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.
Support MFO
Donate through PayPal
To have a "private conversation with a user", choose Message
To "post a public message" on someone's profile (Activity Wall), choose add comment.
I was reading your post on the thread Buy Sell Why, regarding WABAC selling PRBLX, and as I own it, I would appreciate getting more of your thoughts.
I have owned the fund as an S&P 500 replacement fund in an IRA account. When I look at M* 9 box, Vanguard 500 Index has 40% in the LCG box compared to 34% for PRBLX, 26% in LCC compared to 47% in PRBLX, and 16% in LCV compared to 13% in PRBLX. Based on these percentages, it would seem to me that the Index 500 is more growthy than PRBLX.
Looks like you are still blocking my access to armchair Let me know for how long If you sent me a private message, I can't read it. My email is [email protected]
Per your post, MGGIX was up yesterday. There is another Morgan Stanley fund that I try to follow, MAPPX, that I see was also up yesterday.
Why do these two funds go up when the market is down and seemingly down when the market is up? I looked at their holdings on M* but I am not understanding the cause.
rforno, In answer to your question. My account was established years ago at Edward Jones and as long as I buy A or C share mutual funds there is no wrap fee on the account or any other brokerage fees associated with this account. Should I buy an etf that has no 12b1 fee associated with it then the account becomes subject to a wrap fee at better than 1%. Therefore, I hold no etf's.
Generally, I buy C shares if I plan on holding the fund position for a short period of time and/or I don't choose to do a nav transfer from another fund to establish the new position.
