@BenWP, @JD_co to be fair had I been thinking right I suppose I should have compared OMFL to a more appropriate benchmark i.e. the Russell 1000 index. Those comparisons are a bit mixed but still reflect well on the fund. Attached is a link to the fund's Fact Sheet.
OMFL Fact Sheet
@BenWP - regarding the funds distributions that was my assumption as well.

Started a position in OMFL. No good reason other than it has beaten the S&P500 for total return over the last 5 years.

Interesting...OMFL has beaten the S&P 500 in each 1 of those 5 calendar years.

Year OMFL S&P 500
2018 -2.57% -4.52%
2019 35.58% 31.33%
2020 20.96% 18.25%
2021 28.96% 28.53%
2022 -13.97% -18.23%
2023 (YTD) 8.78% 7.46%

Does sentiment have anything to do with the extent to which cable networks like Bloomberg cover the markets? More and more Bloomberg’s evening programing consists of taped interviews or hour-long paid commercials. Sometimes that’s the major portion of what appears after market close up until 1:00 AM when they pick up on Asian markets. (I realize not everyone finds the talking heads all that useful or even worth watching. But ISTM that’s a separate issue.)
Just wondering if the recent diminished coverage is because fewer retail investors tune in anymore since they’re discouraged by recent market losses and are seemingly all herding into 5% money market funds, CDs or short-term T-Bills? It may be that to attract a large audience, prosper and provide 24 hour market coverage there needs to be a bull market going in U.S. equities … Of course, all broadcast news has deteriorated markedly of late (excluding PBS). Remember the “hey-days” of the late 90s when cable financial news soared in popularity along with the stock markets? And Rukeyser? Would anyone even watch him in today’s age?
It seems some came to expect 15-25% market returns every year. It ain’t that way folks. :)

Started a position in OMFL. No good reason other than it has beaten the S&P500 for total return over the last 5 years.

https://www.sec.gov/Archives/edgar/data/1511699/000089418923002492/aquixsupplement-liquidation.htm
(I can see the one liners with this one)
97 1 aquixsupplement-liquidation.htm 497
Ecofin Sustainable Water Fund
Supplement dated April 6, 2023 to the Fund’s
Summary Prospectus, Prospectus and Statement of Additional Information (“SAI”),
each dated March 31, 2023, as amended
Based upon a recommendation by Tortoise Capital Advisors, L.L.C. (the “Adviser”), the Board of Trustees (the “Board”) of Managed Portfolio Series (the “Trust”) has approved a plan of liquidation for the Ecofin Sustainable Water Fund (the “Fund”), a series of the Trust, pursuant to which the Fund will be liquidated on or around April 21, 2023 (the “Liquidation” or the “Liquidation Date”). The Adviser has determined that the Fund has limited prospects for meaningful growth. As a result, the Adviser and the Board believe that the Liquidation of the Fund is in the best interests of its shareholders.
In anticipation of the Liquidation, effective as of the close of trading on the New York Stock Exchange (“close of business”) on April 11, 2023, the Fund is closed to new investments. In addition, effective immediately, the Adviser may begin an orderly transition of the Fund’s portfolio securities to cash and cash equivalents and the Fund will cease investing its assets in accordance with its investment objective and policies.
Shareholders may voluntarily redeem shares of the Fund, as described in the Fund’s Prospectus, before the Liquidation Date. Shareholders remaining in the Fund until the Liquidation Date may bear increased transaction fees in connection with the disposition of the Fund’s portfolio holdings. If the Fund has not received your redemption request or other instruction prior to the close of business on April 21, 2023, your shares will be automatically redeemed on the Liquidation Date.
Prior to the Liquidation Date, the Fund may declare one or more dividends to all holders of record as of a date or dates to be determined consisting of any undistributed income and capital gains (net of available capital loss carryovers) of the Fund.
Prior notice of any such dividends will be posted to the following website: https://etp.ecofininvest.com.
If you take no action prior to the Liquidation Date, your shares will be automatically redeemed on the Liquidation Date. Remaining shareholders as of the Liquidation Date will receive a liquidating distribution in an amount equal to the net asset value of their Fund shares, less any required withholding. For shareholders that hold their shares in a taxable account, the redemption of Fund shares will generally be treated as any other redemption of shares (i.e., a sale that may result in a gain or loss for federal income tax purposes).
If you hold your shares in an individual retirement account (an “IRA”), you have 60 days from the date you receive your proceeds to reinvest or “rollover” your proceeds into another IRA and maintain their tax-deferred status. You must notify the Fund’s transfer agent at 855-TCA-FUND (855-822-3863) prior to April 21, 2023 of your intent to rollover your IRA account to avoid withholding deductions from your proceeds.
If the redeemed shares are held in a qualified retirement account such as an IRA, the redemption proceeds may not be subject to current income taxation. You should consult with your tax advisor on the consequences of this redemption to you. Liquidation proceeds will be issued to all shareholders of record as of the close of business on the Liquidation Date.
Please retain this supplement for future reference.

