Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
2015 Asset Class Performance — Indexes, Sectors, Bonds, Commodities, Countries And Currencies
@Ted, thanks for this link. Wondering why Bespoke would use only "price change" for YTD for this list. This method does not reflect the "total return" which for some of these sectors may be +2% more than shown for Bespoke's "price only". Surely not a true reflection of the investment for anyone casually or quickly viewing this list, IMO.
The Capital Spectator By James Picerno | Jan 4, 2016 at 06:34 am EST It’s official—2015 was a rotten year for the major asset classes. Other than a measly 2.5% total return in US real estate investment trusts (REITs) and fractional gains in US stocks and investment-grade bonds, the year just passed delivered black eyes to most of the broadly defined slices of the global asset pie. If you don’t mind a round of statistical abuse, let’s review the numbers. Will the year ahead deliver something better? For the moment, Mr. Market’s ex ante clues don’t look especially encouraging. But expected returns–and risk–vary through time, which is a reminder that a robust system for risk-management and analysis will probably be especially valuable in the year to come. http://www.capitalspectator.com/major-asset-classes-december-2015-performance-review/
@Junkster S&P Municipal Bond High Yield Index 1 YR LAUNCH DATE: DEC 31, 2000 246.90 2.84 %▲
Comments
Wondering why Bespoke would use only "price change" for YTD for this list. This method does not reflect the "total return" which for some of these sectors may be +2% more than shown for Bespoke's "price only". Surely not a true reflection of the investment for anyone casually or quickly viewing this list, IMO.
It’s official—2015 was a rotten year for the major asset classes. Other than a measly 2.5% total return in US real estate investment trusts (REITs) and fractional gains in US stocks and investment-grade bonds, the year just passed delivered black eyes to most of the broadly defined slices of the global asset pie. If you don’t mind a round of statistical abuse, let’s review the numbers.
http://www.capitalspectator.com/major-asset-classes-december-2015-performance-review/
@Junkster
S&P Municipal Bond High Yield Index 1 YR
LAUNCH DATE: DEC 31, 2000
246.90 2.84 %▲
S&P Municipal Bond High Yield Index 5 YR
LAUNCH DATE: DEC 31, 2000
246.90 8.06 %▲
http://us.spindices.com/indices/fixed-income/sp-municipal-bond-high-yield-index
https://www.spdrs.com/product/fund.seam?ticker=HYMB
C E F Invesco Municipal Income Opp Trust (NYSE:OIA
https://www.google.com/finance?q=NYSE:OIA&ei=tYSKVuLHMZbVjAHQvouoAw