It is irritating. May be comical?
Schwab has issued ANOTHER corrected 1099 in September involving the SAME short-term muni fund FLTDX from Nuveen/TIAA. Again, the changes are for transactional CGs (ST, LT), and not in reported income or CG distributions. As these changes are related to mutual fund cost-basis recordkeeping, the issue can be with Schwab and/or Nuveen/TIAA. The total underreporting of CGs is now $50 (vs $30 in August correction). I may not do anything still.
If you didn't hold FLTDX, this won't apply to you.

Let’s hope that August’s CPI number releases on Tuesday, Sept 13 is lowered than than of July, peaking of inflation maybe the turning point of the Fed to slowdown the rate hike. Many said a 50 bps is more likely. Think I will buy more treasury after the rate hike and hold them to maturity.
I have been trading commodity futures in and out several times this year. Winter is several months away. Energy and food may lead the market again.

Harbor hung on to its tiny m-mkt fund (about $90 million AUM) all through ZIRP and other crises (inception was 12/1987). But now that things are looking better for m-mkts, it decided to shut it. I looked for some rationale in the news but didn't find any. There isn't any warning or alert posted on the website. Did Harbor make arrangements with another m-mkt fund?
https://www.harborcapital.com/fund/HARXX?category=Fixed#Documents

https://www.sec.gov/Archives/edgar/data/793769/000119312522242476/d384549d497.htm
497 1 d384549d497.htm HARBOR FUND - SAI SUPPLEMENT
 
111 South Wacker Drive, 34th Floor
Chicago, IL 60606-4302
harborcapital.com
Supplement to Statement of Additional Information dated March 1, 2022
September 12, 2022
Harbor Funds’ Board of Trustees has determined to liquidate and dissolve Harbor Emerging Markets Equity Fund and Harbor Money Market Fund (each, a “Fund”). The liquidation of each Fund is expected to occur on December 9, 2022 (the “Liquidation Date”). The liquidation proceeds will be distributed to any remaining shareholders of the Funds on the Liquidation Date.
Shareholders may exchange shares of a Fund for another Harbor fund, or redeem shares out of a Fund, in accordance with Harbor’s exchange and redemption policies as set forth in the Funds’ prospectus, until the Liquidation Date.
In order to ready the Funds for liquidation, each Fund’s portfolio of investments will be transitioned prior to the planned Liquidation Date to one that consists of all or substantially all cash, cash equivalents and debt securities with remaining maturities of less than one year. As a result, shareholders should no longer expect that each Fund will seek to achieve its investment objective as stated in the Funds’ prospectus.
Because the Fund will be liquidating, Harbor Emerging Markets Equity Fund is now closed to new investors. Harbor Money Market Fund was closed to new investors after the close of business on Friday, May 15, 2020 and will remain closed. The Funds will no longer accept additional investments from existing shareholders beginning on November 25, 2022. As of the Liquidation Date, the checkwriting privilege for shareholders in Harbor Money Market Fund will terminate. Effective immediately, check books will no longer be issued. Any checks written prior to the date of this supplement will be honored. Any checks written after the date of this supplement will be payable until the Liquidation Date.

Another piece of the puzzle, at least in 2021, last time I held any shares in it, was that a chunk of the distribution was ROC. At one point in the last quarter, the ROC for the year was 50% of the total distribution. The actual income was pitiful.

https://www.sec.gov/Archives/edgar/data/806633/000119312522239572/d269934d497.htm
The following funds are no longer "soft-closed":
-Wasatch Core Growth
-Wasatch Small Cap Growth
-Wasatch Ultra Growth
-Wasatch Small Cap Value
-Wasatch Micro Cap
-Wasatch International Opportunities

Yes sireee
-24 or 27% haircuts last downturns ( could not remember)
-17% now
Coming back slowly
Forgot added VHT tech also last wk
Friends also loaded ton slv gold 7d ago

@JohnN. It almost sounds as if you're operating your own mutual fund(?)
1. Choose securities adroitly, selectively.
2. Invest in a handful.
3. Leave it alone.
:)

Edgar reports PRWCX's quarterly GE holdings as:
12/31/21 25,143,114 shares, 4.41% of holdings
03/31/22 21,712,776 shares, 3.80%
06/30/22 21,005,868 shares, 2.93%
GE stock is nearly unchanged since 07/31 (ignoring the 8¢ dividend on 08/25). It would have to be less than 2.19% of PRWCX assets to fall off the 08/31 top ten list. That's ~27% less than the 3.01% at the end of July, so it looks like a healthy fraction, if not all, was sold during August.

From this week’s Barron’s (September 12):
“The Federal Reserve now owns about a third of both the Treasury and mortgage-backed-securities markets as a result of its emergency asset-buying to prop up the U.S. economy during the Covid-19 pandemic. Two years of so-called quantitative easing doubled the central bank's balance sheet to $9 trillion, equivalent to roughly 40% of the nation's gross domestic product.”
What could possibly go wrong?

