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M*: A High-Quality, High-Conviction Small-Cap Fund
VSCIX and PRDSX. AND MSCFX. Vanguard, TRP, Mairs and Power. In order, 5-year performance: V +13.22/22nd percentile. TRP +13.82/7th percentile. M&P +15.64/1st percentile. (M&P fund is currently CLOSED)
Looks like this may not be a fund that's widely available on decent terms for the average diy investor anyway: PXSGX is institutional, $100k minimum, and PSGAX, the A shares, aren't load waived at Fidelity - possibly elsewhere tho.
But it appears to entail special handling rather than go through the usual channels. The clue is that buying or selling takes three days to settle. Typically funds settle in one day, at least if the brokerage has a working relationship with the fund sponsor.
Comments
I also like BCSIX. Presently closed, but I'm outside waiting for it to reopen. Concentrated in Tech and HC.
Anyone else have a favorite concentrated small cap?
Here's a 10 yr comparison between PXSGX and BCSIX:
Vanguard, TRP, Mairs and Power.
In order, 5-year performance:
V +13.22/22nd percentile.
TRP +13.82/7th percentile.
M&P +15.64/1st percentile. (M&P fund is currently CLOSED)
Small-caps are NOT "on fire" these days....
https://investor.vanguard.com/mutual-funds/profile/fees/K166?FundIntExt=EXT
But it appears to entail special handling rather than go through the usual channels. The clue is that buying or selling takes three days to settle. Typically funds settle in one day, at least if the brokerage has a working relationship with the fund sponsor.
For example, here's the comparable page @Vanguard for PRDSX (1 day settlement):
https://investor.vanguard.com/mutual-funds/profile/fees/1643?FundIntExt=EXT