Mak'in a list and check'in it thrice......with the understanding that "if" the "cliff" thing does not "burn down the house"; of course, which could be a non-event; as the Mayan calendar thing hits December 21 !!! Heck, congress and the White House folks may not have to make any final decisions, afterall.
I digress.
Account changes are likely coming to this house in early, 2013. --- Current funds that will likely leave; and their monies having to find a new home:
DIHYX, FHIIX, PTTRX, ACITX, DGCIX, OPBYX, PLDDX and DPFFX
--- Existing funds that could receive some of these monies:
FAGIX, SPHIX, FINPX, FSICX, FNMIX, FRIFX
--- Existing funds that may be reduced or otherwise:
FTBFX, FBNDX
--- Funds in consideration (the short list)
PAUIX and/or PAUDX / PASDX, PMZDX or PMZIX
.......also building an equity list, which remains a work in progress, and likely more oriented towards U.S.
With only a bah-zillion choices, we should be finished by the end of February
:
MACSX, SFGIX, GPGOX, GPGIX, ARTHX, ARTKX, FMIJX, VWINX, FBALX
Ok, that's it. Just writing "outloud".
'Course, your input is always welcomed for a house in retirement. Ya, we know; most folks consider our portfolio to be a bit "lite" on the pure equity side of life.
Take care of you and yours,
Catch
Comments
Edit - I just checked M* and it looks like MIEIX is only available to institutional investors, with a 3M minimum initial investment (I had it thru a 401K plan). I couldn't readily see an investor class version.
Any GNMA funds on your radar...Gauranteed by the USofA? Sit has a short governmant fund that I think attempts to navigate the interest rate tide while providing a treasury beating coupon. SNGVX is the ticker. I also like Vanguard's GNMA fund VFIIX. GNMA funds seems to deal with hiccups in the bond and stock market.
Here they are charted against a few of your favorites...and mine...thanks for your contributions here:
We would likely only have mortgage related issues that reside inside of multi-sector bond funds or a perhaps use a more dedicated fund to this sector of one of the sterioid varieties from Pimco or Gundlach. Fidelity has a couple of related funds and we always look inside of Fidelity first to find whether there is something we would like to use that measures up to a task.
My concern today with GNMA and some related funds is affects from refinancing and what pressure this will place upon yields and/or pricing. Not unlike any sector, a favorable viewpoint going forward is important to get folks interested. Currently, it appears there is low favorable interest in this area. This does not mean that this could not be a fairly safe area to obtain a smaller yield with one's monies.
The best part of any of this, more so today, than any other time backwards is the number of choices available; and even to the point of how risky of a bond fund one chooses to use in a given sector or style.
I will add to the list.....PMZDX or PMZIX going forward that would be related to your question. I had forgotten to place this on the penciled, paper list.
The task of rotating some holdings is viewed as a partial challenge into a new investing arena; and we can take some time for decisions, without being rushed.
Take care,
Catch