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BaluBalu
Professional Experience:
Corporate Finance (Corporate Venture Fund investments, International and Treasury finance, Public Debt issuances, M&A, Joint Ventures, Planning, Business Divestures, SEC filings);
Policy and Legislative & Regulatory Affairs - Washington DC;
Capital Markets - London and NYC;
Commercial Bank Lending;
Field Biology.
That is a premium bond, so YTM, YTW would be lower.
https://www.investing.com/rates-bonds/ba-8.75-15-sep-2031-scoreboard
@yogibearbull,
By this time in the interest rate cycle, hopefully, it is second nature for everyone here to know that. I was a…
Thanks, Yogi.
I was looking at Boeing bonds. The one with CUSIP - 097023AE5. Why does Fidelity show a cCurrent yYield so different from Yield to worst (see below) when there is call protection. Am I not paying attention to something obvious or d…
The first Treasuries I invested in at Vanguard matured today (actually, the maturity date was 1/15/2024). At Fidelity the money shows up in my account in the AM on the maturity date. The matured T-Bill is still in my Holdings at Vanguard and no ac…
I used prior year safe harbor to figure out if I need to pay anything at all today for 2023. Likely, I have a higher tax liability in 2023, just because most of us earned a lot more interest income in 2023.
Thanks. Bad sleeping habits. I can blame it on the cold but then you are in Chicago!
I need to revisit the SEC rules on in-house MM funds - I thought T+0 is required. For TD, Schwab MM are like other mutual funds - T+1, which prompted me to expl…
At Schwab / TD, if you have a margin account but no marginable securities because everything, including MM, is recently purchased, can you be charged margin interest for making a buy, after first placing an equivalent amount of sell MM order?
Thanks @Catch22.
I think you are required to have a sweep (core) account but the balance can be zero, which is the case for me most of the time. When I sell something, I buy into FZDXX (or FDLXX in taxable account) - better to make sure money show…
Thanks to both of you.
I did not know that about TRP. Luckily, their three funds I own do not hold hedge funds. PRWCX does not - may be because they do not treat it as an allocation fund, notwithstanding how M* classifies it and how I view it.
…
"I do not understand the interest in hedge funds. . . . T Rowe Price started allocating about 10% of the holdings in their allocation funds several years ago, and I can discern no improvement in their mediocre returns."
@Tarwheel, could you please …
If an investor wishes to hold multiple moderate allocation funds in their portfolio, can JHQAX be one of those funds, even though it is not structured as an allocation fund?
I have incurred too much opportunity cost chasing purported holy grails …
Fidelity website still does not show the fund is available to purchase. When I checked with Fidelity on the date of my earlier post, Fidelity said they do not have any ETA when the fund might be available on their platform.
Currently available a…
@Tarwheel,
Not sure I understand why you are focused on settlement date when you are buying. Your trade date determines your purchase price. If the settlement is T+2, instead of T+1, presumably Fidelity gives you an extra day of interest on your…
How long has Bruce held JOE as a material holding? What %age of FAIRX does Bruce own? The fund has 2 stocks amounting to 87% of Portfolio and 10% in cash. The other one being EPD. He must have God status in the eyes of Fund shareholders!
Yes, JQUA is an outstanding fund and I could be wrong but I do not think posters were attempting to figure out which are the better Quality funds but were more focused on discrediting Inker's thoughts. I think JQUA was previously mentioned in this …
"I'm guessing many folks left RPHYX (I am also currently a shareholder) because one could do better in treasuries over the past year or so. I was disappointed in the degree of downturn in this fund of late."
Do you mean the loss of AUM or total ret…
only curious if this is in each fund or an aggregate amount in the funds of the firm?
"Schaja has invested more than USD 1 million in five of the six funds RiverPark offers"
If the answer is not known off hand, no need to look it up for me.
FYI …
@mikem,
Do these desired customers have better or legacy tools that we no longer have access to? I hope you are right for their sake. Not sure what they are gaining by the continued loss of reputation or brand in the eyes of those M* no longer wi…
For some reason, Financial Services industry allows sub par customer focused companies to survive far too long. May be when it comes to money matters humans have sticky behavior.
It would be interesting to see the total return of investing in MDY or SPY two days before vs the day of distribution (i.e., payment date) for each distribution date since the inception for MDY or SPY.
The above is not a brokerage contest. If it w…
It would be interesting to see the total return of investing in VHT two days before vs the day of distribution for each distribution date since the inception of VHT. I am fine if one were more interested in checking that out for SPY.
Going from one class to another?
Assuming the fund allows conversions, not all brokerages allow conversion, even if willing to pay a transaction fees for the conversion. E.g., TD once told me I have to sell one class and buy the class I want to co…
@BaluBalu
“My” VHT Dividends reinvested @ $248.78 on 12/22/23.
That is a 0.15% worse price. Only one data point but I guess I am not transferring the shares to Vanguard!
If I were to go by Yogi’s post, Vanguard reinvests on the payment date. …
@yogibearbull,
I read the fair mark article you posted. Do you know the date of the article? When I read articles I usually look for the date of the article and in this case I was not able to figure that out. Thanks.
P.S.: it turns out your f…
In the US, I think the trade date vs settlement date for this purpose keys off of what is considered a closed transaction. I think publicly traded stock and ETF transactions are considered closed when the trade goes through. In any case, wait for …
Some funds do not reinvest capital gains (I think both short and long-term) but reinvest dividends. If your brokerage is reinvesting on the open market, they may reinvest your dividends and capital gains. But hopefully, your ETF is managed well e…
@sm3, I do not read SA articles but I presume the article is saying settlement date and not trade date is the relevant for counting gains and losses. Let us wait for @msf and others to dig up the Revenue Ruling or other authority that shows for pub…
@anna, I never received or asked to receive a refund because I always rolled over to the next year. My Dad receives his refund and I remember he telling me that the IRS paid him interest. So, you probably will receive interest on the refund. I do…
I had looked up the potential YE ETF capital gain distributions at the Capital Group website (the part of the table that deals with ETFs). They are still notated with a "-". I guess you are treating "-" means zero.
@anna, not sure I follow your question.
The IRS can process and send us a claim as long as the statute of limitation is open. After the statute of limitation expires, they are SOL (i.e., out of luck). We we can not compel them to act before that …
