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Thanks, OJ. Guess I stopped reading that thread a little too soon.Yes, this situation has been discussed in detail in the "M* screwing everything up again" thread. There's likely no fix for this situation.
Thanks Rbrt. The oldest closed-end fund is older than the oldest open-end fund, and the closed-end category had far more assets at the end of the 1920s. So in theory, if I want to track the long term 'returns actually received by mutual fund owners' I would include these in my sample. Both the SEC 1939 report and Wiesenberger through at least the 1960s give closed-end expense ratios and performance.I don’t think this is what you are looking for - but interesting, none the less.
https://www.marketwatch.com/story/these-4-funds-launched-before-the-great-depression-still-deliver-for-investors-2017-01-07
Fidelity also has apparent inconsistencies. Contrast the MMF prospectus excerpt Yogi provided with this writing in Fidelity's help section (bold in original): "How long does it take for a mutual fund trade to settle? ... Sells and buys of money market funds settle the same day"Not every security will have the same settlement periods. All stocks are T+2, and mutual funds differ but are T+1 and T+2, depending on the fund. However, bonds and some money market funds will vary between T+1, T+2, and T+3.
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Correction—May 5, 2022: This article previously contained an error regarding the settlement date timeline for mutual funds.
Well, you call it price-gouging. But that seems to be popular behavior with every industry these days. -- Airline fares. Agriculture/food. its impossible to go through a burger drive-through without paying +$10/person, for crap 'food' (it may be Solyent Green). My landlord raised the rent 12%. Housing prices are up outrageous sums since the helicopter money was dropped by Jay "Top Gun" Powell.Price gouging !! I just posted about huge increase in monthly, average, natural gas bill.
Derf
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