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.
Looking at our client portfolios, the positions in Price Capital Appreciation PRWCX, Vanguard Wellington VWELX, and Loomis Bond LSBDX are probably 20+ years. But other long-held funds include Osterweis OSTFX, Artisan Mid Cap ARTMX, First Eagle SGOVX, Oppenheimer Developing Mkts ODVYX, Ivy Asset Strategy IVAEX, Oakmark OAKBX, Permanent PRPFX, Thornburg TIBIX, Osterweis OSTIX, and Templeton TGBAX. All of these are at least 10 years, many are practically since the fund opened.
Personally, I have owned EUROX since it first started up. It has been all over the place, but because I added to it and captured gains along the years, it has been a good holding for me, averaging more than 10% annually. But it is not something most investors could handle.
There are some we wish we held that we no longer do, but fortunately that list is small. I suspect we all have some of those "should-of" funds.
I wanted to recap this thread the best I can. First of all, thanks to all for the contributions. For some odd reason, I thought the number of holdings extending beyond 10 years would be slight....what in God's name was I thinking?
Listed below are those held more than 10 years per responses:
ACRNX Columbia Acorn ARTJX Artisan International Small Cap ARTKX Artisan International Value ARTMX Artisan Mid Cap ARTVX Artisan Small Cap Value BSCFX Baron Small Cap DODBX Dodge & Cox Balanced EUROX U.S. Global Investors Eastern European FCNTX Fidelity Contra Fund HABDX Harbor Bond IVAEX Ivy Asset Strategy LSBDX Loomis Sayles Bond MACSX Matthews Asian Growth and Income MAPTX Matthews Pacific Tiger MEURX Mutual European Fd (Series of Franklin Mutual Ser Fd Inc.) MSILX Litman Gregory Masters International OAKBX Oakmark Equity and Income OARIX Oakmark International ODVYX Oppenheimer Developing Markets OSTFX Osterweis Fund OSTIX Osterweis Strategic Income PCVAX AllianzGI NFJ Small-Cap Value PRBLX Parnassus Income Trust- Equity Income PRPFX Permanent Pt PRWCX T. Rowe Price Capital Appreciation RPIBX T. Rowe Price International Bond RPMGX T. Rowe Price Mid-Cap Growth SINAX ClearBridge Large Cap Value SEQUX Sequoia SGOVX First Eagle Overseas TBGVX Tweedy Browne Global Value TGBAX Templeton Global Bond TIBIX Thornburg Investment Income Builder TWVLX American Century Value Investor VGHCX Vanguard Specialized Portfolios Health Care VHCOX Vanguard Capital Opportunity VISVX Vanguard Index Trust Small-Cap Value VPMCX Vanguard Primecap VWELX Vanguard Wellington
What great fund pickers we are!!!
Frankly, I think this says a great deal about the folks who visit this site, and particularly the individual (David) who operates the site which draws us in like moths to a flame...ok, bad analogy.
Many of the funds listed were not popular, trendy or acclaimed 10 years ago...but they are now. The key is finding these types of funds early...and that is what I hope to get from this site, and fellow posters.
On a personal note, it was interesting to see that while I only have owned 2 funds for over 10 years, I own 11 of the funds on this list currently.
TRP Healthscience since 2003. Had DCAd into it till about 2007. It barely dipped below what I paid for the shares and has been a steady performer. I have used big chunks of it to start and/or add to EM BOnd positions. Keeping an eye on it with the skipper leaving.
HAINX Held since 1992, took some profits over the years, still holding it. LLPFX - Held since 1995. LLSCX - Held since 1997. Fund closed shortly after I got in. Management says they doubt they will ever reopen it. RPMGX - Held since 1999 (currently closed). HABDX - Held since 2000 DODGX - Held since 2003 VINEX - Held since 2003 FCNTX - Held since 2004 ARTQX - Held since 2005 (currently closed). PRHSX - Held since 2005
since this is a mutual fund board, I suppose you meant longest MF, but since some have listed stock, that's easy, I have owned BA since 1978 and PCP since 1979, also sold some in that time period. Others are ELN, PEP, NOV. For mutual fund, PRWCX, since 2005, OAKBX since 2004. SGENX since 2004.