Had a boss once at a garage where we did vehicle repair who’d quip, “We’ll fix it or f*** it.”
Crap. Getting too OT on the thread. Umm … I used M* very little. But had a great link to Lipper thru Reuters I relied on for about a decade. Went blank couple months ago. Nothing I’ve found compares. So much performance data at a glance. Everything from 1-week to 1-month to 3-months out, etc. Highly accurate so that with etfs those performance numbers were constantly updated all day long. Great way to see how an investment was reacting to financial news / events.
As I inferred, investing got a bit harder when I lost that Lipper link. There are other Lipper links at M/Watch, but they do not have the same data and layout as the old one. As for trackers, M* did me a favor by shutting down the archaic service. The IOS app I use now for pennies a day is infinitely superior.

@sma3, VG website works best on Chrome (some say Firefox too). Safari works fairly but NOT when you want to buy CD. Strange that VG did not ensure that all browsers work without question.
With respect to 1099s, make sure you set up for “electronic delivery” as well. You will get email notification when 1099s are available before the paper copies get send. Typically you can get the electronic copy a week earlier before the paper copies arrive. Over time, I found that is easier to obtain and organize all 1099s in one place for tax purposes.

Hi Sirs (Crash Hank Yogibearbull) been dca weekly sp500 and xlf great long terms good vehicles... Can't go wrong w SPY and XLF)
Also 50 bucks monthly into bit coins btc-cash(BCHUSD) prob think sale once BTC get to 45 50k or so see how memontum turns in 12 24 MONTHS ....who knows may run up to 78k again w new bull cycles (may run 3 4 more yrs)... Also added lithium etf and SGML Chpt last wk. Musk think these will tripple in 4 5 yrs
Also dca monthly into TNA SPXL TQQQ
Maybe easier and more lazy way to do
Lots pundits saying we maybe near bottom 8th of fear/bear cycle run (last 7-9 months) hard to say. Price may not be cheaper in 3 months
Sometime no time to find good vehicles like you did weekly scalpings other wise/good finds will do more research.
Rumors on Wall Street say Hedge funds started to buy small caps etf last wk or so thinking new bull cycles emerging/baby bull born??!!! ... We will find out in 7-12 wks... If Feds pivoting ease Qt Oct meeting
Good luck.. Thank you for suggestions

It is a good start for many. It helps to visualize how much one gets monthly if their 401(k) are annuitizes. Same goes for one’s social security (depends on when the withdrawal dates). If one fortunate to have a pension plan from their employers, one can get an estimate on that too. The sum of these three sources of income after retirement give a decent estimate on the potential monthly income.
Fidelity has a decent retirement calculator to estimate your income and your expect withdrawal amount. Still there are other parts including insurance and other expense not included.

The Secure Act 2019 requires 401k/403b plans to provide lifetime retirement income illustrations in statements. The first efforts will meet the letter but not the spirit of the law. It seems that most plans will just provide how much lifetime income annuity the current balance could buy if the participant was of retirement age TODAY. This may not be meaningful at all as it ignores potential future contributions, higher accumulations due to interest credits alone, changes in rate environments, etc. Of course, any assumptions made on those may also be controversial.
One way could be to use estimates similar to the ones used for deferred-income annuity (bought earlier for income to start later). At least some accepted methodologies exist for those.
Another way could be similar to how the insurance industry handles cash value illustrations. So, multiple assumed rates (2+) could be used and contributions may be assumed at the current level and with some assumed escalation. That may lead to 4+ possible retirement income streams that may be more helpful.
Whatever is done would involve some controversy.
https://money.yahoo.com/401-k-statements-retirement-savings-181646060.html
https://waysandmeans.house.gov/sites/democrats.waysandmeans.house.gov/files/documents/SECURE Act section by section.pdf
https://ybbpersonalfinance.proboards.com/thread/342/401k-statements-lifetime-income-illustrations

+1

Doesn't seem like there's much of a case for that fund right now: distribution yield is right at 2%, with capital risk and bonds still under pressure, when you can get that or more in a money market fund (e.g., FZDXX at 2.21%) or T-bill held to maturity, without capital risk (just bought a 13-wk. bill at 2.965%).

I’ve watched / listened “off & on” a few times over the day (background noise). I do think all the guests (perhaps except Summers) were very positive on high yield bonds - seeing more growth & value potential there than in equities. Most, especially Blackrock’s Rieder, also mentioned that some select areas of the stock market have potential - but more of a waiting game. Overall, they cast a cloud over the equity markets.

Agree. Reider is enjoyable to listen to. From the Dept. of Confirmation Bias: I'm glad for my 11% of portfolio in junk bonds TUHYX.

Price website shows Top 10 monthly. I suppose after admitting that he was frustrated and not happy with GE, he decided to sell - it is gone from Top 10 but he may be holding a small position. Here is the monthly status of GE (scroll to Holdings/Top 10 Holdings),
https://www.troweprice.com/financial-intermediary/us/en/investments/mutual-funds/us-products/capital-appreciation-fund.html
Date, %, #
12/31/21, 4.41%, 4
1/31/22, 4.59%, 4
2/28/22, 4.67%, 3
3/31/22, 3.79%, 3
4/30/22, 3.22%, 2
5/31/22, 3.38%, 3
6/30/22, 3.05%, 4
7/31/22, 3.01%, 4
8/31/22, Gone from Top 10