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.
I like GNMA's for their safety. I have USGNX, but at the end of the month they are changing to be a Government bond fund instead of just GNMA's. Actually government bond funds are a slightly less narrow sleeve than GNMA's. Something like SNGVX co…
This is our largest single holding. MDW has had it for 4+ years.
I think straightforward is what they were going for. Stuff that is inherently bad. Tobacco and liquor aren't inherently bad as they can be fine in moderation. Financials aren't …
AVEDX is my favorite. VDIGX is a good steady offering. TILDX is a riskier offering, dividend with a value bent. I used to own TRP Equity Income which is a bland fund, but decent.
Reply to @Tony: How did the trend following go this year. When intl funds dropped below 200 dma in June-ish I should have cut back, but life and work were busy and I didn't get around to it.
I think I will streamline a little bit. I probably have too many funds. My overweight in intl really hurt this year, but I still think it is good long term. I also plan to consolidate a few accounts. Between MDW and I, I would like to get down t…
Maurice is right that you can't replicate a stable value fund.
However, you can build a conservative portfolio of mutual funds. Just b/c Vanguard is the broker of your account, you can probably still invest in other fund families through their "…
Generally, this is seen as a good thing. The manager is trying to look out for the best interests of its current shareholders, by not overstretching their resources and by not diluting their "best ideas"
Whether or not these "good motives" transla…
I'll try to recommend some go anywhere bond funds.
PUBDX (flexible mandate; can be creative; only one on my list here with negative YTD)
INCMX (fund of funds; momentum fund; largest holding is currently doubline total return)
IRNIX (biased towards…
http://latimesblogs.latimes.com/money_co/2011/09/gundlach-tcw-verdict.html
Interesting, he is not a very likeable guy, but he sure knows how to run a good mutual fund.
Good thread.
I didn't invest in NARFX b/c I already had funds in that space. One of them is AARFX, which I thought would be a good singles hitter. But this fund has underperformed for some time. I have had a very lengthy phone conversation with th…
I still own DODFX. But I sold most of my position in DODGX (which I purchased in 2009) to take profits and re-allocate.
I still like the company. Make no mistake though, they are a traditional value bottom up outfit. Just know what you're getting.
Might be nice if you could click on the time/date of the person's last post to bring you to their last post in the discussion
I think the best new feature would be to allow two letter names ;)
Can you explain the new fee that Fidelity is charging? Is it charging $10 for every fund that you have less than $10k or is it that total assets invested must be more than $10k?
Their website has the following information:
Mutual Fund Low Balance …
I'd prefer the funds that Randy mentions in this space. Mostly because of familiarity though.
Looks like ICRDX has about 10 percent cash and 20% foreign. A bunch of familiar names in their top 25 of large cap, stable dividend companies.
David,
I don't understand what the sticking points were that made the Grandeur Peak folks go off on their own. They wanted a little more freedom and a little lower ER. If the "break" was as amicable as it was made to seem, I would think Wasatch woul…
I own FMLSX and QASIX (available no load at TD Ameritrade) which are long/short type funds. QASIX is very conservative and has been negative on the US for a while (down 2% in 2008 and up 13% in 2009). They place a premium on preservation of capital.…
I took a flying on it. I would have invested in it if it only played the CEF strategy. I didn't really like the tactical asset allocation in addition to the CEF strategy in one fund.
I may be purchasing the Gundlach combination though.
There really isn't a perfect replacement. Here are a few alternatives that are flexible value funds:
ARIVX - Aston River Road Independent Value
Holds lots of cash when market is deemed over valued (recently around 50%). It is called a small value…
Anything low duration and I'd say multi-sector, but make sure that they have a quick trigger finger to adjust allocations. There are lots of multi-sectors that are multi-sector but don't rotate sectors and more or less have fixed allocations. So I g…
I wouldn't have guessed that DODBX would have such a high correlation with the S&P 500. Very interesting exercise MJG and a good suggestion for a simple portfolio.
I just don't know if there are enough elements for me to tweak with though ;)
…
Cathy,
I think it is easier to see the benefits of diversification when looking at rolling returns - say 3 month, ytd, 1 yr, 3 yr, 5yr. I believe you are already doing this, but I think it is easier to see than when looking at daily NAV's being all …
Great discussion all around. I wish I had more time to post a lengthier response.
I just wanted to toss a few risk averse funds into the mix - AARFX and GABCX
AARFX (Or QASIX) Quaker Akros Absolute Return is a conservative long short fund. It is…
According to M*, the top three funds that hold JMHLY:
HighMark Value Momentum Fid 44,600 shares 0.60%
HighMark Large Cap Value Fid 31,050 shares 1.26%
MMA Praxis International Index A 1,684 shares 0.19%
Liberty Street…
I don't know much about this fund. Top 10 holdings look like a pretty vanilla dividend growth fund (which in some cases is a very good thing). Expenses look a little high for a large cap blue chip fund. Not very much AUM. I just haven't heard much a…
