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decisions prcfx for prfdx?

CrashCrash
in Fund Discussions
I'll wait for the upcoming end-of-year handouts. after that, i believe i'll switch out of prfdx. too volatile. i got into it for the fact that it offered quarterly dividends with the growth from stocks, as well. but that was before prcfx even existed. i like monthly dividends even more. just a personal preference. and as for risk comparison---- prfdx is rated to be more aggressive by quite a bit, thus explaining the torrid (often) and contrarian ups and downs. disappointing me of late, especially. prcfx is almost 42 in stocks and 53 in bonds. that would be just fine with me at this point in the game.

bhb bar harbor bank has been quite good to me, but falling down on the job in recent days. stinky poopy. the beta on that puppy is 1.15 and it shows in the share price from day to day. we are a week away from a dividend, and it's sinking, sinking. stinky poopy.

in the other direction, there's et, energy transfer. k-1 tax form. but it's facing litigation from the williams companies. the last time that happened, et got shellacked in court. nevertheless, the share price continues to climb. a real keeper--- as is bar harbor. too high a beta, but i can't find anything else to substitute for it. what's a mother to do?

otherwise, i'm continuing to grow weitz core-plus, wcpnx. happy motoring, everyone. the one handed typist, post-surgery, wishes you a deadly fun week-end.

Comments

  • stillersstillers
    edited December 7
    I'll just address LV OEF PRFDX. It has never been on our radar as there are many better choices in its category. FWIW, if interested, in the LV cat, our choices are OAKMX and DAGVX. DAGVX has paid its YE divie. OAKMX is scheduled to pay this week.
  • CrashCrash
    thank you. i will look at it now.:)
  • MikeMMikeM
    edited December 7
    Hi @Crash. Something maybe out-of-the-box for you, but if you wanted an equity type fund with less volatility than a traditional stock fund, you might consider PHEFX. I definitely like this type of way to put equities to my portfolio having a smoother ride than a traditional equity fund. I've held JHQAX for many years and added PHEFX when it became available last year to go along side it. I've been adding to it since.

    Just another idea to reduce equity fluctuations but stay in the equity game.

    edit-add: I also own a lot of PRCFX, so I have nothing against that choice. Much more conservative though.
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