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M* has had this problem off and on for years. Plus, you can't tell in M* PM what the as-of date is.
As alternatives, Yahoo's decent, faster and more consistent, and you can keep a simple portfolio for checking everything without a lot of hassle.
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Gundlach has clearly shown more gravitas in the past several months or more.
I think it's the way the press is covering him; his webcasts have always had plenty of meat and serious analysis, macro and micro, going all the way back to the early days…
Ain't that the real question! I'm looking at WAFMX: 4.8% YTD and GPROX: 7.4% YTD, both decent funds, and really wondering about WESNX at some 16%. Seems too good to be true.
Not familiar with WESNX, but here's another maybe similar EM/FM success sto…
Very interesting, Charles. The M* analyst report for GONIX (assuming the details are accurate) has a good description of the strategy.
Basically, it's designed to be 25% net long (120 long, 95 short, but with such a tiny beta that it falls into th…
The "gets it right" piece is about having skin in the game at his company, nothing to do with investment returns, which as finder and the numbers say, have been underwhelming.
Meb F's investing with his own company is commendable, but he must not …
Bee, THOPX is ~ 90% investment grade (mostly BBB) and OSTIX is more than 90% non-investment grade; I don't think you can call those similar holdings. Making a choice between them involves a portfolio allocation decision.
(Now if someone can explain why DSENX has done well through recent volatility.)
I dunno enough about how they run it to know, but I'm mildly interested too. I s'pose the bond sleeve helps in stock selloffs.
Is there any way to keep up with the sect…
Hi OJ, here's what the fact sheet says. Gross is 1.40 and net is 1.14 for the retail shares. Cheers, AJ
Class R (Retail)
NASDAQ Symbol: RNDLX
CUSIP Number: 76881N301
Minimum Initial Investment: $5,000
Minimum IRA Initial Investment: $1,000
Annuali…
Scott- for heaven's sake, don't let a casual throw-away remark govern your discretion. No harm was meant- none should be taken.
Regards- OJ
I agree; though there's a point there in Hank's post, it shouldn't be thought of as directed at Scott, but m…
It's breathtaking how quickly traders jump on any 'oversold'-like opportunity. That article was published today, apparently written a few days ago (it's a little stale on the HY spread peak, which happened last Wednesday per the FRED calculation). W…
Low volatility-focused funds are fairly good at preservation in a downturn, although they typically won't win much of anything in an upmarket. For one month, which pretty much captures the downturn since Sept. 18:
VFIAX (Vanguard's S&P 500 inde…
The 1850-ish support level (I still don't know where that comes from) has held, T rates are up, and energy (both fossil fuels and renewables) is getting a major bid.
Wonder what'll happen in the next five minutes.
With all of the discussion about energy being creamed, look at the drop solar stocks have taken. Once again, we have zero long-term view in this country - the SECOND oil drops in price, solar is thrown out without a moment's hesitation.
Yep, Scott,…
Also overweight the dollar, and no blue skies for foreign stocks or currencies - Cornerstone sees these current trends lasting into the 'long term.' U.S. mega caps aren't such a good play because a large share of revenue comes from abroad, and in fo…
1905 is the 200d simple moving average, which is apparently why he mentions 1900-1905 in the piece. But there's no rationale given for anything he's quoted as saying, so it's anyone's guess.
A blowthrough of the 200d (especially one that's sustain…
@John Chisum: I'm just the messenger, not the message.
Ted, if you don't want that angle to be misunderstood, you need to put quotes around the sentence(s) you quote from the articles you post, as has been said before, and as we all learned in juni…
Hey John - IG = investment grade, AAA-BBB credit rating, the zone that's generally more affected by rate changes, and whose prices typically run in the opposite direction from stocks.
From Barron's blog, a nice summary of YTD action in bonds - remember the talking heads predicting 'nowhere to go but up' when the 10y hit 3%?
Like expatsp said, choice of bonds depends hugely on what else is in the portfolio, and the last few days…
John, like the article says but doesn't go into detail on, there's more to the story than just a general "rising rate scenario." At the most basic level, if it's the Fed raising its key short rate, the part of the curve directly affected is the shor…
WisdomTree has a suite of hedged Japan etf's if that's of interest ... DXJ is the broad-based one.
The Matthews prospectus boilerplate language (for each of its stock funds, under "Principal Investment Risks") says this:
'While the Fund is permi…
Junkster: "To find out which open end are which you don't need to read any prospectus. You can just go to Yahoo finance and click on the historical prices of the fund in question."
Yes! I wanted to highlight this statement, 'cause at least some pro…
BG might do well starting with a low-AUM unconstrained fund, if the BOND-PTTRX history is any guide. Using essentially the same general strategy, BOND whipped PTTRX handily since inception in 2012: +15.5% vs. + 8.4% cumulative, per M* chart function…
I'd also guess cme is the exchange where the interest rate swap is held/was purchased.
Bingo! Chicago Mercantile Exchange. From the intro to the Wikipedia entry for 'CME Group':
"CME Group Inc. (Chicago Mercantile Exchange & Chicago Board of Tr…
rjb, I think "Irs Aud" is "interest rate swap, Australian dollar," which may be effectively a way to hedge the currency risk of owning Aussie debt, which PIMIX has had as a significant position for a while. Somebody correct me on that, please, if it…
