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Is it possible that TRowe will try to merge the $34B RPMGX into the better performing $2B PRDMX, and bury the poorer record of the bigger fund?
Naah ... just -uhm- kidding...
Also, please note that Donald J Easely is stepping down from PRDMX, bu…
New Fund (RPMGX) has about $34B AUM. Old fund (PRDMX) has about $2B AUM, and has outperformed the larger fund most recently, and over the last 1, 3 and 5 years.
Last 1 year: PRDMX @ 15%, RPMGX @ 10%
Last 3 yrs_: PRDMX @ 16%, RPMGX @ 13%
Last 5 …
Don't know how hard this would be technically, but I'd like to make a suggestion:
Think that there are currently 7 categories:
Fund Discussions
MFO Premium
Other Investing
Off Topic
Technical Questions
Bullpen
OT Bullpen
Mirroring the current spl…
Take a look at the obscurely named: Invesco Russell 1000® Dynamic Multifactor ETF
M*
http://portfolios.morningstar.com/fund/summary?t=OMFL
ETF.com
https://www.etf.com/OMFL
PortfolioVisualizer
https://tinyurl.com/omfl-at-pv
Also consider ETF: BTAL, i.e., AGFiQ U.S. Market Neutral Anti-Beta Fund
https://www.etf.com/BTAL
https://www.agf.com/us/products/btal/index.jsp
http://quotes.morningstar.com/chart/fund/chart.action?t=BTAL
Mark: Thanks for reply/comments. Thanks for link to ROC post, but it is an explanation of Return ON Capital. I was asking for clarification/explanation of Return OF Capital.
Since posting my question, I came across helpful post from 'Greg Group'…
https://tinyurl.com/ixc-vgenx-xle
See above link to PortfolioVisualizer... For the last 10 years or so, VGENX (VG's Energy Fund) has been quite similar to IXC, iShares Global Energy ETF. XLE (Energy SPDR), not so much.
Part of the reason for the unavailability of the info on the Morningstar.com[US] site, but availability of the M* info on the Morningstar.In[dia] site may simply be that the US Morningstar team decided that it had become too expensive to continue si…
[Did not see David's post above as I was constructing this one.]
LewisBraham:
Of course I am not sure, but I believe that it is (more or less) a first.
Did a Google search that came up only with one story from 2008 [!]:
Claymore Advisors ann…
Why "too bad"? Isn't it only the "wrapper" that has changed - not the contents?
On May 14, 2020, the Board of Trustees of the Guinness Atkinson Funds (the “Trust”) approved the reorganizations of ... Funds into SmartETFs ... There will be no change…
https://www.governing.com/topics/finance/gov-three-ways-tax-reform-impacted-muni-market.html
The tax law changes also impacted the refinance/issuance of new bonds. As noted in above, from Dec 2018:
Muni Bond Supply Is Down
Far and away, the most …
The Financial Times has very useful and (may I say) beautifully designed set of tools, at their markets.ft.com minisite, which includes both Morningstar and Lipper fund metrics.
Here - for example - is link to T Rowe Price Capital Appreciation Fun…
Kalzumeus.com: How Discount Brokerages Make Money - June 2019
Excellent detailed discussion, including:
1. What is a discount brokerage?
2. Who are and are not discount brokerages?
3. So how do discount brokerages make money?- Net interest
- …
Well, maybe it is one of those cosmic coincidences, but Western Asset (a Legg Mason subsidiary) recently introduced a very similarly named ETF, Western Asset Short Duration Income ETF.
With an inception date of 02-07-2019 and a 29 bp ER:
https://ww…
How about muni ETFs as well as unleveraged closed end funds, trading at a discount?
ETFs
https://www.etf.com/channels/muni-etfs
CEFs (example below, also NXQ...)
https://www.cefconnect.com/fund/NXP
Ted:
Thanks - Below is the link to the M* article that I believe that you meant to provide:
https://www.morningstar.com/articles/910303/a-closer-look-at-vanguards-active-factor-etfs.html
And here are the M* Target Date reports for various other fund families:
American
https://news.morningstar.com/pdfs/STUSA04OL0.pdf
American Century
http://news.morningstar.com/pdfs/STUSA05IAE.pdf
BlackRock
https://news.morningstar.com/pdfs/STUSA0…
Not quite low enough, but premium of PIMCO's PDI collapsed about then (Dec 20) - it has since recovered. Maybe a little bit of poetic license?
https://www.cefconnect.com/fund/PDI
https://www.etfrc.com/funds/overlap.php
Above is link to ETFRC's free (registration required) ETF overlap tool. For IJJ and IJK (mid cap value and growth) the tool says that there is 29% overlap.
re: deeppizza's question....
According to the article [?], is it this:
On June 26, North Coast Partners became the first investment group to launch an opportunity fund. The group's Detroit Opportunity Fund is the first of several geographically ta…
TIAA CREF, two classes of same fund (TRRPX) or (TCREX):
https://www.morningstar.com/funds/XNAS/TRRPX/quote.html
https://www.morningstar.com/funds/XNAS/TCREX/quote.html