@yogibearbull -
I don’t dispute your historical data on gold or gold miners. (Silver actually peaked sometime in the 70s at double where it is today.) However, in the context of the broader markets, gold’s surge in 2020 wasn’t as remarkable / noteworthy as today, The prior year, 2019, the S&P 500 had risen 29%. And in 2020 it gained another 16%. As your investor sentiment on the stock market shows predominately bearish sentiment today, it might be enlightening to look at sentiment numbers during 2020. Suspect they were higher.
So I believe gold’s advance back then was somewhat overshadowed by the big gains in equities and bullish sentiment among investors. That is far from the case today following a series of rapid Fed rate hikes coupled with a poor prior year (2022) for both stocks and bonds.

Both gold-miners (majors GDX, majors/minors GDXJ) and gold bullion (GLD, lower ER IAU) peaked in July 2020; another attempt was in early-2022.
Now, gold is approaching those highs, but gold-miners are still far from those highs. Chart shows GDX and GLD (bottom panel) for 1-yr (default) - can change timeframes.
https://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=1&mn=0&dy=0&id=p53247840045

Seeking alpha has a pretty good analysis of the impact on SCHW earnings of people moving to higher yielding MMF etc. Not good
https://seekingalpha.com/article/4592585-charles-schwab-not-in-charge

As they say it’s “a market of stocks” rather than a “stock market”. Always opportunity somewhere if you can find it. There’s an important jobs report out tomorrow which is Good Friday. The stock market will be closed so traders will need to wait until Monday to react. May account for some of the turbulence today. Gold finally broke through the $2,000 barrier on the upside but has backtracked today. Silver, of course, has been hotter - but has a reputation for higher volatility.
The major market indexes (ie “the market”) have really confounded a lot of prognosticators I follow. Few foresaw the nice advance in the major indexes since the first of the year. I pulled in my risk exposure slightly last week (as mentioned in the BS thread). But would add to equities after any significant sell off. Bonds don’t excite me with the 10-year under 3.5%. However, if we get into a really serious recession rates will likely decline even further.
Added: From a recent issue of the F/T: “Retail trading reached record levels earlier this year, accounting for almost a quarter of all market activity on some days in late January according to JPMorgan analysts.”

For the week ending on 4/5/23, bearish remained the top sentiment (35.0%; above average) & neutral became the bottom sentiment (31.6%; average); bullish became the middle sentiment (33.3%; below average); Bull-Bear Spread was -1.7% (below average). Investor concerns: Inflation (moderating but high); economy; the Fed; dollar; cryptos; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (58+ weeks, 2/24/22- ); geopolitical. For the Survey week (Th-Wed), stocks were up, bonds up, oil up strongly (OPEC cut production), gold up, dollar down. A huge improvement in the Sentiment this week, possibly a trend change? #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/thread/141/aaii-sentiment-survey-weekly?page=9&scrollTo=1002

https://www.sec.gov/Archives/edgar/data/1140157/000027677623000068/ghy040523reorgsupp.htm
497 1 ghy040523reorgsupp.htm SUPPLEMENT FOR GHY REORG
April 5, 2023
Pioneer Global High Fund
Supplement to the Summary Prospectus, Prospectus
and Statement of Additional Information
each dated March 1, 2023
The Board of Trustees of Pioneer Global High Yield Fund has approved the reorganization of the fund with and into Pioneer High Yield Fund (the “Reorganization”). Each fund is managed by Amundi Asset Management US, Inc. (“Amundi US”). The Reorganization, which does not require shareholder approval, is subject to the satisfaction of certain conditions, and is expected to be completed in the third quarter of 2023...

