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Subscription for mutual funds/OEFs by Vanguard is a bad idea. Money will just sit in a m-mkt fund & then be deployed on/after 10/14/23. Interested buyers can just buy it then.
Instead, Vanguard should seed new funds with its own money ($50-100 m…
I've been procrastinating forever moving my HSA from a low interest savings account to a Fidelity account to invest long term. This thread was the motivation I needed to make the move, thanks to @bee and others.
My HSA amount isn't great and with …
So, I shouldn't have added the AUMs from Fido (I thought I was simplifying things). Here are those as separate:
PEOPX, ER 50 bps
2021 $2.57 billion
2022 $1.87 billion
2023 $1.99 billion
DSPIX, ER 21 bps
2021 $3.20 billion
2022 $2.04 billion
2023 $…
PEOPX / DSPIX (ER 50/21 bps) CG distribution looks strange.
Its high outflows were in 2022. 2023 to 9/30/23 looks OK asset-wise. So, there must be huge turnover or churn to cause that high CG distribution in 2023 (or, is that data from last year?)…
I have watched OSTIX for years but never got into it. It has strategic in its name but has never ventured beyond HY. Here is the MFO piece,
https://www.mutualfundobserver.com/2023/04/osterweis-strategic-income-ostix-fund/
Periods like GFC 2008-09, pandemic 2020, recession and credit freeze are problematic for ALL HY - ST-HY, IT-HY, even multisector funds that include HY.
But the current thinking is that recession has been cancelled for now.
Wow!
DWS Equity 500 Index Fund I-class BTIIX AUM history from Fido,
https://fundresearch.fidelity.com/mutual-funds/view-all/25159R106
2021 $317.87 million
2022 $217.82 million
2023 $101.87 million
M* is showing 2023 AUM in ALL classes as $338.…
There are secondary sources that go over into HSA and Medicare details. Info is probably also hidden in some obscure federal publications. For your friend, it may matter more what her HR says.
https://offices.depaul.edu/human-resources/benefits/Docu…
@Mona, actually, she can also contribute $4,850 for 2023 by 4/15/24 so long as she signs up for HSA BEFORE December 1, 2023. Fido link has details.
Annual contributions are adjusted each year, so they may be higher in 2025, 2026,...
Tax math looks…
Fido SPAXX is among its core/settlement choices. It has zillion other m-mkt funds with higher rates and min.
SWVXX is prime-retail, although with gates vanishing, there won't be much difference between government vs prime-retail m-mkt.
HSA annual contribution limits are (single/family):
2023 $3,850/7,750
2024 $4,150/8,300
There is also additional $1,000 catchup for 55+.
https://www.fidelity.com/learning-center/smart-money/hsa-contribution-limits
Newer term-structure CEFs PDO and PAXS have discounts that will disappear in a few years. Many avoid them just because they are newer, but they are more attractive than their older BIG cousin PDI.
I also have HY VWEAX available in my 403b. Surprisingly, VWEHX and multisector PIMIX track each other quite well although they are very different funds. VWEHX SDs are a bit higher: 7.83, 8.74, 6.77, but its 30-day SEC yield is better at 7.84%. So, I…
3m T-Bill yields have been flatlined for weeks. However, 5y, 10y, 30y yields continue to rise due to the activities of bond vigilantes.
https://stockcharts.com/h-sc/ui?s=$IRX&p=D&yr=1&mn=0&dy=0&id=p7581576841…
@Mona, yes, Medicare allows cancelling Medicare (& join later w/o penalty) while employed, but your friend should check with employer/HR about group health insurance rules. More and more employers are now requiring Medicare when first eligible t…
Franklin Templeton, GIM, Saba (owns 31%) https://www.businesswire.com/news/home/20230825635490/en/Templeton-Global-Income-Fund’s-Board-of-Trustees-Selects-Saba-Capital-as-New-Investment-Adviser
https://seekingalpha.com/article/4636244-saba-takes-ov…
@Mona, yes, HSA contributions are not allowed while on Medicare.
Employers may now require Medicare signup for eligible employees. Mine kicked me out of the group plan as soon as I became Medicare eligible (as a retiree).
