pause following a hot year within a longer bull market? We won’t know the answer until afterward, but I have been moving toward the secular bull-market camp. But that’s a 10- to 15-year timeline, and the day to day or even week to week is meaningless to these investors.
Any funds which have preserved capital ? No real surprises for me either. I have a total of 20 funds, some vanilla U.S., some sectors some international or global. My sector funds such as FBTIX, FRUAX, PHSZX lost less than 2% this last week and were also my best ytd plus VPCCX. Of my etfs, sector etfs also did best such as VNQ, PJP both over 15% ytd with 1 week losses contained to -3% or less. I really don't want all my funds and etfs to work the same, I have some of them to limit downside and do well in down markets, the others will do best in strong markets. The stocks I have are all over the board, but 75% of my equity portion of portfolio is etfs and funds.
