Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Your memory is correct.
Jean-Marie Eveillard earned his reputation managing the SoGen International Fund¹ from 1979 until 2004.
Mr. Eveillard was named Morningstar’s International Manager of the Year in 2001
and received its first Fund Manager Lifet…
From Markets A.M. newsletter by Jinjoo Lee.
On this day in 2000, the New York Stock Exchange began trading in decimals,
ending the two-century-old practice of pricing stocks in increments of 1/8th of a dollar.
In theory, investors will benefit from…
From Markets A.M. newsletter by Asa Fitch.
On this day in 1878, Thomas Edison began experimenting with electric light
after returning to his laboratory in Menlo Park, N.J., from a trip to St. Louis.
By the middle of September (the final date is unc…
"The market response to President Trump’s Monday attempt to fire
a Federal Reserve governor was relatively subdued. Don’t let that fool you.
If Trump’s effort to remove Lisa Cook for cause succeeds, and perhaps even if it doesn’t,
this week will g…
@Derf,
Yes, the title of the book is "How Not To Invest."
It became available at my local library ~1 week ago.
I started reading the book yesterday and like it so far.
My current plans are to read it from cover-to-cover.
I'm currently reading an investing book by Barry Ritholtz.
In it, Ted Sturgeon points out that most human endeavors are filled with garbage.
He states: "Ninety percent of everything is crap."
If Sturgeon's observation is applied to the field of ETFs…
From Markets A.M. newsletter by Gunjan Banerji.
"On this day in 1919, the Coca-Cola Co. successfully sold shares to outsiders for the first time,
as a syndicate of banks and brokers from around the country bought 417,000 shares to resell
to retail …
"Where are the rest of senate and congress? They all know that goes against the free market economy."
There was a contingent purportedly in support of laissez-faire capitalism.
Most of these folks have remained eerily silent as government intervent…
"Cook responded several hours later in a statement emailed to reporters through the law office of Abbe Lowell, saying of Trump that 'no causes exist under the law, and he has no authority' to remove her from the job
she was appointed to by former U.…
The Week in Charts (08/25/25)
The most important charts and themes in markets and investing, including:
00:00 Intro
00:49 Topics
01:50 The Return of Easy Money
08:35 It's All The Same Trade
12:30 Is the Mag 7 Concentration Justified?
16:57 The Best…
@FD1000,
Recall that the U.S. was founded primarily to gain independence from British rule under King George III.
The founding fathers vision sought to limit the power of the executive branch.
Trump has clearly breached his authority by weaponizing…
From Markets A.M.newsletter by Telis Demos.
On this day in 1987, the Dow Jones Industrial Average hit 2722.42, a new record high—
up 44% for the year and triple its level just five years earlier.
“In a market like this, every story is a positive on…
Whether or not a president can pardon himself is an unresolved legal question.
https://constitution.congress.gov/browse/essay/artII-S2-C1-3-9/ALDE_00013947/
@FD1000,
Please, don't propagate the tired and factually inaccurate story
that Trump was a victim who was persecuted endlessly.
Trump's disrespect for the law which culminated in multiple felonies
that he commited warranted close judicial examinati…
Risk is a very important consideration in my opinion.
I recall when IOFIX and SEMMX were touted as being "cash subs."
Both of these funds subsequently generated significant losses during Q1 2020.
https://www.mutualfundobserver.com/discuss/discussion…
@Mark,
There may be issues with your browser cookies/cache.
Clearing both may help.
Here are the URLs for the D&C funds you mentioned.
DODGX_
https://fundresearch.fidelity.com/mutual-funds/summary/256219106
DODFX_
https://fundresearch.fidelit…
@Mark,
Not only does Fidelity charge a $100 TF to purchase D&C funds, they "hide" their funds!
From the www.fidelity.com homepage, input a ticker for a D&C fund in the How can we help?
field and press the Enter key to bring up the fund.
There is a $100 transaction fee to purchase D&C funds via Fidelity.
Schwab charges a corresponding fee of $74.95.
The transaction fee is high because D&C (along with Vanguard) refuses to pay for fund supermarket placement.
"IMO, a combination of mostly core-plus bond fund and some multisector bond fund cover lot of bond territory."
I agree.
But I'm considering possibly replacing my core-plus bond fund (DOXIX)
with a dollar-hedged global bond fund (PGBIX) sometime in …
"Anyone else thinking about becoming a one funder?"
I greatly respect Wellington Management and have owned several funds managed by the firm.
Fund consolidation and portfolio simplification is a worthwhile goal.
I believe a one-fund portfolio is no…
"So, how can anyone listen or invest with these guys?"
The long-term performance for GMO Quality Fund - Class III (GQETX) has been very good.
https://testfol.io/?s=4SKuOpC7IR2
GMO offers a newer ETF (QLTY) which follows the same strategy but omits…
I'm not very familiar with BINC so I can't comment on fund similarity.
It may be worthwhile to consider the following three multisector bond funds.
River Canyon Total Return Bond Fund - Institutional (RCTIX)
Intrepid Income Fund - Institutional (…
Lewis Braham provides an overview of TCAF, PRCFX, and TCAL.
https://www.msn.com/en-us/money/savingandinvesting/this-t-rowe-fund-manager-works-magic-3-new-ones-he-runs/ar-AA1KRcLX
