I've used M* premium many moons back. Going by that memory, it had less than 25% of what MFOP provides.
I've yet to see any screener come anywhere close to MFOP at this price point in the 20+ years that I've been using screeners.

Thanks, YBB.
May be I need to get a more basic understanding of where in M* performance data I can access. Currently, I access in M* charts (1 mo, 3 mo, 6 mo, YTD, etc. or customized date range) OR in my portfolio settings (weekly is available). I know Performance tab of each fund has trailing (rolling?) returns (day end, month end, Quarter end, etc.) but I use this tab mostly for fund flows and percentile ranks. Is there a different place in M* where performance data, especially comparative performance, data is available? Is the 1 wk data I am pulling in my portfolio not end of the day 5 day data but 1 week as of last Friday data?
@Catch22, where in M* do you go to pull the comparative fund performance data? I assumed you created a dummy portfolio / watch list with all the funds in your weekly post.
Thanks.

https://www.sec.gov/Archives/edgar/data/2013853/000158064224007455/newagealpha497s.htm
497 1 newagealpha497s.htm 497
NEW AGE ALPHA FUNDS TRUST
NAA Market Neutral Real Estate Fund (the “Fund”)
Class A (Ticker Symbol: GUMAX)
Class C (Ticker Symbol: GUMCX)
Institutional Class (Ticker Symbol: GUMNX)
Class P (Ticker Symbol: GUMPX)
Supplement dated December 9, 2024
To the Fund’s Prospectus and
Statement of Additional Information (“SAI”)
dated September 3, 2024 (as amended)
The Board of Trustees (the “Board”) of New Age Alpha Funds Trust (the “Trust”) has approved a Plan of Liquidation (the “Plan”) for NAA Market Neutral Real Estate Fund, which became effective on December 8, 2024. New Age Alpha Advisors, LLC (d/b/a New Age Alpha) (the “Adviser”), the Fund’s investment adviser, recommended that the Board approve the Plan due to the reduction in assets of the Fund following several large redemptions. Given the Fund’s reduced assets, it may no longer have a sufficient asset base to effectively use certain derivatives as part of its principal investment strategy. Additionally, the Adviser believes it will be unable to attract significant new investor interest to rebuild the Fund’s asset levels in the foreseeable future.
Given these challenges and business considerations, based on the Adviser recommendations, the Board has concluded that it is in the best interest of the Fund’s shareholders to liquidate the Fund. The Fund is expected to liquidate at the close of business on December 20, 2024 (the “Liquidation Date”).
Effective immediately, the Fund is closed to new and subsequent investments. As shareholders redeem shares of the Fund between the date of this Supplement and the Liquidation Date, the Fund may not be able to maintain its stated investment goal and other investment policies. Accordingly, the Fund may deviate from its stated investment goal and other investment policies during the period between the date of this Supplement and the Liquidation Date.
The Fund will declare a dividend to all holders of record on December 12, 2024 consisting of any undistributed income and capital gains (net of available capital loss carryovers). The dividend will be paid to shareholders on December 16, 2024, prior to the Liquidation Date, and will continue to be paid either in cash or in additional shares of the Fund, depending on each shareholder’s current election, as disclosed in the Prospectus. Any remaining shareholders on the Liquidation Date will receive a distribution of their remaining investment value in full liquidation of the Fund based on the instructions listed on your account. The sale or liquidation of your shares will generally be a taxable event. You should consult your tax advisor about your tax situation.
You should read this Supplement in conjunction with the Prospectus and SAI dated September 3, 2024, each as may be amended from time to time, which provide information that you should know about the Fund. These documents are available upon request and without charge by calling the Fund at (833) 840-3937 or at the Fund’s website at www.naafunds.com.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

AR/VR = Augmented Reality / Virtual Reality Glasses...
will they have a feature to help me find my glasses when I put them down?

"The biggest technology story everyone is ignoring is the end of screens. Within the next decade, AR glasses will replace essentially every screen currently in our lives — phones, laptops, tablets, computer monitors, and televisions. The ramifications on the worldwide technology sector will be absolutely massive. It will also be the end of a fully differentiated analog reality as we know it."

Source:
the-tao-of-cal
Ray Ban and Meta Partnership:

“We’re incredibly proud to collaborate with Meta to build this nascent category from the ground up. The new Ray-Ban Meta collection is in a league of its own with features that have never fit inside a pair of glasses before. The world sees you in a pair of your favorite Wayfarer, perhaps with your own prescription and Transitions lenses that go from day to night, but you know you have this powerful universe of tech inside. Meta AI, live streaming, and insanely crisp audio and calling capabilities – all hands-free,” said Rocco Basilico, Chief Wearables Officer for EssilorLuxottica. “This is what we imagined when we first decided to enter this space. Truly wearable, life-enhancing technology. And it will only get better.”

newsroom/press-releases/ray-ban-and-meta-launch-the-next-generation-of-smart-glasses/
meta-ceo-mark-zuckerberg-ar-glasses-orion-ray-bans-ai-decoder-interview
AR vs VR:
ar-glasses-replace-smartphones-future-and-why-ar-and-not-vr-is-the-best-smartphone-replacement
Product Review:
pcmag.com/picks/the-best-smart-glasses

Not the 12 days of Christmas, but close:
Never Heard of "Tax Gain Harvesting"...seems like a good one and doesn't require a wash sale.

