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fred495

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fred495
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  • Just bought 1-year CDs at 3.15%. Expect interest rates to go up and may purchase additional CDs in the future. As a retiree, I am currently in a capital preservation mode until I get a better sense of how far the Fed will go, and how the market rea…
    in CD Question Comment by fred495 August 31
  • With extremely low unemployment and still many unfilled jobs looking for applicants, it seems that inflation may remain at a fairly high level for longer than many expect. Hence, the Fed may have to be quite aggressive in its tightening process over…
  • In an interview with the WSJ, the Fed's James Bullard said that at next month's Federal Open Market Committee meeting he would lean towards voting for a 75 basis point rate hike. "He isn't ready to say that inflation has peaked and it remains import…
  • Also, Mav123, please explain the appeal of RPHIX? The fund's total return % for 1 and 3 years is 1.70 and 1.78, respectively. Over the past 5 years its 2.21%. On the other hand, you currently can get a 1-year FDIC insured CD at Fidelity or Vanguard…
  • Bought a 1-year Wells Fargo Bank CD yesterday from Fidelity at 3.05%. Today, no longer available. Only remaining 1-year CD is from another bank at 2.90%. Looks like they are selling like hot cakes. Good luck, Fred
  • SVOL of interest to anyone? A new fund without much of a track record, SVOL has lost 12% YTD, and 5% over the past year. Why would anyone be interested? What am I missing? Fred
  • I got a promotional offer for the new M* Investor at $199 for the first year. There is a 7-day free trial period. The offer expires on 9/30/2022. Fred
  • Sorry, but PQTIX lost 1.70% today. But, PGAGX - PGIM Wadhwani Systematic Absolute Return Fund gained 0.66%! PGAGX, a fairly new fund, is currently on my watch list. Looking for lower volatility funds in this category. So far, so good. According to…
  • @fred495, yes hear you loud and clear...still a bit unease with the PQTIX etc...so many derivatives, futures, swap agreements, forward currency contracts....glass box? Black box? Sheeet hits the fan, does it all go "Poof" or are you bigly wealthier…
  • Impressive performance by PQTIX yesterday, gained 0.07%. S&P 500 lost 4.04%. Slept well last night. Fred
  • I was a long-time holder of JHQAX but sold it a couple of months ago due to its rather disappointing performance this year. I replaced the fund with PIMCO's Managed Futures fund PQTIX/PQTAX which has been performing quite well in the current market …
  • CDC, a large value ETF, is one of my favorites: YTD=5.01%....3Year=20.36%...5Year=14.65% SD=15.44...Sharpe=1.26...Sortino=2.33 ER=0.36% SEC Yield=2.91% Good luck, Fred
  • Per Fido - FMSDX: Portfolio Data Portfolio Data Additional Information 30-Day Yield 4 2.62% 3/31/2022 Duration 4.20 Years 3/31/2022 Distribution Yield (Daily) 1.41% 4/7/2022 Thanks, stillers, I should have checked Fidelity first instead of…
  • Looks similar to JHQAX @hank. Investing in equities but a sleep well fund. Generally true, but not today. JHQAX lost 1.65%! More than the Dow, the S&P or the NASDQ. Quite an unusual performance for a hedged fund. Fred
  • Sorry, but based on test trades, GQEPX is not available at Fidelity, and GQEIX has a $500,000 minimum initial purchase requirement. Fred
  • Think you'll find the same fee at Fidelity. Sorry, but I don't see that PMEFX is even available at Fidelity. Did you find it at Fidelity with a different ticker? Fred
  • In the current market environment, preserving capital is more important than seeking return on capital. Fred
  • I am seriously considering moving some if not all of my position in TMSRX to PMEFX. FYI, co-manager Mark Saylor left the fund in October. Apparently, the fund is only available directly from Penn Mutual. Fred
    in TMSRX Comment by fred495 January 7
  • Given the limited number of other VG AA funds available, would you attempt to suggest (1) any non-VG AA funds and if so, what would they be My suggestion would be to check out FMSDX, a Great Owl fund with an excellent risk/reward profile that …
  • Performance YTD of some popular Multi-Asset Funds: 30-50% Equity TAIFX 11.67 VWINX 7.71 MACFX 7.23 BAICX 6.34 OICAX 5.92 MTRAX 9.06 Much has already been discussed about the difference/similarities between "Balanced and Multi-Asset". By the wa…
  • As a disclaimer, I currently have a very moderate position in COTZX and appreciate the clear mechanics of adjusting to market conditions based on S&P levels. Still, I am challenged to add to it for the following reasons and considering selling i…
