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FYI: As the stock market approaches the three-quarter pole for the year, small-cap mutual funds dominate the pack of front-runners. Six of the 10 top-performing U.S. diversified funds are small-cap funds, says Morningstar Inc. Regards, Ted http://license.icopyright.net/user/viewFreeUse.act?fuid=MjA0ODMzMDU=
A commendable list Ted. Of course, on a percentage basis of all available funds, this group of leaders represents only a very small number.
I'm not aware of anything I own that's up year-to-date, with the exception of PRWCX which was still about 3% above water as of yesterday. Price's ultra-short, TRBUX probably is, but I'm not currently in it.
Even my most conservative (income focused) funds are down: RPSIX, TRRIX & DODIX, each by a percent or so. In the case of the first, it appears their 12.5% allocation to PRFDX (equity-income) is really hurting. (That fund is off around 8% YTD).
My two balanced funds, DODBX and RPGAX, are both down - but the second by only a small amount. ---
Brings to mind the Depression era line, "Brother, can you spare a dime? "
Over 10% of the portfolio in TVIX. MCXAX could get have some nasty mean reversion, but I'm amazed that leveraged volatility is finally in a mutual fund wrapper.
Many HC funds are plus double digits still this year. I tend not to examine YTD figures too often, so was surprised to see one of the stalwarts, RPMGX, up almost 7%. In both taxable and after tax accounts, it's one of those funds I just don't need to worry about.
@VintageFreak yes, as I've stated, it's not for the faint-hearted. And some days, it's up over 5%. The challenge is knowing when to put in more money. I have a small position in it...probably .00001% of my portfolio. It keeps things interesting! Always a surprise to see how it's done on any given day!
Many HC funds are plus double digits still this year. I tend not to examine YTD figures too often, so was surprised to see one of the stalwarts, RPMGX, up almost 7%. In both taxable and after tax accounts, it's one of those funds I just don't need to worry about.
Not quite 7%. However, you have to be kidding me. Not worry about it. You should worry. You got RPMGX, I got BOPAX. I sold some BOPAX.
I would rather be lucky than good. Rather, the moment I start thinking I'm good...I worry about that moment.
@VintageFreak didn't do the actual math...I don't live in Cancun...just wanted to emphasize that I own a VERY small position in MCXAX, so unless you want ulcers, don't put a lot of pesos in it!
@VintageFreak didn't do the actual math...I don't live in Cancun...just wanted to emphasize that I own a VERY small position in MCXAX, so unless you want ulcers, don't put a lot of pesos in it!
Comments
I'm not aware of anything I own that's up year-to-date, with the exception of PRWCX which was still about 3% above water as of yesterday. Price's ultra-short, TRBUX probably is, but I'm not currently in it.
Even my most conservative (income focused) funds are down: RPSIX, TRRIX & DODIX, each by a percent or so. In the case of the first, it appears their 12.5% allocation to PRFDX (equity-income) is really hurting. (That fund is off around 8% YTD).
My two balanced funds, DODBX and RPGAX, are both down - but the second by only a small amount.
---
Brings to mind the Depression era line, "Brother, can you spare a dime? "
Umm ... I'll have to sleep on that one before sending $$.
But the +45% YTD looks appealing!
Wow, plus loading. Wow. Must keep an eye out, though.
Are your retired in Cancun? No? WTF not?
I would rather be lucky than good. Rather, the moment I start thinking I'm good...I worry about that moment.