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Good fund. I don't own it now, but will again at some point.
One thing to note about the holdings: they're usually mostly floating rate; current as of the 6/30 fact sheet = 65%.
Any time I run into a snag at Fido, I call a rep (never had to wait on hold) and it's resolved. Only thing worth noting is that there are some issues the first rep you get may not know about; but normally if they don't, they find somebody who does, …
Gotta mention PTRMX. ... dividends are .... extraordinary for a tax-free fund. N'est pas?
Good, but not extraordinary. Look at the price - $25+. The yield's only in the mid-2s.
I've looked at it off and on, being familiar and happy (as you are) wi…
Ten years? Debt, equity, and private equity in renewable energy, electric vehicles, the subset of utilities that comprehend the times we live in, energy efficiency, batteries, materials needed for an energy economy makeover, possibly grid managers .…
A good line, except the new page does work just fine for graphing, but for these ETF-suffix oddball choices.
I fogot the stake, though.
I prefer the old fund ratings & risk pages for the one shorter term data point - 1y up/down capture - missi…
To stay on the legacy pages when you change funds from a legacy link, just replace the ticker in the url with the one you want. (I think that's what David was saying.) Don't use the quote box like we used to do; that route takes you to a new-version…
From OJ's WSJ excerpt(s): "The problem is particularly acute in the fast-growing market for “structured” debt—securities using pools of loans such as commercial and residential mortgages, student loans and other borrowings."
CLOs etc. seem to be th…
I think all modern port stats fall into the "past performance is not predictive" category, as in, why would we even think they would or could be predictive? It's about probabilities, not prediction, and even in that realm their utility depends on ma…
I always wonder about people who are so concerned about immigration but dismiss climate chaos as a problem worthy of their attention. There'll be many times today's migrants headed to higher latitudes as climate refugees when large areas of the heav…
Dunno who or how, Catch, but it's always chief FI investment folks from (mostly) the big houses, with quite a few repeats and at least some of the time, one guest from overseas. I like some of the repeats 'cause you can see their strategy changes ov…
@AndyJ et al
Usually a decent overview and thoughts regarding credit markets and debt issues related. If you've a few extra minutes in the schedule, have a view.
Bloomberg Real Yield program, Aug. 2 (22 minute video)
Good evening,
Catch
Righ…
Long Treasuries are killing it, and the 3m/10y inversion I mentioned recently on another Catch thread is up into nosebleed territory. Hard to imagine the yield drop's going to continue more than a day or two longer (if that) at this pace, in the sho…
Fund Distributions are still listed at Morningstar
Bring up the fund, press Performance.
Under the Returns/Distribution, press Distribution
And the July 26 PPSIX distribution is listed.
Distributions are one (maybe the only?) area where M* provides …
@Catch, sorta but not exactly. That chart's showing cumulative difference in yield movement, including a chunk of time the Fed was in tightening mode. I'm thinking more about the changes since early this year, roughly since the jawboning/tightening …
@AndyJ: there seem to be all sorts of glitches. One that trips me up constantly is the "chart" function that fails to recognize a fund's symbols for the purpose of running a comparison. The app for iPad is also faulty and won't open on the "quote" …
@ msf, good that the old pages are still alive. I don't have any old links, so thanks, I'll hold onto that one.
I wonder if the old pages will still populate with current data after the first of the month. There's hope: I see there's a current pri…
Is true that the "Purchase" function is no longer a part of fund's profile on M*? I have often relied on this button to show all share classes of a fund. I don't see it these days.
Apparently that's the case. It might work to type the name of the fu…
Just looked at the new M* fund pages for PRSNX, and here I thought they couldn't make the portfolio bond holdings info any less useful than it was in the previous incarnation. Now they show only top level holdings info: government, muni, corporate, …
The only specifically investing subscription I have is with Hedgeye. It fits the style I adopted when I retired and has helped a lot with strategic positioning, and it's very much data-driven, also my style. Of non-subscription sources, Bloomberg se…
From my port and watchlists, munis are losing out to roughly comparable (credit/duration) taxables now on a 3-month basis. Not losing $, just stalling a bit from the earlier torrid pace that's made them pricier on a relative basis. But if the big T …
Don't disagree with the article, but my preference for China / Asia bonds is MAINX. I only have 2 bond funds and that is one of them. Not sure where you would go for a Brazilian bond focus.
MAINX is my pick too for Asia. It's part local, part U.S. …
A friend's just back from Normandy, says it's amazing how alive D-Day and the forward progress afterward still are, from day to day, apparently not just right now at anniversary time, in the local culture. The French helped us gain independence from…
@Derf: Apparently the EM index is 74% Asia. Here's SFGIX, showing its benchmark alongside the fund's holdings (scroll down to "World Regions"):
Benchmark
And here's EEM, the MSCI index, corroborating the 74%:
EEM (EM index fund)
I recall the index …
Realistically speaking are their good alternatives to TurboTax and Quicken?
Yes. I do it on paper in ink after doing a first version in pencil. ... I pay my tax by check. I get my refund by check. I send and receive these via the USPS using env…
I've had the pleasure of work excuses to travel to Victoria, Vancouver, smaller towns and villages on Vancouver Is., Whitehorse, Toronto, Ottawa, and Peterborough (Ontario), and have spent a chunk of free time in B.C. and the Yukon. It's always been…
... the rule change the NCAA may enforce is to require the school receiving the transfer to lose a scholarship.
Got it, thanks; a step in the right direction, at least, since I guess there's no going back.
Are any of these "graduate student athletes" really in search of a Master's degree, after all?
“Graduate Student Athlete” ?
A cynic might term that an oxymoron.
If they graduated and still had eligibility (four years, as it's been forever), becau…
Shouldn't be a big surprise about T-Tech making it to the champ game; they were a top team all year, with a couple of lapses, not sure if injuries played a role in those lapses. I recall a talk segment toward the end of the regular season when one o…
I'm writing about categorization of the allocation within funds, which M* totally overhauled some years ago and wrecked a good system.
By analysis, I meant a general term, in other words, drilling down to give an investor what they need to make de…
I bought back into IOFIX last week with profits I took out of riskier CEfs after the big ytd runup began to slow, and looked at the current asset allocation on the web site before I plunked the $ down. It's still 98% residential MBS, but the legacy …
Thanks for the info on the Lipper category, msf. I was thinking of M*, which uses a cutoff of a duration of 4.5y (not 5y as I thought I remembered) between short and intermediate, shown in their category classification document, and like you said, t…
Munis are issued with long maturities, so < 5 is generally considered short duration in the asset class. Lower credit (but nowhere near the risk of similarly rated corporates, as munis are) with some rate sensitivity isn't a bad setup for an unof…
The classist/classic old phartage Lewis writes about is on display in the comments on the article. The problems are lousy wages and high costs, as Barry R. says.
Kudos for incorporating As You Sow's Fossil Free Funds site/data in the ESG analysis. Besides the fossil fuel holdings info, they also provide fund holdings of the Clean 200, defined as companies "leading the way with solutions for the transition to…
The odds against winning three straight games decided in the final seconds caught up with Duke. If they hadn't tried to force the ball inside to ZW so much in crunch time, it might not have come down to the final seconds.