Consider Tax Gain Harvesting
If you’re in the 0% capital gains tax bracket, consider selling appreciated investments and repurchasing them to reset your cost basis higher at no tax cost.
Wash sale rules don’t apply to gain harvesting.
Tax gain harvesting could save you taxes in future years when your income might be higher.

Long-Term Capital Gains Tax Brackets Quick Reference (2024)
Filing Status----------0% Capital Gains-------15% Capital Gains-------20% Capital Gains
Single------------------------$0-$47,025----------$47,026-$518,900-----------Over $518,900
Married Filing Jointly-------$0-$94,050----------$94,051-$583,750---------Over $583,750
Head of Household--------$0-$63,000----------$63,001-$551,350----------Over $551,350
make-these-12-must-do-money-moves-before-the-end-of-the-year

@BaluBalu, rolling 4-wk returns would end on Fridays, or if rolling 20-days, the ending would be any day of the week. But typical monthend is 28/29 or 30 or 31. So, there would be slight differences in 4-wk and monthly returns near the monthends. At other times, one shouldn't be comparing them.
At Morningstar, I see data for Day-end, Month-end, Quarter-end. It is probably using 5-day week, 30-day month and 90-day quarter to provide 1-wk, 1-mo, 3-mo data in the Day-end view. It uses calendar Month-end and Quarter-end in those views.
StockCharts has a parameter ROC(12) that is rolling-return over 12 days. I set it to 20 to simulate rolling 4-wks/20-days.

Professional traders (and athletes) consult with psychologists to function at a higher level. So, it is not a bad idea for retail investors as well. One has to evaluate ROI on such an investment.
At the end of the day, you have to execute on knowledge (about yourself) however you obtain it. IMO, only 5% of success depends on knowledge and the rest depends on execution.

Maybe 2008 and 2020 shellacked me into “Scared Straight” attitude that made me fearful of taking risks.
When markets are hot, I realize that markets generally go up, so best to stay fully invested. When markets start going down I think why didn’t I buy protection. Even when I am following disciplined strategy I can’t fully commit. For example, on day in 2020 I was watching VIX explode above 50 and bought double SPY and sold few hours later when VIX fell. Easy 9% for that trade, but not enough funds risked. “Most of the hedge funds on opposite side of my trade must be smarter than me”.

AI comes in different versions, say #1 to #5 with 5 being the highest. For investing & driving I'd take a #5. I have a #2 & 1/2 in my Subie & didn't get what I paid for in my estimation.
Good luck with your AI, Derf

I have never seen a Fidelity fund that was NTF at Schwab. In fact, FBALX and FPURX have a $74.95 TF.
FWIW, CGBL is one of my larger holdings, pretty much since its inception. Also own CGDV. I like the Capital funds.

@BaluBalu

Is there a typo in the sentence before the sentence in bold?

A few of the associated words please. Thank you.
Is there confusion about the weekly changes and then the total YTD, which would include the current week???
.....For the WEEK/YTD, NAV price changes.....= change for the week/YTD is what the letters indicate. For the week and YTD all have a percentage symbol. I can't improve upon this.
As to the etf, PFF. There was a Monday distribution which caused a price drop of .82% on that day. There may have been other actions with the holdings for the entire week that affected the week ending change of -.71%. The etf is indicated to have 3 equity positions and 440 of mostly corp. bonds accounting for 86% of the portfolio. Rated bonds of the BB flavor at 57.4% and BBB flavor at 28.5%.
Only a few more weeks and this will not be of concern.

... I also moved a large percentage of my "taxable" Schwab account, in 2023, to CDs in a local Bank account--those Bank Account CDs can be sold before maturity, with a less "painful" early redemption fee. Also, with all of my Schwab brokerage accounts (taxable and IRA), I maintain MM accounts for liquidity purposes, such as RMD selling obligations each year.

When choosing between a 1 year CD and say, an 18 month CD in a taxable account, it may be worth keeping in mind that the 1 year CD (or any shorter one) might not be taxed until its maturity date. Interest is taxable as credited, which is why getting a CD that pays its interest at maturity makes the interest tax-deferred. The downside is that you don't get monthly interest payments if you need the cash flow.
https://www.seattlebank.com/about/updates/updates-detail.html?cId=84542
If you don't need the cash (possibly not the situation here), you don't need to liquidate IRA holdings to take RMDs. They can be taken in-kind. If the market is up this can be advantageous as you need to distribute (withdraw) fewer shares to meet your RMD requirements. And if the market is down and if you've kept some liquid holdings in the IRA, you can use those for the RMDs instead.
No matter how you take the RMD distribution you owe taxes on the value of the distribution. Unless you use the distribution to make direct qualified charitable distributions (QCDs) to qualified nonprofit/charitable organizations.