  • What is going on here? The topic of this thread is "Chartwell Funds to become part of Carillion Funds". Some of you are obviously hijacking this thread to discuss a totally irrelevant topic. Please show some courtesy towards the OP and start your o…
  • Former owners of Berwyn funds became owners of Chartwell funds in 2018, and now will become owners of Carillion Chartwell funds. Wasn’t it vice versa? Chartwell bought Killen Asset Management, the owners of Berwyn Funds, and then proceeded to tota…
  • Also JHDAX and JHTAX remain open, but I have no idea how they compare with JHDAX . carew, I assume you meant to say: "how they compare with JHQAX." Hopefully, the excerpt below from the M* Fund Analysis report of 9/2/2021 by Erol Alitovsky will b…
  • Upon my search of MFO site, I am surprised to learn only four posters (incl @carew388 & MikeM2) indicated owning this fund. I would have thought it would have a wider ownership among MFO posters. I own it. Happy. I also own JHQAX for quite …
  • Thanks, guys. Good discussion, very educational, too. While I don't own nor plan to buy BAMBX or TMSRX, I will put BAMBX on my watchlist for future reference. Certainly BAMBX's performance since the new team took over is quite good, especially impr…
  • FYI: For those who don't have a subscription to Barron's, here is the link to the complete fund profile of BAMBX that was written by Lewis Braham and published in November of 2020: https://webreprints.djreprints.com/57836.pdf Fred
  • So you're going to put your monies into something like that based on one day's performance? [...] Your money, do with it what you feel is best for you. This fund is not for me. Been burned by iqdax,. Learning my lesson. I wish you good investing…
  • However, yesterday, when all the major indices lost more than 2%, I couldn't help but notice that BAMBX was up 0.2%, and YTD the fund is up a nice 4.3%. Also, three and five year total returns are a pleasing 5.7% and 5.5%, respectively. Maybe it's …
  • Several months ago, a poster on another forum made the following observation about FMSDX: "With value equities and junk fixed income be prepared to take a hit with this fund if the equity / credit markets turn south [...]" That was apparent yest…
  • However, if you are a conservative investor looking for a low risk floating rate fund you may want to check out MWFRX/MWFLX. It's standard deviation is 6.2%, according to M*, and during the market crash in March 2020 it lost "only" 8.35%, whereas RS…
  • Check out WBALX for a solid 30%- 50% alloc fund. I did quickly, and while the equity part of WBALX may be "solid", I question the performance of the bond portion in the current rising interest rate environment. It makes up 42% of the fund's portfol…
    in TSHIX Comment by fred495 October 2021
  • Just to round out the picture, in addition to the reasons I already mentioned, OSTIX is also a good fit for my portfolio since I wanted a fund to complement my other bond funds. RCTIX, for example, is heavily concentrated in securitized issues. OST…
  • MAV123 asked: "Which Mutual Funds do you see as the potential for holding if we are about to enter a rising interest rate environment (bond/stock) ?" With respect to bond OEFs, I would definitely check out CLMAX. I has a history of performing well…
  • Hi, msf: Taking a quick look at MWFSX, I couldn't help but notice that M* reports a rather suspiciously high SEC yield of 8.55%! Just curious how that is possible in today's low interest rate environment? Certainly raises a red flag for me. Fred
  • Currently, due to high equity valuations, my portfolio's limited equity exposure is confined to these three defensive funds: CTFAX, JHQAX and VWINX. For the bond portion I use CLMAX, NVHAX and RCTIX, along with the bond-like alternative fund ARBIX. …
  • I finally decided to buy shares in CLMAX yesterday. However, if you think that interest rates may go down, better stay away. Fred
  • CLMAX can't be all that bad if it's on MFO's Honor Roll, and M* awards the fund its highest rating: five stars. Fred
  • I have some cash sitting on the sideline looking for a home. CLMAX has been on my watch list for a while as a fund that actively, and mostly successfully, tries to manage interest rate risk. If, as the Schwab outlook states, 10-year Treasury yields …
  • Unfortunately, the long list of bond funds that johnN posted are apparently all high yield funds. Using the best 15-year returns is not exactly very helpful if you want to have some diversity in the bond funds you select for your portfolio. Fred