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If I recall correctly, Bill Gross make a similar prediction some time ago and was flat out wrong. I'll be interested to see if Dan Fuss and crew does better.
For me, the wildcard is Kathleen Gaffney and EVBAX. Could be a bumpy ride during a downtu…
I'm still more in the Intermediate slot with funds such as PIMIX, EVBAX, DODIX, MWTRX, BSBIX, THOPX, BHYAX, RSIVX and SXFIX. Very good returns thus far. I recently added FPNIX just to tamp down any interest rate volatility should it come in the next…
Overall, I have about 35% exposure to equities in my overall portfolio, consisting of such funds as BERIX, VWENX, FCNTX, UMBMX, YAFFX, ARTGX and FCPVX. My bond exposure is about 40% and the rest is cash for now. It's a conservative portfolio overall…
After reading this article, I'm wondering if it is a good idea to have a dedicated bank loan fund as part of a bond portfolio. Currently, I own EAFAX (load waived) but starting to think it has nowhere to go but down. It's been stagnant for most of t…
EVBAX - 18.82 % stocks as of 4/29/14 ! Was wondering if other unconstrained are using equity to jump start returns ?
Derf
According to the fund's prospectus, it may invest up to 20% i…
I haven't thought of EVBAX/EVBDX as "unconstrained". I think there are boundaries placed on what and how much they can invest in certain places by prospectus (fundamental), so I've thought of it like LSBRX--- an aggressive multi-sector with global r…
@rjb112
Load waived and no transaction fee at Fidelity
Regards,
Catch
Very nice to know. Thanks
Yes, I purchased it load waived through Fidelity as well.
The fund that I bought several months ago and consider an "unconstrained" bond fund is EVBAX - Kathleen Gaffney's fund. It's done gangbusters since it opened.
I think OJ brings up a great idea: Having a separate category for investing-related links. That way, people can navigate to that category and pick and choose what they want to read/comment. Just my two cents.
I didn't do too bad considering I have a conservative global balanced portfolio - down about .73% today. Several bond funds (DODIX, MWTRX, THOPX, MITFX, PRFHX) were up while a couple others (PIMIX, RSIVX) were even. Days like this tend to help revea…
Principal Diversified Real Asset (PRDAX) probably fits the bill, but I'm not too sold on Principal Funds in general. Gives you TIPs, REITs, commodities, etc. Unfortunately going to have to pay a load on this one.
This fund is load waived at Fideli…
My re-read of Wilmatt's original post shows he's currently invested 35%/40%/25% (Equities, Bonds, Cash respectively). I pass no judgement on the appropriateness of that mix. But, any notion that he is "doing nothing" is incorrect.
Here's what even…
@willmatt72: Just don't stand there, do something. You are suffering paralysis from over analysis.
Regards,
Ted
I would rather be safe than sorry with a million bucks. Just a thought.
I can tell you that 75% of the portfolio is in taxable accounts because it is inherited money. The remaining 25% is in tax-deferred accounts (401K, Roth IRA, Rollover IRA). I'm maxing out my Roth IRA each year, but there's not much else I can do wi…
@willmatt72 based on his history here seems to have an uncanny ability with his ambiguous and partial specifications to act as a Rorschach test for people here to push their favorite fund/strategy/tool. :-)
Hmmm, now that you mention it - I guess it…
Reply to @MJG: "As a general rule, I do not believe that financial advice casually offered over the internet is either reliable or trustworthy."
Yes - of course. However, I thought in this instance the advice offered above by many was uniformly …
Catch - your points are well taken and cause for some reflection on my part. I can tell you that 75% of the portfolio is in taxable accounts because it is inherited money. The remaining 25% is in tax-deferred accounts (401K, Roth IRA, Rollover IRA).…
I re-read your original post a couple times and I think there are two statements you made that make what you are asking contradictory. For one, you ask what is the acceptable risk for a 49 year old 15 years from retirement. By the book, you should b…
I've held about 25% in cash as a holding pattern to determine whether it should be held in CDs, money market funds or possibly invest another 5-10% in either equities or bonds. Currently, I do hold a rather large stake in VWENX and BERIX, as well as…
Reply to @Kenster1_GlobalValue: Global Reach is only eight months old, too. I would expect the assets to grow more quickly this year with the closings of the other funds.
Reply to @TheShadow: I would expect Global Reach to soft close sometime this year as well. Once the other funds are closed, investors will be looking for alternatives. Global Reach is one of the obvious choices.
I watched and read about Jacobson's picks and he seems quite enamored with PIMCO and Fidelity bond funds. There are some good ones and some head scratchers there for picks. He pays very little attention to lesser known but equally as good (if not be…
I bought a few muni bond funds on Friday to tamp down the risk in my portfolio (sold JAVTX) and gain some tax-free income. I purchased equal amounts of MITFX and SXFIX. I intend to hold them for a long time so I'm not very concerned with interest ra…
Reply to @David_Snowball: Hi David - I did listen to the conference call, thank you. However, I didn't understand everything in the interview. I'm sure others were in the same boat. Based on my interpretation of your above statement, it sounds like …
Reply to @mrdarcey: Thank you for the insightful comments. They are well taken. I owned MACSX in the past as well. I'll take another look at it. As I said in another response, I will continue to hold a small weighting in MAPIX because it is closed a…
Reply to @mrdarcey: Well, that fact that the fund has not done much trading is not necessarily a sign of good or bad investment decisions. If Madsen and/or Foster were still around, would the portfolio be the same as it is now? We don't know. The fu…
Reply to @Ted: Hi Ted - thanks for the fund suggestions based on my original post. I still hold a small position in MAPIX just in case it turns around someday. But I'm looking in another direction now.
Reply to @cman: As I said, the loss of Madsen has affected that fund in a bad way. Based on my evaluation of the fund, its volatility has increased and its returns have diminished since Madsen left the fund. I believe its five-year returns are inval…