Two excerpts from this week’s Barron’s that may relate …
(Excerpt #1) Randall Forsyth comments on scheduled Dec. 18/19 FOMC Meeting …
”Given the largely as-expected jobs report, the federal-funds futures market put an overwhelming 85.1% probability the Federal Open Market Committee would lower its key policy rate by 25 basis points from the current target range of 4.5% to 4.75% at the conclusion of its two-day policy meeting on Dec. 18, according to the CME FedWatch site … That pretty much assumes that the next key data release, November’s consumer price index, doesn’t surprise to the upside.”
”Jobs Data Should Cement a Rate Cut. What’s Uncertain Is Everything Else.”
Author: Randall Forsyth
(Excerpt #2) Provocative reader comment on article ”Inflation Isn’t Dead Yet. How to Protect Your Retirement Income”. I’ve quoted the comment in full, but have omitted name. I’m not expert enough on bonds to have an opinion, but thought this might prompt some informed discussion.
”After inflation bonds at current prices pay almost nothing, and junk bonds aren't much better. Bonds have zero protection against inflation. If you want TIPS (or any bonds) buy them on your own, not in a fund. That way you get paid in full at maturity and don't have to worry about price changes (drops from interest rate increases) before maturity. And don't pay off your mortgage; the Fed and Congress will continue to pay off 3 % of your balance every year, and will probably do a lot better for you. And with inflation supposedly nearing 2 % that is after drops in oil prices. Between Middle East problems, the topping of the Permian, green policy fantasies, and lots else, oil will almost certainly be going up and inflation with it.”
Both excerpts from Barron’s / December 9, 2024

Just for clarification, I fully understand the illiquidity issues of CDs, especially when bought through a brokerage like Schwab. To cope with that illiquidity, I set up a short duration ladder at Schwab for the brokerage CDs--that is why I have 1/3 of my CDs maturing now, and the remaining 2/3 of my CDs maturing at several times throughout 2025. I also moved a large percentage of my "taxable" Schwab account, in 2023, to CDs in a local Bank account--those Bank Account CDs can be sold before maturity, with a less "painful" early redemption fee. Also, with all of my Schwab brokerage accounts (taxable and IRA), I maintain MM accounts for liquidity purposes, such as RMD selling obligations each year. I am required by IRS to liquidate over $50,000 per year, which leads me to pay taxes, while putting those RMD redemptions into my taxable brokerage account and high yield local Bank accounts. When CDs mature, I have to reassess my reinvestment options, but I do maintain a "preservation of asset" approach, collecting dividends each year to offset my redemptions.

MFOP update to include price-based stats (PB-TICKER) is great, @Charles. Here are some data for 2 funds that are cousins - OEF PIMIX, CEF PDI.

Name,        SD,        MAXDD/Date,             Sharpe Ratio,    MFO Risk
PIMIX,         5.2%,     -10.8% / 09/2022,     1.07,                2
PDI,           9.7%,     -24.1% / 03/2020,     0.97,                3               (NAV based stats)
PB-PDI,       14.8%,     -31.9% / 03/2020,     0.61,                4               (Price-based stats)

Price impacts are what CEF holders experience. Fund managers worry about NAVs only.

When iShares released SMAX Large Cap Max Buffer Sep ETF on Oct 1, 2024 the max cap was only 7.4% instead of 10.6% on July 1, 2024 Max Buffer ETF MAXJ.
The VIX was in 12.5 range July 1, but had gone up to 19 range in October, so I suspect that correlation explains the lower cap on SMAX. If VIX stays under 13 on Dec 31, I expect the Jan 2025 ETF will a have cap in 9+ range. If so, that ETF IMO will be a better option than any bond fund.

Good point, Old Joe, that's why I am putting some of the proceeds of any maturing CDs into bond OEFs like CBLDX, DHEAX, ICMUX and RCTIX.
I am also putting money into two low risk market neutral funds like QQMNX (SD=7.2%) and JMNAX (SD=4.4%), and HELO, a hedged equity fund.
So far, so good. If not, I'll just pull the trigger. At my age, I prefer to err on the side of caution.
But, good luck.

HELO states that it hedges, but only has 0.25% in SPY put options. Is that much of a hedge?

Thank you for all your effort. We looking forward to the great articles. Happy holidays.
Edits: another month of outstanding articles. It is time to review our portfolio going into 2025.

@Crash and @Old_Joe
ABALX has a front load of 5.75%. For American Funds, does this indicate that this share class is for use only with an advisor?

Fidelity doesn't waive the front-end load for ABALX.
Fido does offer BALFX sans load with an expense ratio of 0.62% compared to 0.57% for ABALX.
The same situation exists at Schwab.
Class A fund shares are sometimes available load-waived at various brokerages.

@Crash and @Old_Joe
ABALX has a front load of 5.75%. For American Funds, does this indicate that this share class is for use only with an advisor?

Hello.
i really don't know the answer to that. perhaps that's why that note appeared at schwab regarding availability.