Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

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

AndyJ

About

Users name
AndyJ
Joined
Visits
13,199
Last Active
Roles
Member

Comments

  • +1 Andy The question is: which trading vehicle is best for this new opportunity- oef or etf (I'm too chicken to buy a closed-end fund!) @Carew, depending on the exact situation, I'd prob'ly lean toward SVARX in an open-end fund. Making bucks after a…
  • The direction of junk corporate yields is up. As measured by the ICE BoA U.S. HY Index Effective Yield, they've blown out to 4.80, the highest they've been in the last year. For me, that means wait a bit to see how high they may go, to maybe grab an…
  • .... It’s interesting, though, that a significant futures fund, AHLPX, is down 4.2% today. The thing is about such funds is they are trend followers generally, positive or negative. When there's a sudden turn like today, it's hard for them to adjust…
  • Doesn't seem like JG's investments are out of synch at all with his market projections; he's mostly in NON-public investments. He's been clear about that in every recent interview I've heard.
  • Good episode; especially good for some counterpoints to conventional wisdom. Nancy L. is one of the macro guests of Consuelo's I most look forward to hearing. I was surprised by the capex figures she cites, and others may be surprised by the infla…
  • I agree there's a place for an actively managed, focused climate solutions oef or etf. I did a halfway serious search about a year ago and came up empty; seemed the cap-weighted index etf's were the best options, and some of them had/have very limit…
  • I like that McClellan chart of the hy divergence and had a look at others in their Chart in Focus series. All good stuff, IMHO worth signing up to receive weekly.
  • . Also RiverPark has RSIVX…somewhat longer duration than RPHYX, but performing relatively well this year it seems. Honestly, if you’re ok with courting risk, IOFIX is as steady as they come .... RSIVX is doing great this year; hadn't thought about …
  • His allocation fund HSAFX isn't all that great, but at least it's up 7% ytd and was up 11% in 2020 (M* figures).
  • Thanks for the Firstrade link, @msf. Works for me with Firefox.
    in A New M* Low Comment by AndyJ October 27
  • Thanks for that link, @Mark. Very perceptive view of ESG investing and whether or not buying “good” companies or funds actually does any good or leads to higher returns. @BenWP - seems like there's always been a tagline about one SRI or ESG investin…
  • Will wonders never cease? The WSJ has a signup on the page OJ linked for a "WSJ Pro Sustainable Business" newsletter.
  • Excellent wonk column from PK.
  • In case anyone has NOT noticed this, the national biz media tends to get a wee bit overly excited about SMALL moves DOWN in markets. Break the 50 dma and there's probably gonna be a CNBC "Markets in turmoil" special coming pretty soon. Ring the re…
  • PEGAX - PIMCO ESG Income fund Forgot that one. I do own it.
  • ICLN (global renewables), PORTX (global quality, heavy U.S. & Europe, no fossil fuels), and PCEBX (Pimco climate bond, acts like a slightly lower vol core bond fund). Don't own any of them now except a fraction of 1% in ICLN to watch for a buyin…
  • The S&P 5c is down now 5.5% from the top, well under the 50d ma, and right at 3.3% more will hit the 200d ma. Doesn't look good at all on the simple technicals.
  • One reason to question whether the mini-selloff in equity has run its course: the S&P 500 hasn't recovered to its 50 day moving average yet.
  • But assuming Xi's rhetoric has teeth, the real play here is not to sell out of China completely, but to switch to small- and mid-cap China stocks. The Matthews China "small companies" fund MCSMX (86% small & mid-cap) has stayed well ahead of t…
  • Got a shopping list and some cash for buying, but I'm nowhere near ready to go for any of it yet. A non-equity interest today: what will high yield rates and structured credit look like at the end of the day? I have a lot of the latter and also th…
  • From what i can tell, Mr. Hwan is on target. Thanks for the report, Matt. No insight to pass on here. I've been meaning to see what's going on with PARWX since Jerome D. stepped back, and think now I'll bring it up to the varsity watchlist and give…
  • Ticker DWC - de-worm covid?
  • @bee: Yes, BRK's a conglomerate. There are also some of those in Europe and Asia, for example Jardine Matheson. Companies with moats are usually thought of as "quality." Here's a M* article with ten funds they considered top of the moat heap back i…
  • Lots of talk, a grand total of one stock as the "one investment," and never a word about mutual funds that own "quality." LC even cited an investment co. that offers mutual funds as the only concrete example of a "quality shareholder" - Neuberger Be…
  • My faith in their information gathering capabilities dove in 2007 when they continued to be unconcerned about the housing bubble after I observed on the ground in Florida how insane the mortgage market had become. I observed the same thing in 2002 …
  • Maybe another crash, and then another investment-of-the-decade opportunity in performing non-agencies that got marked down with the trash. I wouldn't complain if the latter happened again.
  • AndyJ -- you might now be able to get those Pimco institutional funds at Schwab with only a $2,500 minimum. That's the case for PIMIX, anyway. @sfnative, I'm at Fidelity, which offers a sort of secondary I share class for at least some Pimco funds,…
  • WOW I know I was correct to leave Vanguard except for some of the Muni Bond funds. At Schwab I get the same advisor by email, phone, text or whatever It was instant gratification to leave the Vanguard mess some years back. The only thing I miss ev…
  • Yep, ESGV. I think you posted about it earlier, @carew388, and I checked it out and put it on the short watchlist. Good chance I'll buy some. Thanks for the tip.
  • @carew388: There's also a fair bit of slowing & stalling going on in my investment universe just very recently (so far not damaging), e.g., munis, especially hy, and structured credit. It's IEF, EWT, and MSMLX doing the best job of keeping the s…
  • Apparently the TMSRX crew has had more misses than hits lately; ytd is down to +1.13%.
  • Better late than never, or better never than this late?
  • Thanks, @rforno.
  • And I spaced it and missed it. The confirmation email didn't say anything about a recording being available later. Rats. Takeaways, anyone? TIA, AJ
  • Was looking for a HY bond fund that had held up decently ("defensive?") in 1Q 2020. Found EIXIX with a 5.5% SEC Yield. $2,500 min at VGD (TF). May be my newest addition. Seeing that you have the Rational options fund, fyi, they have a non-…
  • Parnassus webinar next Wednesday if anyone's interested... https://parnassus.zoom.us/webinar/register/WN_A4yHk4IkSxyz_EtxUGtngQ Hmm. Characterized as a "strategic partnership." I interpret that as typical verbiage for how AMG assimilates things…
  • Parnassus webinar next Wednesday if anyone's interested... https://parnassus.zoom.us/webinar/register/WN_A4yHk4IkSxyz_EtxUGtngQ Hmm. Characterized as a "strategic partnership."
  • *Semper* Brentview Div Growth Equity, like the Semper of the junk MBS fund SEMPX and the sorta similar short duration debt fund? Yes, it is. Wonder what came over them to stretch into equities, and if they have ambitions of getting their fingers i…
  • For many years the Yahoo historical data for funds included capital gains in the "dividend" historical data. Some time in the last three months, only "dividend-dividends" appear in the amounts. (Go look at a fund that pays sometimes-whopping CG but …
  • @Mav123: Thanks, I'll check out McMillan and Lee. From a quick look, Lee seems to spend some effort on crypto, not something I'm into. H'eye has a bunch of different packages, and they've changed them around quite a bit in the past. Pro is for othe…