One huge benefit of HSAs…
@shipwreckedandalone ( do you know that MFO doesn't auto-fill-in usernames, and all letters in your name have to typed for MFO tag?), I have PIMIX available in my 403b. It's a giant fund and has been in the news for large inflows (see a thread nearb…
Funds mentioned have a bulge in 5-yr SDs. That is because they have full impact of pandemic 2020. The 3-yr window is just getting out of the main pandemic hit, and 10-yr reduces the pandemic impact as there are many non-pandemic years. That is why i…
There is some info on H.S.A. (to avoid incorrect MFO hyperlink) at
https://ybbpersonalfinance.proboards.com/thread/258/hsa-health-savings-accounts
M* had a recent update, https://www.morningstar.com/specials/the-best-hsa-providers
2023 M* Update …
I still see some confusion.
The fund being closed (QAAGTX) is an insurance product (a separate account). Filing is because the SEC also regulates VAs, VLIs, etc. See this from its prospectus:
"Purchase and Sale of Fund Shares
The fund is not sold d…
Price itself has this on its "financial intermediary" mini-site (see link earlier)
https://www.troweprice.com/literature/public/country/us/language/en/literature-type/prospectus/sub-type/vip?productCode=EXP¤cy=USD
This looks like Price Equity Index 500 PORTFOLIO that is offered via insurance products. AUM is $26.8 million only and ER is 39 bps.
https://markets.ft.com/data/funds/tearsheet/summary?s=0P00003DWI
https://www.troweprice.com/financial-intermediary/…
I checked NY 529. There isn't anything beyond VG Accumulation Portfolio (SV) for liquid cash. There is no brokerage window to access T-Bills.
https://www.nysaves.org/home/which-investments/individual-portfolios.html
VG Interest Accumulation Portfolio looks like a stable-value (SV) fund within 529. It owns a combo of insurance contracts, institutional CDs and a big chunk in VMFXX. Its 2.63% yield is nothing to write home about even for the SV funds. But if you g…
M* shows +$3.6 billion inflow for the entire D&C fund complex. So, lot of +$6 billion into DODIX has to be new money for D&C.
https://www.morningstar.com/funds/xnas/dodix/parent
Buyers of these funds are probably looking at attractive 30-da…
@Charles, thanks. Most sites have both MA & EMA (M*, MFO, StockCharts, Yahoo Finance, etc).
I tried to explain the differences and when to use them. For short-term trades, EMA (14d, 20d, 50d) may be more useful, but for longer term trades, eit…
@msf, thanks!
One tab I didn't look was Geeks + Lawyers - I thought that I was neither (-:). BUT there is all the info that I was looking for in the rest of the site. This included the CRITICAL info in the SAI that the fund was a series of the Fina…
@EvanDGI, Thanks for addressing some issues raised in my post.
The fund website should be a go-to place for fund info & should be more than a brochure or set of pages with PowerPoint look.
At DGIFX website, I was expecting:
A clear link in th…
Very difficult to find info on DGIFX out of MN (08/2011- ). Its equity has SC/MC tilt that is less common among allocation/balanced funds. There are lots of other funds/firms that use terms "DGI" or "disciplined", so web searches can be frustrating …
M* gets confused by L-S funds and hedging strategies. Moreover, it puts convertibles under "Other". M* Cash is anything under 12-mo maturities (others may use only up to 3-mo maturities).
So, on allocations of LCORX, M*, PV and Leuthold website dif…
New diabetes/obesity drug prices per month (image below should open), https://twitter.com/Jason/status/1692641465363493146
Only injectables, no oral tabs yet.
Most insurance cover them only for diabetes, not obesity.
Using the trick here, https://www.mutualfundobserver.com/discuss/discussion/comment/168701/#Comment_168701
FBALX 3-yr Rolling Returns, w/start 10/22/12, https://stockcharts.com/h-sc/ui?s=FBALX&p=W&st=2012-10-22&id=p19590251121
Now for…
Re StockCharts Rolling Returns with ROC(n), the free version has a limit of n = 600. So, in Daily display, that is 2.31 yrs max and in Weekly display, 11.53 yrs max.
So, one should switch to Weekly display and use n = 156 for 3 yrs, 260 for 5 yrs, …
