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.
Just ahead of his US visit, PM Carney invited King Charles to open the new session of the Canadian Parliament 5/26/25. Something quite rare.
There has been no formal response from the Administration. I suppose it won't want to do or say something t…
2 modifications of allocation/balanced funds have evolved:
1. It's OK to include "cash" in fixed-income. "Cash" broadly includes T-Bills, money-market funds, ultra-ST bond funds, short-tern CDs, stable-value funds (SVs) in 401k/403b.
2. Add some a…
Hear "You don’t find out who’s been swimming naked until the tide goes out" in this video, 4/25/1994
https://buffett.cnbc.com/video/1994/04/25/buffett-you-dont-find-out-whos-been-swimming-naked-until-the-tide-goes-out.html
For some reason, David Se…
Barron's online has a caution on the target-date funds (TDFs; AUM $4 trillion) that are popular in retirement plans. Many TDFs have gotten riskier. They lowered fixed-income allocations during the low-rate environment to increase equity allocations,…
Individual bonds typically pay interest every 6 months, and reinvestments of small amounts won't be practical. So, low ER bond fund is the way to go.
Individual zero-coupon bonds do have built-in reinvestments at interest rate determined at the tim…
I have setup all possible alerts on my card accounts - large purchases, card used online only, international charges, etc. These are informational.
In addition, banks may send their own alerts for suspicious charges and those must be responded to b…
Mutual funds/OEFs are losing AUM in 2 ways.
There are CIT cousins with lower ERs within 401k/403b.
There are etf conversions. ETFs have much better accessibility. Fido and Schwab have good NTF platforms for OEFs, but many others stink.
Also, afte…
Tested the new daily FLOW feature for several funds:
Several ETFs - they work. Great!
But OEFs were hit & miss - some runs were completed (FDGRX, QREARX), but others failed to finish.
Failed Examples - VFIAX, VFINX, VWELX, ABALX / BALFX, FCNT…
There is a PRCFX Prospectus Supplement that indicates change to daily accrual and payment of monthly dividend on the 1st of the month. Websites, including Price itself, have yet to catchup.
It looks like a sudden change. Supplement dated 3/7/25 bec…
In T Rowe Price April 2025 distribution table, PRCFX / PRCHX is shown as N/A. Looks like skipped for some reason.
https://www.troweprice.com/personal-investing/resources/planning/tax/dividend-distributions/mutual-funds/2025-monthly-distributions.html
Prior MFO post on CCLFX; there are also related posts in MFO/MFOP Ratings thread.
https://www.mutualfundobserver.com/discuss/discussion/comment/182683/#Comment_182683
Morningstar has an updated feature on CCLFX - how it became the biggest interval-…
Thanks.
It's good to hear Bengen.
His 4% initial w/COLA is a good start, or a good benchmark.
But there are many approaches - variations of Bengen's, dynamic approaches, increasing equity gradually in retirement, % withdrawals with or without re…
@Charles, I moved the CCLFX post to a more appropriate (older) thread. https://www.mutualfundobserver.com/discuss/discussion/comment/191608/#Comment_191608
I had just searched on "interval-funds" and updated a recent post (here) with new informatio…
Yes. Using BAGIX as an example,
MFO Failed Link http://finance.yahoo.com/q?s=BAGIX
Correct Link https://finance.yahoo.com/quote/BAGIX/
Note that there is a slight change in the URL.
It's like several other problems at MFO, like the nonexistent ET…
TSLA peaked in December 2024 & many people sold it then. Even banks got out of lot of TSLA debt that they were stuck with.
The loss was bad but was expected. It's just a wiggle in the chart.
https://stockcharts.com/sc3/ui/?s=TSLA&p=D&b=…
Brokers send fractional orders to small odd-lot brokers. My guess is that restriction may come from there - trying to track tiny fractional orders for GTC may not be worth their while.
Where is your a/c? Looks like your broker clears through Pershing - T Rowe Price, TIAA, etc use Pershing as clearing broker.
Fido, Schwab, Vanguard self-clear.
At Fido, fractional trading allows only day-orders, not GTC.
What types of orders can …
Private-equity/credits aren't required to mark-to-market, so most don't. Some may do quarterly valuations, others annual. So, their reported performances are suspect.
But some exposure may be OK.
OCC has issued conditional approval for Capital One/COF and Discover/DFS merger. Condition is the removal of some past regulatory issues at both companies - COF will submit a written plan for remedies.
https://finance.yahoo.com/news/capital-one-dis…
This WSJ news is from Morningstar website. Basically, among the Big 3, S&P and Fitch have downgraded the US already, and Moody's may be getting ready too.
FWIW, the 4th credit rating agency is Morningstar DBRS and it has reaffirmed US AAA ratin…
In the past, the US encouraged foreigners to hold $s & invest in Treasuries.
OPEC is source of petrodollars.
When US-China relations were good, the former Treasury Secretary Rubin made several trips to China to convince it to buy US Treasurie…
"Carney, Canada’s Prime Minister, wasn’t just sitting in Ottawa twiddling his thumbs. He’d been quietly increasing Canada’s holdings of U.S. Treasury bonds—over $350 billion worth by early 2025, part of the $8.53 trillion foreign countries hold in U…
Death-cross (or golden-cross) is a notable event. What people do with them may vary.
If I am about to buy something, and death-cross is forming, I will delay buying a few days to see how it plays out. It's a negative formation that would prompt oth…
Lutnick is saying that this electronics tariff exemption is just temporary.
May be Bessent, Lutnick & Navarro should be required to issue joint statements only.
https://abcnews.go.com/Politics/commerce-secretary-lutnick-tariff-exemptions-electr…
Looking at social-media noise, this story by WIRED (that SSA will use X/Twitter for its communications) has been denied by SSA, but WIRED stands by its reporting. Stay tuned.