Comments
BWG
Personally, I have owned EUROX since it first started up. It has been all over the place, but because I added to it and captured gains along the years, it has been a good holding for me, averaging more than 10% annually. But it is not something most investors could handle.
There are some we wish we held that we no longer do, but fortunately that list is small. I suspect we all have some of those "should-of" funds.
I wanted to recap this thread the best I can. First of all, thanks to all for the contributions. For some odd reason, I thought the number of holdings extending beyond 10 years would be slight....what in God's name was I thinking?
Listed below are those held more than 10 years per responses:
ACRNX Columbia Acorn
ARTJX Artisan International Small Cap
ARTKX Artisan International Value
ARTMX Artisan Mid Cap
ARTVX Artisan Small Cap Value
BSCFX Baron Small Cap
DODBX Dodge & Cox Balanced
EUROX U.S. Global Investors Eastern European
FCNTX Fidelity Contra Fund
HABDX Harbor Bond
IVAEX Ivy Asset Strategy
LSBDX Loomis Sayles Bond
MACSX Matthews Asian Growth and Income
MAPTX Matthews Pacific Tiger
MEURX Mutual European Fd (Series of Franklin Mutual Ser Fd Inc.)
MSILX Litman Gregory Masters International
OAKBX Oakmark Equity and Income
OARIX Oakmark International
ODVYX Oppenheimer Developing Markets
OSTFX Osterweis Fund
OSTIX Osterweis Strategic Income
PCVAX AllianzGI NFJ Small-Cap Value
PRBLX Parnassus Income Trust- Equity Income
PRPFX Permanent Pt
PRWCX T. Rowe Price Capital Appreciation
RPIBX T. Rowe Price International Bond
RPMGX T. Rowe Price Mid-Cap Growth
SINAX ClearBridge Large Cap Value
SEQUX Sequoia
SGOVX First Eagle Overseas
TBGVX Tweedy Browne Global Value
TGBAX Templeton Global Bond
TIBIX Thornburg Investment Income Builder
TWVLX American Century Value Investor
VGHCX Vanguard Specialized Portfolios Health Care
VHCOX Vanguard Capital Opportunity
VISVX Vanguard Index Trust Small-Cap Value
VPMCX Vanguard Primecap
VWELX Vanguard Wellington
What great fund pickers we are!!!
Frankly, I think this says a great deal about the folks who visit this site, and particularly the individual (David) who operates the site which draws us in like moths to a flame...ok, bad analogy.
Many of the funds listed were not popular, trendy or acclaimed 10 years ago...but they are now. The key is finding these types of funds early...and that is what I hope to get from this site, and fellow posters.
On a personal note, it was interesting to see that while I only have owned 2 funds for over 10 years, I own 11 of the funds on this list currently.
thanks,
Press
1. FPA Crescent FPACX
2. Permanent Portfolio PRPFX
3. Berwyn income BERIX
4. Vanguard Wellesley WVINX
For Small cap
1.Vanguard Small cap Tax Managed VSTMX
2. Fidelity Small Discovery Fund FSCRX
Mid Cap
1. Vanguard Mid Cap index VIMAX
2. Artisan Mid Cap ARTMX
Large Cap
1. Yacktman Fund YACKX
Global
1. Mutual Series Global Discovery Class Z MDISX
Some of these funds I have had for a very long time such as the Z class MDISX which was bought years ago by the Templeton Franklin Company.
prinx
LLPFX - Held since 1995.
LLSCX - Held since 1997. Fund closed shortly after I got in. Management says they doubt they will ever reopen it.
RPMGX - Held since 1999 (currently closed).
HABDX - Held since 2000
DODGX - Held since 2003
VINEX - Held since 2003
FCNTX - Held since 2004
ARTQX - Held since 2005 (currently closed).
PRHSX - Held since 2005