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Very little fund love today, anywhere......... 3-14-12
Not one fund I have was up today. Worst day in over a year. Only a few stocks up, Boeing , Abbott Labs.. Wellpoint, Elan. Hard to believe with so little movement in market.
Yeah, I had one out of 16 go up also, barely. AHITX- American Funds High Income Trust. ABHIX (American Century High Yield Bond Fund) broke even. Both high-yield stuff...everything else down. Go figure...
Comments
Even long term treasuries went down on a day where the opposite is usually the norm...EDV (-4%) priced at $107ish
Prinx
Tehe!!
Derf
IRNIX
LCMAX
ARBFX
MFLDX
HSGFX
CFIMX
SLASX
FAIRX
WAEMX
The top group is probably due to long short or arbitrage strategies.