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.
Even if you did not have HC funds / stocks, PRWCX alone gave you a material HC overweight.
As of 10-31-2024, PRWCX held a 14.7% HC allocation within the fund. Healthcare has just over an 11% allocation within the S&P 500.
M* shows 23.65%…
Part of my Trump trade was reducing my HC sector overweight. Started before the election. Stopped the three days after election and restarted this week but was not fast enough to eliminate the overweight before RFK was nominated. Even if you did …
@WABAC, once in a century pandemic is not a good data point for planning. Seems like PULS and VRIG did fine in 2022 and while nothing alarming, JAAA chart of 2022 was less than my expectation. I personally would count all three in the dry powder b…
CBRDX - CrossingBridge Responsible Credit Instl. Vary strange name. Are all the other CB funds Irresponsible Credit?!
Any way, Thanks for sharing @WABAC. 60% dry powder? Good for you.
BTW, SPX is back to where it was on Oct 15. IWM is still s…
If I can ask you guys a favor, pl keep an eye on this fund as they are likely to make moves that would create liquidity for shareholders. It is just a question of how soon they get the AUM to their personal goal before they do that. Keep me posted…
I knew it was not a Trump trade for you because you did not post in the past few weeks about it. Hope it works out for you. It is a Trump trade for me. I sold some today because Rick Scott lost. Flyer it is.
"returns prior to 2023 are lackluster at best"
Looking at the strategy in the OP and the chart, I am guessing this fund's duration and performance should be compared to floating rate short term funds accessible at the brokerages. This fund's retur…
@stayCalm,
Let us know if you buy and what you learn.
Pl check whether redemptions are entirely at the discretion of the board of directors. At least with interval funds, you may be able to get out 5% every quarter. A Tender fund may be more r…
@BaluBalu ….it stabilized a bit this afternoon. It spiked up to be my third largest individual holding yesterday, but I’ll continue to watch and wait. Some folks with deep pockets close to Trump have a boatload…Ackman specifically.
I had updated …
I probably will regret but I sold out of FNMA. I have been watching a lot of Trump trades reversing in their post election price bumps and this turned down today for the first time in a week.
David, My trade frequency is not much at Fidelity but I asked Fidelity to classify my account as an ATP account, even though it did not meet their traditional criteria for ATP classification and they obliged. (They do not want you to move to anothe…
Before you go too far into the weeds of researching this, pl check (and report back if u do not mind) in which brokerage this fund is available and whether this is some type of interval fund (i.e., restricted redemptions).
Good post BaluBalu.
I think that 13 voted for Rick Scott but he was 1 vote short of advancing. And, then a we know, John Thune beat John Cornyn in the runoff.
MAGA was pushing hard for Rick Scott. He was the CEO of Columbia/HCA (now HCA Healthcare…
Good attitude cause we ain’t seen nothing yet. Best to conserve energy. You can not win if you do not survive which requires being humble which means not taking it personally.
My suggestion to everyone is help if you can when someone needs help…
At Fidelity I myself have never been connected to a trader without going through a rep first.
I am surprised. I always seem to connect to a licensed broker who can place trades for me without having to pass me on to someone else. It so happened, …
Agree with MikeM.
Also all appointments have to get past John Thune, the new Senate majority leader, who easily defeated Rick Scott in the Senate leadership election today. Every Republican Senator, except the 8 that supported Rick, have a vested …
Something that @msf had mentioned previously and it is worth noting for anyone thinking of opening an account at Merrill. In the IRAs, your mutual fund sell order has to settle first before you are able to use the proceeds to buy anything else. I …
That was a joke + sarcasm at Americans who advocate / cheer for more Presidential power. Of course, it is egged on by pundits in the media and sycophants looking for powerful Govt jobs. Enablers are not without personal ambitions of their own.
I'll place this link again, if you haven't saved it for viewing. Take a peek, for some of today's action.
ADD: you may use the link to follow the sectors markets when the U.S. markets are open. One may bookmark this page or save the link to your e…
Thank you, David, for the detailed reply.
QLTY is too focused (not diversified enough) so it can make idiosyncratic price moves. I would recommend SPHQ to anyone exploring Large Quality factor. I happen to own both.
Pure speculation on my part but I do not believe Fidelity would have hit me with margin for any equity trades made yesterday.
If non-sweep Fidelity MM are not trading yesterday and if you did not have money in the sweep to cover your trade, then I e…
Sold fmsdx
I do not see any green across any of my risk asset watch lists. Good timing on your recent selling.
Are you done selling or more risk off to go?
What percentage of portfolio are you targeting for low to no risk (fixed income + MM + cas…
I'm getting an education. Very late last night, I also uncovered the fact that PIAMX is CLOSED---- though wonderful M* asserts it is open. Horsefeathers, stinky poopy. Wasted time. Thanks for the explanations. Lessons learned, as I go sliding down t…
So, NVDA got a 2.1% weighting in DJIA ( it has a 7.1% weight in SPX). While SHW has a 0.2% weight in SPX and 7.1% weight in DJIA. The magic of price weighting in DJIA
This post is a true off Topic but relevant in the current political environment.
My second grader niece goes to a public school in the Bay Area. Both her parents hold masters degree in engineering. The kid was sick with cold and cough and night s…
