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Roy

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Roy
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  • Regarding PRWCX/TRAIX, we are shareholders since 2006 and have no plans to go anywhere else. We continue to add to our positions in the fund.
  • Our KISS of a portfolio ended the year with 80% in PRWCX/TRAIX and 20% in AKREX. So, not a bad year with low to mid 70's exposure to equities by year end. Our average age is 56 and probably have been on the light side of equities for our age the p…
  • Recently reduced our equity % by around 5%. Did so by selling shares from an all-equity fund and added to TRAIX and our holdings in PRFRX. Really part of rebalancing as our equity stake had risen higher than desired.
  • My wife and I did decide to move our accounts back to TRP from Schwab to take advantage of the new Summit Program, primarily to access TRP institutional share classes at greatly reduced minimums and access to closed TRP funds. With us holding around…
  • TRP is trying to get some of their bigger investors away from the online mutual fund supermarkets so they can reduce the amount of their management fees they have to pay to Fidelity, Schwab, etc. For several years I've considered returning our acc…
  • Here is a Q & A concerning access to closed TRP funds. "Certain T. Rowe Price mutual funds (known as “closed funds”) are generally closed to new investors and new accounts. Clients assigned to the Select Services tier ($250,000 Summit balance…
  • I was concerned about possible integration issues, so a year ago we took advantage of Schwab waiving account closing fees at TDA and made the move before it was done in mass.
  • If I'm interpreting portfolio data correctly from the TRP website dated 9/30/21, PRWCX equity allocation has increased to 75.68%. Sector Allocation As a percentage of Total Net Assets As of 9/30/2021 INFORMATION TECHNOLOGY 14.33% HEALTH CARE 13.58…
  • To be accurate on the fund's holdings, go direct to the source - TRP annual and semiannual reports. As of 6/30/21, the semi-annual report stated: bonds, 18% = 10.4% bank loans and 7.8% corporate bonds. cash, 10% Options, 1% Stocks, 72% Sven, The…
  • One of the portfolio stats that jumped out at me was that bond holdings only accounted for 1.4% of fund assets. I'm a bond novice compared to many here who are able to speak with incredible knowledge, but this fact certainly says much about Giroux's…
  • Here is the PRWCX portfolio as of 8/31/2021 from the TRP website. Portfolio $52.23 billion Total Net Assets as of 8/31/2021 Asset Allocation Domestic Stock 68.90% Other 28.00% Domestic Bond 1.40% Foreign Stock 0.90% Convertibles 0.80% Top 10 Hold…
  • TRP website lists the top 10 end of month holdings around a week or so into the following month. Not sure why TRP has not listed the asset allocation for PRWCX on the website recently while most other TRP funds do?
  • I've noticed recently on the TRP website that TMSRX is no longer listed in the "Asset Allocation Funds" search option under the "Funds" dropdown menu, and now only shows up if you use the "View All Mutual Funds" search option. Oversight, intentional…
  • Currently 3 across all our accounts, but primarily 2. Never held more than 8 and don't anticipate holding more than a few ever again at any given time. Personally decided that holding a couple percent in a given fund is pointless for me as @Mark s…
  • Hey catch, thanks for your suggestions. Yes, in the past I paired up some equity funds with bond funds for a desired allocation mix. Beginning in 2006 mainly switched to moderate allocation funds, primarily PRWCX, but also a few others. One reason…
  • Moderate allocation fund, PRWCX as mentioned in the past holds the bulk of our investments. Never used an ETF to this point which doesn't mean we may not sometime in the future. I have looked at allocation ETFs in the past to compare to PRWCX and ha…
  • Email response from DGI says their balanced mutual fund, DGIFX is still open.
  • I needed to speak with someone at Schwab last night regarding a rollover IRA from a previous employer and never got through on the phone. So, I decided to try their online chat and was in the queue for around an hour before I went live with someone.
  • Here's the link to TRP's analyst call from November 19, it explains everything pretty clearly, the call is 42 minutes long. They are addressing capacity constraints that this new entity can help alleviate, most of the funds transferring to the new i…
  • For current TD Ameritrade clients, in case you hadn't heard yet, Schwab and TDA are allowing current TDA clients to transfer their accounts early to Schwab without incurring the account closing fees of $75 per account at TDA. We have begun the trans…
  • @Sven And the total drawdown was greater at around 20.7% from 2/14-4/3.
  • PRWCX continues to be around 80% of our investment accounts, no need to get overly complicated. :) The rest of our account holdings are international & small cap funds which I began to lighten up on earlier in the year in favor of AKREX which …
  • @bee That Orman article is quite old, 2014...and part of it references a 2008 interview. But, I get the point, her actions and advice in 2008 are going in opposite directions at that time anyway.
  • I'm aware of a few, but they don't have great performance. VILLX, GRSPX, ICMBX
  • @catch22, thanks for the chart link. Shows what an incredible fund PRWCX has been through the years and various markets. Chart begins a bit over 3 years before Giroux took over PRWCX.
  • @MikeW I'm with you, hard to believe the market has bottomed yet with all the bad news regarding infection and death numbers still climbing and the poor corporate performances for the next several quarters yet to come out along with horrific unemplo…
  • I am by no means an expert on CEFs and ETFs, but concerns regarding the effects of panic selling on their pricing which can have nothing to do with their NAV has always troubled me. Whereas, at the end of the day OEFs are priced based on actual NAV.…
  • Visited my 91 year old father-in-law who was moved to a hospice care facility today. That was difficult. Through the market volatility the past couple weeks we have been adding to our positions in PRWCX and AKREX.
    in nibbling away Comment by Roy March 2020
  • Added to PRWCX & AKREX on Wednesday. May add some more beginning of next week.
    in Who buying? Comment by Roy February 2020
  • Anyone know the ER and at what AUM level the fund will be closed?
  • You can still compare funds by starting with this link which had been shared by someone earlier either on MFO or M* Discussion Boards. http://performance.morningstar.com/fund/performance-return.action?t=PRWCX
  • We use TD Ameritrade since 2011 because at the time they were the only brokerage where you could get TRP funds with no transaction fees. TRP funds are 80% of our investments currently. Before moving to TDA, we were primarily invested directly throu…
  • Looks like in 2013 when the fund left FMI it had nearly $730M in AUM...as of the 9/30/13 Quarterly Report anyway. In its early days as FMIOX, performance wise this fund was one of the very best mutual funds in its category. 1997=69.74%, 1998=35.4…
  • When we first became FMI shareholders in 2004 we never invested in FMIOX or later when it became the Broadview fund, but from what I remember AUM were once much higher than the current $290M. I'm sure that is playing a factor in this move. Wonder if…
  • down -2.82 for the year. Domestic and international small caps were the big drag coupled with our big stake in PRWCX which was up slightly...ever so slightly. Currently at an overall allocation of 62/38.
  • @crash I was expecting a nice gain for PRWCX that day as well and was even in denial for awhile that evening thinking the NAV had not been updated yet. :) Once reality set in I took comfort in knowing how much PRWCX had killed it over the past 12 y…
  • Wonderful news. Prayers for continued healing.
  • Rondure funds are larger cap oriented than GP funds.
  • Are you evenly invested among the 5 funds? If not, that will affect your actual YTD return...obviously.
  • From a segment on Friday's edition of Nightly Business Report on PBS, guest, Tom Forte, Managing Director of D.A. Davidson estimate of where Amazon Prime's $119.00 yearly fee will go. 34% to Profits, $40.45 21% to Taxes, $25.00 16% to Processing, $…
    in Amazon Prime Comment by Roy April 2018