...I can’t wait either.

Great. On July 5th we will both be placing orders!

Got stopped out of SCHW at 50. It is down to $48 now. Don't think I will jump back in until it is much lower

I've been receiving "unable to connect to server" messages when attempting to log onto my (sole remaining) account at Vanguard since yesterday. Just me or a general issue? Of course they no longer provide actual, real-time contact info on the website.

I bought GS, JPM and MTB last week. I see longer term opportunities in financials.

I'm feeling the same way, though it's difficult to stay convinced, right about now.
In my financials fund PRISX, I'm down since inception of the account by -17%.
I'm faring better with my single-stock bet, BHB. Down since inception by -7.5%.
I thought a regional bank serving those quiet places in northern New England might be immune. But, no. Knock-on effect, surely. The stock is down by -21% at the moment, YTD. I smell bargain.

I don't get fascination in yield for its own sake. Why would one pay (in the form of negative total return) just to get some of one's own money back as divs?
Lifetime total return of TSLY (using Yahoo's adjusted NAV figures) -1.6%
Nov 23 - Apr 3, 16.45/16.72 - 1 = -0.0161 = -1.6%
https://finance.yahoo.com/quote/TSLY/history?p=TSLY
Lifetime total return of OARK (using Yahoo's adjusted NAV figures) -5.1%
Nov 25 - Apr 3, 14.46 / 17.35 - 1 = -0.0513 = -5.1%
https://finance.yahoo.com/quote/OARK/history?p=OARK
A very quick glance at OARK suggests it is using a strategy similar to principal protected (structured) notes, but with additional risks.
It clearly isn't achieving its stated goal of providing long exposure to ARKK via derivatives while generating income with covered calls. ARKK is up about 11% Nov 25 - Apr 3 (36.00 to 39.58, price movement). OARK not only failed to capture any part of this gain, it lost money even after generating income with "covered" calls and Treasuries.
Even YTD, OARK is up 4.57% (total return). ARKK (price) is up over 25%. (OARK's gains are capped; how much of the shortfall is explained by this cap, and how much by its strategy and/or poor execution?)
Gut feeling is that its failure to meet objectives is due in part to daily pricing as opposed to point-to-point pricing generally used by structured notes coupled with a volatile underlying security. But that's really just a superficial reaction.
Note: the subject line has a typo: TSLY, not TSLS

Giroux just moved GE from his Top 5, even Top 10, but GE +GEHC (spinoff) combo still had the weight of 1.84% of AUM on 12/31/22. So, that was down from 2.00-2.25% of AUM earlier (Edit: GE topped at 4.7% of AUM in early-2022) . I think that he will stick with GE until the last spinoff happens next year (Power Vernova). Since October low, GE has done quite well when mid-December spinoff GEHC is taken into account. When GE was his #4 or #5, it was just too much distraction for him in the media as he was asked about it in almost every media interview.

Yes. And frankly I think him (or anyone) holding GEHC and their Aviation group spinoff (whenever it happens) will do well in the long term. I'm interested in them myself.

Hello good morning
What do you folks think about
TSLY OARK monthly dividend very high
50% annuallly
Very volatile
Good hold long terms?

Giroux just moved GE from his Top 5, even Top 10, but GE +GEHC (spinoff) combo still had the weight of 1.84% of AUM on 12/31/22. So, that was down from 2.00-2.25% of AUM earlier (Edit: GE topped at 4.7% of AUM in early-2022) . I think that he will stick with GE until the last spinoff happens next year (Power Vernova). Since October low, GE has done quite well when mid-December spinoff GEHC is taken into account. When GE was his #4 or #5, it was just too much distraction for him in the media as he was asked about it in almost every media interview.