@YBB. This is a personal issue where I have set up all my bills to be paid on the 1st of each month. USFR typically pays dividends around 5 days before the end of the month and I can use the dividends to pay bills on the 1st. TFLO pays dividends in the 1st week of the month so it doesnt work as well in my scheme of how I pay bills.

I kept significant amounts directly at D&C for 25 years. Great outfit. Since opening a Fido brokerage account 2 years ago, more options than I’d ever imagined opened up. Age, too, has been a factor in wanting to combine everything under 1 umbrella. Possibly, the types of funds & distribution network that served one well at age 55 are not the same ones he / she might elect as they near 80. To each his own.

Current rates:
Government M-mkt funds (7-day yield) VMFXX 5.26%, SPAXX 4.97%, SNVXX 5.04%
3-mo T-Bills 5.56%, 8/17/23
FRN yield = T-Bill yield + spread (2023 range 12-20 bps).
So, one has to decide if extra 40-75 bps over m-mkt funds with FRNs makes sense. It depends on the amounts involved too. Real advantage over T-Bills is that FRNs are rolled over every 2 years, instead of every 3 months.
With FRN ETFs, decide if giving up 15 bps is worth it when the fund isn't really doing much work. I could go along with 5bps ER for such trivial work.

Whew! Put through a small buy at Fido with fewer than 5 minutes left in the day. Prompted a time warning, but it went through. No big deal. Just wanted to throw a few more bucks at the slumping gold, metals / mining sector through a diversified CEF I own. May amount to a case of “going down with the ship”. :)
Gold ISTM fell to below $1900 today. Need @rono to do some cheer leading!

Treasury FRNs
There is growing interest in Treasury FRNs. These didn’t do much during the ZIRP, 2020-22, but have done well after 2022 as interest rates rose.
The 2-yr Treasury FRNs pay the yield of 3-mo T-Bills (reset weekly) plus spread (set at the Auction). The interest accrues daily but is paid quarterly. These require less frequent rolling than 3-mo T-Bills. Auctions (original issue or reopening) are monthly. Among the brokers, Schwab accepts online orders, but you will have to call Fidelity’s fixed-income desk to enter Auction or secondary market orders.
The next Treasury FRN Auction (reopening) is on Wednesday, 8/23/23.
The ETFs are TFLO, USFR; both have 15 bps ERs
These can be good supplements for T-Bills or money-market funds.
Don’t confuse these with regular FR/BL funds that are junk-rated/HY. In between are the investment-grade corporate floating-rate notes.

ISTM with auto invest you could switch it on on for a single purchase? And than turn it back off?
”You have to enter at least two dates, but you can turn it off after the first one executes”.
$5 beats $49.95.
It beats the $75 fee for D&C funds by even more :-)

Got it. / Thumbs Up! :)
It’s unlikely I’ll even need that feature, but nice to know it’s available.
And Thanks @msf

ISTM with auto invest you could switch it on on for a single purchase? And than turn it back off?
You have to enter at least two dates, but you can turn it off after the first one executes.
$5 beats $49.95.
It beats the $75 fee for D&C funds by even more :-)

@catch22
My father and his sisters kicked themselves because starting in 1965, there was at least one cousin at UT for 20 plus years, and then my sister was teaching school. Then in the 2000's the grandkids started at UT. So far there have been four of them.
If they had bought a house large enough for all the cousins ( there were never more than 3 or 4 at a time) in the 60's they would have made out like bandits.
My sister's husband paid $15000 for five acres of land outside of Wimberly ( 45 mins south) in the 1980s. He built his house over time but had a small mortgage for AC and a rain water collecting system. It is assessed at $800,000 now

Thanks. Sometimes I think I might sell my remaining small D&C investment which was transferred into fido - just to avoid future hassles in any kind of rebalancing. Since you can sell for no cost, it boils down to the 3 or 4 times a year when you might want to add. ISTM with auto invest you could switch it on on for a single purchase? And than turn it back off? $5 beats $49.95.

