It has underperformed both VWELX and VBINX
???
PRWCX 5 year performance (through 9/26/25): 11.65% (annualized)
VWELX 5 year performance (through 9/26/25): 10.52%
VBINX 5 year performance (through 9/26/25): 9.25%
Portfolio Visualizer gives similar results when looking at returns from Sept 2020 - Aug 2025.

That’s interesting. Appreciate your comment. I used Chart Fund on M*; Growth including Dividends; 5 year period. For some reason it provided me with different results and I’m not sure why. Definitely wasn’t knowingly providing false information.

:) strikes me as entirely excellent for a low-drama, low ulcer strategy.”

Not necessarily. There are actually several production methods for making steel- for example, the electric-arc method.

The U. S. National Coal Council (NCC) also completed a report on REEs and CMs in October 2021, entitled “Carbon Forward – Advanced Markets for Value-Added Products from Coal.” The National Coal Council at that time was a Federal Advisory Committee established under the authority of the DOE. The NCC report addressed recovery of REEs and CMs from coal and concluded “Recovering REEs from coal waste resources would have numerous advantages. Mining and logistics costs would be negligible compared with traditional REE/CM mining methods. The carbon resources are “shovel ready” in that they are surface mine reserves and the material is already beneficiated for the most part, requiring less energy and expense to produce. These factors significantly reduce the cost of extraction and separation. Distribution of REE separation plants sited at or near the reserve sites would eliminate the need for extensive transportation. Finally, REE recovery from waste carbon material would aid in the mitigation of legacy environmental issues associated with waste coal disposal ponds.”

Coal ash, the powdery residue left after burning coal for fuel, has accumulated across the United States for decades. New research from the University of Texas at Austin reveals that this vast supply contains enough rare earth elements to significantly strengthen the nation’s reserves without the need for additional mining.

DOE has made many advancements toward the recovery of REE and CM
from coal and coal byproducts—identifying significant REE resources in coal and coal
byproducts and in what quantities and combinations, demonstrating that they can be extracted
from coal, coal measures, coal ash, coal refuse, and acid mine drainage, and establishing first-
of-a-kind pilots that produce high purity REE from these feedstocks. Nonetheless, there is
much more work to be done before coal and coal byproducts can become part of the
foundational supply for domestic critical mineral supply chains. Additional research activities
have been initiated to address these research needs and technical challenges.

“The model is if you’re already moving rock, could you move a little more rock for resources towards energy transition?” Birgenheier said. “In those areas, we’re finding that the rare earth elements are concentrated in fine-grain shale units, the muddy shales that are above and below the coal seams.”

While nobody knows exactly how much rare earth material there is hiding in coal ash piles, waste ponds, and acid mine drainage sites around the country, Alvin says that in the Appalachian region alone, an estimated 6,000 metric tons of rare earths flow through acid mine drainage sites each year. The United States’ annual rare earth demand stands at around 12,000 to 13,000 metric tons.

break[s] down the history of the sought-after relief, the potential advantages to such a structure for mutual fund sponsors and shareholders, and share their insights into the SEC’s reluctance to grant such relief, while ultimately arguing that the approval of these applications is the proper step for the SEC to take.