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 bought XLE a few weeks ago and will add to it in my IRA. I just have a hard time believing that oil prices will be this low in a year or two from now.
Tax Plan : make as much money you can, pay a tax expert, pay your min. allowable taxes, enjoy your income....no charge..thank you...
The purpose of this thread is to gather ideas to reduce my tax burden while still making money. That's my plan and I…
Selling winners also generate taxes. I suggest you stop reinvesting the dividends and capital gains and to the extent you don't need the money reinvest in index funds,. With your FIDO funds putting money into Spartan Total market should work fair…
My 401Ks, Roth IRA and other tax deferred accounts are maxed out with primarily tax inefficient funds, bond funds, etc. I repeated myself about not "swinging for the fences" because someone apparently missed out on that concept or chose to ignore it…
'I'm not too concerned with slightly lower performance if the fund is more tax efficient'
Sorry, some how that "logic" blows my mind," I'll take less money if I don't have to pay taxes", I wish employees thought that way..... I would have more mone…
You are correct about the foreign holdings in FLPSX and that it doesn't always track exactly with a US mid cap index. In my situation, I have foreign holdings covered in other funds such as ARTGX, FMIJX and a smaller stake in GPROX, which is in a ta…
+1 to msf. I would leave well enough alone, suck it up in April, and certainly not bail on Danoff and Tillinghast based on the last few years, nor even necessarily switch from Fido to Vang (though the CG points are noted). But your position is popul…
Thanks for the reply, MSF. Some of the funds I've mentioned have had a record of paying out big distributions, such as FLPSX and UMBMX. Neither one of those funds have performed well over the past three years, either. FCNTX was particularly bad this…
Take a look at Vanguard's Tax-Managed Balanced Fund (VTMFX). It is split 50/50 between U.S. stocks and municipal bonds. Good after-tax performance and low expense ratio (0.12%). I replaced VWIAX in my taxable account with VTMFX. Bear in mind, VTMFX…
I was a little surprised and disappointed at FCNTX's distribution (about 6%) because it's supposed to be a large cap growth fund and the turnover isn't outrageous. Thanks for the suggestions, MSF.
VTMFX looks like a damn good fund to me: Low ER, interesting mix for a balanced fund and it's done well in the past. I like BERIX but it seems to be a better fund for a IRA or tax-deferred account.
You could split between two funds, say EXTAX and FLTMX.
Performance of VTMFX seems pretty good over the past 3 years
Not too thrilled with the ER for EXTAX - seems a bit high to me compared with VTMFX.
EVBAX is down nearly 3% more than it's (Lipper) category average in the last month (challenging market environment). I realize that one month is a very short period of time and will hold. Any thoughts?
Thanks for pointing this out. Had no idea…
According to the WSJ snapshot, YAFFX is holding a fair chunk of cash at 14%.
I wonder if that has anything to do with the fund's underperformance as of late.
Well, one has three times the holdings of the other, one is a third the expense or less, one's average company size is half the other's, one has 13% foreign and the other none, etc. etc. So an apple and an orange or something, perhaps.
Yes, I've no…
I bought an additional portion of RNDLX the other day based on the PIMCO news and subsequent beating that some of their CEFs took - irrational in my opinion.
How wonderful for Mr. Gundlach. As we have seen before, it really is all about the money, isn't it? At least he won't miss our client money that will not be going to him.
Hi BobC,
I've noticed on a few occasions that you like to jab Gundlach. Do y…
Can any PM stay in the background at PIMCO?
Not sure that is possible.
Ivascyn was very low profile compared to Gross, Gundlach, etc, even though he has been a very successful PM over the years. I've seen several of his interviews and he does not l…
I'm concerned about how much time Mr. Ivascyn will be able to spend on the Pimco Income fund, not to mention his involvement in several closed-end funds. Is he being spread too thin?
Mike_E
I think this is a legitimate concern, as Ivascyn has manag…
Suffice to say, I moved a lot of money to Schwab. I have my 401K and Rewards Card with Fidelity now. Nothing else.That seems a bit counterproductive. In order to receive 2% on the Rewards card, the rebate must be deposited into an eligible Fidelit…
Suffice to say, I moved a lot of money to Schwab. I have my 401K and Rewards Card with Fidelity now. Nothing else.That seems a bit counterproductive. In order to receive 2% on the Rewards card, the rebate must be deposited into an eligible Fidelit…
@willmatt, I am very surprised that someone working for a transfer agent who made a mistake of this sort would expect a do-over, and wonder why you would think you could trade in and out of FPINX like some no-fee etf or cash fund.
However, to check…
Well, as I mentioned above, up to this point I'm happy with Schwab, but I have to say that I'd be surprised if they would have acted any differently on this particular matter. On these sorts of things the results frequently seem to depend on the luc…
Recently, I had a bad experience with Fidelity regarding a short-term trading fee. I will admit upfront that it was partially my own fault, but I believe Fidelity bares some responsibility in trying to satisfy an angry long-time customer with a high…
I just bought a chunk of RNDLX to wade into CEFs without actually buying them directly. I like the yield on this fund and its lower SD considering the portfolio.
This has been a concern of mine as some of the balanced funds that I hold seem to be using low quality bonds as the bond sleeve in their respective portfolios. I hold PGBAX and BAICX, both using low-quality bonds, and BERIX to a lesser extent. Unfor…
@Kaspa, I have held ARYVX since its inception back in the spring of 2011. I like the diversity this fund brings as far as global real estate goes. I have about 7-8% in that fund as a percentage of my portfolio. The Asia real estate market keeps ch…
Hi Will, on the "short-term, high quality bond fund with low risk," I'm not a big fan of THOPX either, but don't you already have something like that in the Baird fund? Also, keep in mind that Fed rates have the most influence on the short end of th…
If I'm doing the math right, then, 50% of the total portfolio is in assets that have significant equity/credit risk (40% stock plus 10% in bond funds that are totally on the credit-risk side - EVBAX, PRHYX, BHYAX).
If you're a conservative investo…
Thank you for the valuable info. You do a great job of watching our backsides.
Regards- OJ
Note: Just increased our position in GPROX at Schwab. Thanks again!
I'll be doing the same with this fund at Fidelity before Sept. 30.
High Willmatt72,
Thanks for posting your bond portfolio.
Although, I am not an investment advisor I am a somewhat of a knowledgeable individual retail investor who enjoys analyzing other interesting portfolios from time-to-time. With this, I st…
I do have a large cash stake (approx 18%) because I inherited more than a million dollars and there is no need to be aggressive. I tend to err on the side of being conservative with my holdings. My overall portfolio is 40% equities, 40% bonds and 18…
Hi Bee, always check the A shares ... some brokerages have deals with the fund companies to waive the loads on those. Fidelity for example has EVBAX load-waived & NTF, minimum investment of $2.5k.
I bought EVBAX load waived through Fidelity earl…
Can't argue with THAT. Take a look at NAESX, too. It's a different Vang. small-cap fund. They're both classified as small-cap BLEND. Expenses at NAESX = just a tad lower. Turnover is a lot smaller, too. But performance numbers go to VSTCX.
Will do.…