While Fido website doesn't recognize D&C funds or tickers, through an open web search, I found Fido links to several D&C I class funds (TF). It could be that Fido and D&C are negotiating new terms for Fido platform listings (NTF, TF). Schwab shows most D&C funds as TF only.
Via Research Fidelity, https://fundresearch.fidelity.com/fund-screener/
D&C Funds (I classes) https://digital.fidelity.com/search/funds?q=dodge & cox
DODGX https://fundresearch.fidelity.com/mutual-funds/ratings/256219106

Fidelity has made it difficult to find their info on D&C funds. Here's the feedback I just posted to Fidelity:

MF search engine excludes Dodge and Cox from its list of fund families. Under 'D' are Direxion Funds, followed by Domini.
Likewise, when trying to find a D&C fund (e.g. DODWX) with the search box in the upper right corner, no fund appears in a pop up (as contrasted with, say, FLPSX). When the search is actually activated, the site goes to the search return page:
https://digital.fidelity.com/search/main?q=DODWX&type=o-NavBar
That search also says that the webserver cannot find DODWX.
Yet the fund page exists:
https://fundresearch.fidelity.com/mutual-funds/summary/256206202

Only D&C is hidden. Funds from Vanguard and Schwab (two other families with $75 transaction fees) are easily found.
Also unavailable on the website (at least I've never found it) is info on whether a given fund (any fund, not just D&C) is eligible for automatic investing. $5 per (additional) purchase is valuable enough when dealing with a $49.95 transaction fee, but even more so when the fund has a $75 transaction fee.
When I asked a phone rep about auto invest eligibility, the response was that "if we sell it, you can invest in it this way." After I pushed back, saying that I'd been blocked on other funds, the rep then checked with the back office. The good news is that the D&C funds (at least the couple that I used as test cases) are eligible for auto invest, as are most funds.

AAII Sentiment Survey, 8/16/23
Bullish remained the top sentiment (35.9%; below average) & bearish remained the bottom sentiment (30.1%; below average); neutral remained the middle sentiment (34.0%; above average); Bull-Bear Spread was +5.8% (below average). Investor concerns: Inflation (still high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (77+ weeks, 2/24/22-now); geopolitical. For the Survey week (Th-Wed), stocks were down, bonds down, oil down sharply, gold down, dollar up. Longer-term rates are rising: Treasury 2-yr 4.97%, 10-yr 4.28%; 30-yr mortgage 7.40% (Bankrate). #AAII #Sentiment #Markets
LINK

I would appreciate the tickers for those 5 to 6 bond ETFs. I'm perplexed as to bonds. Long end ticking up, 10 year clinging to 4.2 but corporate spreads tight so you don't seem to get much extra with IG intermediates. My SMA folks advised me to move from floating rate corporates to a longish duration intermediate when SVP went under, probably thinking Fed was done and had broke something - shortly thereafter a decent amount of gains evaporated and now I'm below my original investment cost from a year ago. Supposed to be so superior to mutual funds . . . .

“Thousands of third-party sellers who ship products themselves will start paying a 2% fee on each sale in October, according to documents reviewed by Bloomberg. That’s on top of the commission — usually 15% — that merchants already pay Amazon to sell products on the popular web store. Several merchants interviewed by Bloomberg interpreted the new fee as an attempt to pressure them into using Amazon’s logistics services rather than fulfilling orders themselves. The company didn’t explain to sellers why the levy was required, but told Bloomberg it will help cover the costs of running a separate infrastructure and measuring its effectiveness.
“Amazon has been accused of having too much power over the some 2 million merchants who use its platform, which captures about 37.6% of all online spending in the US, according to Insider Intelligence, or about six times more than its closest online competitor Walmart Inc. The Federal Trade Commission is in the final stages of preparing an antitrust case against Amazon, and the timing of the new fee took some merchants and consultants by surprise.”
(Originally published by Bloomberg)
https://finance.yahoo.com/news/amazon-imposing-fee-sellers-ship-155714760.html

Good day for utilities, and that's about it. Oh, GISYX showed signs of life. But not enough to sell yet.
I am following WABLX for the IRA, and it was only off .25 % for the day.

I'm shocked. Simply shocked. Who would have thought?

Anybody ever try deciphering the fine print in the mortgage documents they were about to sign?
Geez. I know folks who got hooked into “no prepayment” clauses or excessive fees if they wanted to pay off early. Than there’s the ol’ additional .25% increase in the rate that often occurs between quoted rate and what’s on paper a week later. What often gets me is a clause, which they haven’t disclosed prior to signing, that if FEMA ever reclassifies my area as a designated “flood zone” I’d be required to take on some really expensive added flood insurance. That was a near show-stopper last time around, as a small creek traverses my property. Ahh … finally proceeded. No changes to date. And a 3% mortgage is sweet.

