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.
Vanguard is well-known for its passive index funds.
However, it is also one of the largest managers of active funds.
Vanguard's AUM for actively managed funds was more than $1.7 trillion as of February 28, 2022.
Some of its mutual funds advised by …
My expectation is that inflation will remain higher than expected for longer than expected.
The Fed may need to be more aggressive than many anticipate.
@Mav123,
The Summary Prospectus (dated August 1, 2022) indicates that Rajiv Jain,
James Anders, Brian Kersmanc, and Sudarshan Murthy manage GQFIX.
Mr. Kersmanc and Mr. Murthy started managing the fund on July 1, 2022.
Who departed GQFIX?
"The 5-deck ship, which boasts an infinity swimming pool plus a 3D cinema, has drawn a 'staggering amount of interest,' Hollyer said, citing about 115 inquiries and 28 inspections by potential buyers or their survey teams to date."
Darn it! This m…
Vanguard's domestic equity index mutual funds with an ETF share class are listed below ¹.
Vanguard 500 Index (VFIAX)
Vanguard Dividend Appreciation Index (VDADX)
Vanguard Extended Market Index (VEXAX)
Vanguard Growth Index Fund (VIGAX)
Vanguard Hig…
Many stories proclaiming the death of the 60/40 portfolio have been written over the past decade.
The pundits have been wrong about this.
It will be interesting to see how this portfolio behaves during the next recession.
I have a feeling those who …
I went to the Economist website and clicked on Manage in the "Information We and Our Partners Collect About You" window. The toggle switches for Advertising, Analytics, Marketing, and Functional were in the left position and they were greyed out. Th…
You may also want to configure cookie usage via your web browser.
For example, you can delete cookies when browser is closed and also
block third-party cookies (may cause some websites to break).
As of the date of this prospectus, only the following investors may make purchases in the Virtus KAR Small-Cap Core Fund and the Virtus KAR Small-Cap Growth Fund:
• Current shareholders of the funds, whether they hold their shares directly or throu…
I purchased 13-week T-Bills (which recently matured) at Vanguard.
I was informed that when T-Bills mature the proceeds would automatically go to my settlement fund.
In a subsequent conversation, a Vanguard rep mentioned no other options were avail…
@Derf,
I was unable to purchase Treasuries in May via Vanguard's website using Firefox.
More info here.
My guess is that Vanguard has optimized their website for Chromium-based browsers.
Firefox uses the Quantum browser engine and is not based on…
Speaking of malfunctioning websites, has anyone viewed Vanguard funds on its website using Firefox?
It appears there are issues ¹ as a result of recent Vanguard "improvements."
1) No margin on left side of page.
2) Headers (Overview, Performance &…
Excerpts from Heather Cox Richardson's August 11 newsletter:
"Contrary to right-wing reports, Trump’s lawyer was at Mar-a-Lago during the search, which a federal court authorized after finding probable cause. Garland said that he personally approve…
The former POTUS is very Machiavellian and he'll attempt to take advantage of the situation.
He often likes to portray himself as the victim.
I find it incomprehensible and disturbing that so many people either believe this bullshit
or help propagat…
Does anyone think that Garland wouldn't have risked this search or raid if he wasn't 1K% positive of the results? I'm also curious to know why Trump didn't object to releasing the search warrant contents.
I was wondering the same thing.
I assumed fo…
"But rest assured: Legacy will not be retired until all those features are successfully up and running in Investor. We’ll communicate our progress along the way, and if we aren’t on track to hit our goal, legacy will remain until we are."
I haven't…
What is the significance of a new high for the S&P 500's cumulative A/D line?
Historically, has this proven to be a reliable indicator of future performance?
Bringing this discussion back up for everyone. I would really value hearing what everyone's favorite small cap funds are. WAMCX was my primary holding in small cap for several years but it got crushed in the market selloff over the last year. I'…
This is my fear as well.
Many supporters of former POTUS believe the "Big Lie" and think this FBI investigation was politically motivated.
Alarmingly, some supporters are extremely violent and present a clear and present danger to society.
The charting feature now seems to have been restored to its former functionality: it's possible to set custom dates, compare funds / ETFs / stocks.
I haven't checked this yet, but I'm shocked that M* actually restored chart functionality.
Histori…
This guy previously stated that taking the Fifth amendment was practically an admission of wrongdoing.
Here's what he said during the 2016 presidential campaign:
“The mob takes the Fifth,” he said at an Iowa campaign rally in September.
“If you're i…
The former POTUS has a long history of evading responsibility for his actions.
He is the true "Teflon Don."
With several concurrent investigations underway, his luck may be changing.
"Didn’t bother listening to somniferous Larry."
Funny you should mention this.
This is not intended as a slight against Mr. Summers, but while watching
the past few Wall Street Week episodes I dozed off during his segments.
I probably should get s…
Mr. Rattner believes markets are overly optimistic about how much the Fed will need to hike rates.
He contends rates will have to increase substantially since the embedded rate of inflation is 4% - 5%.
He is currently fairly bearish on stocks.
Good post. The longer you check, and I'm talking about at least 20-30 years, a cheap index such as the SP500 beats most stock funds.
The SP500 is based on the best indicator, the price. The price never lies, regardless of any opinion.
The SP500 is g…
High active share was once touted as a desirable attribute for actively-managed funds.
Some people claimed that funds with high active share would outperform.
Alas, this has not occurred largely for U.S. equities over the past decade or so.
John Re…
Jerome Powell recently stated that the current 2.25% - 2.50% Fed Funds Rate is neutral.
The Fed's preferred measure of inflation is the PCE Price Index.
Year over year, PCE prices increased 6.3% for the period ending in May (latest available stats).…
Barron's published an article about buffered ETFs this week.
"Most issuers offer a monthly series of defined-outcome ETFs, with the outcome period typically starting on the first trading day of each month, although some offer quarterly products."
…
@Observant1 - Thanks for posting. Changes hadn’t yet been implemented far as I could tell when I checked the December 2021 report a while back. (But was aware of the S&P short position.)
That last line … a bit disconcerting … :) / Also…
@Crash,
My information source is the DODBX Fund Report published by M* on 06/16/2022.
A new balanced fund committee took over management of DODBX in May 2022.
This committee began as a working group following the fund's steep losses during the 20…
