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Update. Appears to trade similar to VBR thus far. Need more time to wait and see. Need more volatility to test the methodology. Fact sheet estimating 3.0% yield.
Some will get snapped up but he most promising will try to avoid it....no one snapped up Google, MSFT or CRM when they were start ups. I will let my fund managers pick the AI and utilities winners. They have access to information I do not.
Rforno, I believe the software companies that will win the AI race are not household names yet. As viewed from a % gain perspective over the next 15 years.
TCAF talks about utilities most of the time (7% sector exposure....3x the benchmark) but still holds 5 times as much technology as of June. Important viewpoint on eventual AI beneficiary being software. 100% agree. Skate to where the puck is goin…
My 2c....Regarding HY bonds, crypto, correlations etc. FPACX historically has been know to buy CEF's in severe market distress points. I watch their holdings for ideas in this area. I tried to start a CEF high yield bond thread to prep for recessi…
Reading 08/09 forums is a good exercise to do. I do it frequently. The one common thread of discussion was lack of income producers. Too much equity and not enough longer duration bonds, CD's etc. to provide income to pay bills. Another issue was p…
Hank, I have edited my original post. High Yield provides deeper discounts, lower price and higher yield if one if willing to assume the risk at some point in the business cycle.
An option to consider....allows you to carry more funds but bulk of returns still resides in top 3 and gives you time to watch 4-8 for clarity.
Strongest conviction Fund A 25% allocation
Second strongest conviction Fund B 25% allocation
Third stro…
If you have initial value, end value and number of periods you can calculate CAGR for anything. I think what you mean is that CAGR is not terminology normally applied to Fed Debt growth. Yes, but that is exactly why I bring it up. It should be co…
Fed Debt is $34T now. Fed Debt in 20 years = ??. What would that CAGR be?
More bonds being sold each year + probable increased interest rates on both existing debt rolling over + new issued debt. Many existing debt at 2% rolling over to 4%.
FD, regarding your numerous comments on fund longevity....I would do some research on Martin/Wiggins/Eric ownership in PVCMX. Wiggins/Cinnamond are co CEO's not CIO's as their previous PM roles.
Excellent. Is maxdraw daily or month end? TestFol.io appears to be daily CAGR not month end. MD appears to be daily also if you look at the graph and move cursor. This is a huge find. Excellent.
It is Absolute Return investing in bold letters on the front of its website. Forget the M* category. All funds are forced into a category. There is a tool for every need and goal. No right or wrong.
From a Janus Henderson publication explanation…
PVCMX is absolute return... in this case small cap value. Totally different investing conviction than benchmark investing. Important to know that going in. It serves a purpose for some investors.
REMIX on my watch list. Outperforms many of the beloved funds (in any category) in key metrics since inception 1/2020. However 50% treasuries implies some degree of trading in which one wrong turn might return to the norm.
CGDV Non US Equity 6%, Large Value, lower div, Equity holdings = 50. CGDG Non US Equity 45%, Large Blend, higher div, Equity holdings = 76 each. CGDV YTD M* shows percentile category performance 1 out of 1209. CGBL (balanced) added to watch list.…
$259K federal debt per US taxpayer. IMHO the debt issue discussion will be here for keeps. 20 year auction on 11/20 and 30 year auction on 12/12. I am watching to see if this slowly develops into a simple supply/demand issue disregarding other macr…
I wonder if you can bundle (perhaps lower costs) in a MediGap plan: BCBS MediGap Supplement, BCBS Part D and BCBS Dental? IOW's like an Advantage concept. One card for all needs.