Recent (2022-2023) ZEOIX decline aside, my take back in 2017 was that ZEOIX at the time had slightly better performance than RPHIX but wasn't worth the extra volatility. "If I'm looking for an enhanced cash fund, I'm quite willing to give up a bit of performance for a more stable fund."
https://mutualfundobserver.com/discuss/discussion/comment/87999/#Comment_87999
BTMIX was a fund I lauded when it launched based on its managers' track records. Like @dtconroe, I bailed in early 2022, when it seems like any bond fund that had even a millisecond longer duration was getting creamed.
https://mutualfundobserver.com/discuss/discussion/comment/118183/#Comment_118183
But RPHIX is a unique fund, and IMHO remains a sold "cash substitute". According to Portfolio Visualizer, on a monthly basis it lost 0.02% in March 2022. Its max drawdown was 0.20% later in the year (June 2022). Still, a loss is a loss. Though compared with cash (PV uses 3 mo T-bills from FRED), it outperformed on the year by more than a percent, 2.96% vs 1.82%.
PV 2022 comparison of funds
RPHIX continues to pace cash in 2023 with no monthly losses. YTD (per M*) is 3.14%, putting it on a pace to return 5% or better (especially with interest rates higher now than in Jan). Though that's not a whole lot better than T-bills (remembering that they were yielding less in Jan). Maybe even slightly worse after taxes in a high tax state.
PV 2023 comparison of funds
Applying the same reasoning as with ZEOIX (give up a little yield for stability), T-bills seem better in the short term. But not by a lot either way.

SECURE Act 2.0 Section 307 (see p 2237(!) here) amends IRC Section 408(d)(8) by adding a new subsection (F).
This new tax code provides for a QCD to any "split interest entity" (408(d)(8)(F)(ii)) including (I) a CRAT, (II) a CRUT, or (III) a charitable gift annuity. I haven't yet searched for mix-and-match restrictions, i.e. whether one can contribute to more than one gift annuity or, say a CRAT and a gift annuity. Fidelity seems to think that one cannot mix and match, though it is silent on making QCDs to two entities of the same type.
https://www.fidelitycharitable.org/articles/secure-act-2-0-retirement-provisions.html
Fidelity's page on charitable gift annuities says that they may have mins as low as $5K but depending on the annuity the min could be much higher. OTOH, it also says that CRTs typically have mins of $250K which would exclude most of them from this new section of the tax code.
https://www.fidelitycharitable.org/guidance/philanthropy/charitable-gift-annuity.html
A QCD donation to a split interest entity can only be done in one tax year, similar to the restriction about using an IRA to fund an HSA. You're allowed to make multiple contributions in the same tax year. Keep in mind that if you want the QCD to apply to an RMD, then it must be made before other distributions (standard QCD/RMD rule).
I can understand the loophole about treating the full amount as a QCD even though one receives a taxable benefit later (what Yogi labeled as (i)). Any other treatment would make this whole thing too complicated - that you would get only a partial QCD exemption from taxes. And that would defeat the objective of using a QCD for RMD purposes.
QCD decision flowchart (showing where CGA, CRAT, CRUT fit in, and a paragraph on each).

A M* poster (LINK) noted this new RMD-QCD-annuity, https://ardweb.uchicago.edu/downloads/QCD_to_Fund_a_CGA_One_Pager_2023.pdf
This is modeled after the charitable remainder trust (CRUT/CRAT) with taxable funds. In these, basically (i) the donor gets immediate partial deduction for the imputed value of the "donation" (accounting for annuity "benefit"), and (ii) the payments to beneficiaries are taxable.
In the new RMD-QCD-annuity setup, only (ii) applies as (i) is not completely applicable. But I am surprised that the full amount is counted. So, if one has $50K in this RMD-QCD-annuity, and $50K in outright QCD, one gets some benefits back from the former. This does seem strange but it is more restrictive than CRUT/CRAT from taxable funds (e.g. beneficiaries can be the donor or spouse only, and other restrictions).
Edit/Add, 8/17/23. QCD can only be from T-IRAs, not from 401k/403b (but those can be rolled over into T-IRAs). Note the RMD age of 72+ and QCD age of 70+.

And Howard Marks & a group left TCW before that (1995; founded Oaktree)). In fact, Howard Marks helped Jeffrey Gundlach a LOT (2009) by providing most of the the initial costs to set up DoubleLine (new fund registrations, new office, some basic payments to 12+ people who also quit with Gundlach) - a check for around $20 million for 20% stake in something that may have gone nowhere. But it all turned out good and Marks became a lot more richer.