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I added more links to OP that I had posted from my phone.
We can only guess details for now.
Would physical facilities move from U Chicago in Hyde Park, Chicago to Morningstar HQ in Downtown Chicago? My guess is those would move to M* Downtown HQ …
@Observant1, thanks for the MSN link.
I have noticed that many subscription links end up as open at MSN. But there must be a delay. When I posted the WSJ link, I also looked for a MSN link but didn't find any. If I search now (title followed by MSN)…
This was posted in Facebook TIAA Group and here was my reply:
"My take - 2 links are at the end.
1. Plan fees are $32/yr plus fund ER (if applicable).
2. TIAA Traditional is RCP (flexible). There is no ER as it's run directly from TIAA General Ac…
"It did happen when the US was in financial crisis..."
In terms of budget deficits, total debt and Fed balance sheet, 2020 may look like ages ago. We have to worry about the next crisis and what could be done then.
Many brokerage trade confirmations now show prices with more than 2 decimals. One day, trade entry screens may also show more digits. Some VAs display prices with 4 decimals - CREF Stock/QCSTIX $1,76.9360 (TIAA website, but not at Yahoo Finance).
Bu…
Fund splits are useless exercises.
For ETFs, I can understand reverse-splits to avoid delisting (need > $1) or attract institutional interest (need > $5). But that isn't applicable to OEFs.
The entire process is screwed up!
First, there is budget fight.
Second, there is appropriations fight.
Third, President can unilaterally block/stop appropriated funds.
Fourth, after the money is spent, there is debt-ceiling fight.
Imagine how a…
Unless you changed Control Settings, PC display & HDD go to sleep at different schedules. So, all isn't running even if you keep it on 24/7.
One problems with older PCs is that they don't always wakeup from sleep & require Shutdown & R…
MFO truncated the long post, so the length limit may have been reached. Here is the rest.
INCOME INVESTING/FUNDS. MULTISECTOR BOND funds are riskier but allow exposure to several types of bonds – sovereign, corporates, HYs, EMs. A mix of core and m…
Both STX and WDC have small but rapidly growing solid-state drive (SSD) businesses. But most drives are still hard disk drives (HDD) because they are cheaper to make (but incredibly complex in how they operate).
WDC in fact offers combo HDD & …
@Derf, the MFO Discussion link was blank, but the MFO Homepage link produced that message.
I use Chrome (on PC), but I tested the outage via Edge (on PC) and phone (Android) browsers.
All the while, MFO Premium (MFOP) was fine - I think that it's …
Before I started the OP, I looked for a recent thread on slow loading of MFO pages or threads. In that thread, reports were mixed - some experienced delays, other didn't.
When I couldn't find that thread, I knew that posts were missing.
My guess …
i thought PPI had been debunked as being not that useful as a leading indicator?
https://www.valueplays.net/2025/09/10/industral-production-continues-to-counter-pmi/
It's easy to get mixed up by the alphabet soup - CPI, PPI, PMI.
Link provided is…
A lot would depend on your tax bracket, age & estimated income in retirement.
If you go for maxing regular 401k, you may gradually convert to Roth IRA in lower income years.
Mixing up may be a good compromise.
And why not start in 2025 - the…
Yield-curve control is something central banks to, not funds.
Most intermediate-term bond funds manage their yield-curve exposure by following strategies such as barbell approaches (i.e. loading up on ST and LT binds but skipping the belly, when ap…
Securitization is a well-defined process that isn't considered among derivatives, but some may do so. Risks of securitization come from tranches of various credit ratings. As the underlying portfolio typically has mid-quality, the traches have ratin…
I have had CEFS for a while. It's a conservative=-allocation ETF of CEFs. Its ER is high even considering that underlying CEFs have high ERs due to leverage. I went into it thinking that it will get some boost from Saba's activist campaigns. But it …
Very old Morningstar risk scores were within the categories and were quite confusing to use.
Morningstar has been tweaking its stats.
Its current MPRS risk scoring system is no longer relative to the categories. It's an absolute scoring system tha…
I have been tracking AAII Sentiment for a very long time - elsewhere before here. But that's only 1 indicator of many, & in recent years, it has been sending negative signals while some other indicators were just the opposite.
Some also differe…
Check MFO Premium (MFOP) for insurance funds (IFs).
https://ybbpersonalfinance.proboards.com/thread/539/mfo-premium
"MULTISEARCH can used for fund listed funds (OEFs, ETFs, CEFs) and proprietary Insurance Funds (IF-xxxx). For insurance funds, use A…
OP had a limited question. But posters have included broader solutions that may benefit general readers.
TIAA product that @msf mentioned is available only in TIAA plans and TIAA IRAs (recently made accessible to most). You will need an account at …
Very old Morningstar risk scores were within the categories and were quite confusing to use.
Morningstar has been tweaking its stats.
Its current MPRS risk scoring system is no longer relative to the categories. It's an absolute scoring system tha…
@hank, there are already many +/- 1x & 2x ETFs (some 3x ETNs) on various indexes. Invariably, one of these (+ or - version) will head toward zero and may dissolve or do reverse-split. The fund firms collect the ERs either way.
A report from Chicago Metro area.
There have been reports of National Guards & ICE assembling in an old naval base in the northern suburb of Glenview. See Chicago metro map:
https://en.wikipedia.org/wiki/Chicago_metropolitan_area
Glenview is a…
AAII Journal has a good article (subscription required) on Budget 2025 tax implications. But it has 2 summary tables that are open.
https://www.aaii.com/journal/article/336923-what-the-one-big-beautiful-bill-act-means-for-your-taxes
https://www.aa…
History is interesting.
Bogle was rushing to launch no-load Vanguard in 1974/75 because he was afraid that Capital Group/AF may beat him to that.
But Capital Group did nothing of the sort. In fact, it became the class champion - tapping all channe…
There are now brand new Vanguard/Wellington ETFs (active): VDIG (ER 40 bps), VUSG (35 bps), VUSV (30 bps).
Subscription link https://www.barrons.com/articles/vanguard-active-funds-38f74fcb
For QUOTES for less traded or illiquid securities, funds can use matrix pricing (i.e. use something similar that traded recently) or 3rd party quote services. So, for better or worse, traded/listed funds will have daily NAV. As such, illiquid securi…
The current SEC rule for funds is to restrict illiquid securities to 15%. But the rule hasn't been tested in the courts.
There was one case where SEC fined a firm for violation of this rule, but the firm countersued that the SEC wasn't authorized t…
Unfortunately, only portfolio position % can be entered in Portfolio Visualizer (PV) and TestFol.
Broker sites may show %, or if the data can be downloaded into Excel, % can be calculated easily.
Prospectus revisions may be sufficient notifications. Many mutual funds are already investing in private-equity. There is boilerplate language on what funds are doing now or may do in future.
DOL only affects 401k/403b, not regular funds. And priva…
In Europe and Asia, where government stakes, golden-shares or board seats are common, companies are also restricted from acting quickly on labor or old plant shutdowns.
US companies are much quicker in taking labor or plant/capital decisions. This …
One concern has been what if the Gov provide all this "assistance" to INTC for its chip foundries & then INTC just sells majority stake or all of its foundries.
After all, INTC efforts to become contract manufacturer for others failed miserably…
