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.
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, …
In mid-2010, there was a great rally in biotechs but then there were huge numbers of biotech IPOs. That basically was a big negative as many hyped and unprofitable IPOs flamed out.
It is notable that NVO is so crazy now that it has market-cap large…
The average business cycle is about 4 years; not strangely, the US Presidential cycle is also similar. So, I like to look at 3- or 5- year rolling returns, where available.
Portfolio Visualizer has a Rolling Return tab that has built-in 3- and 5- …
@Crash, you can buy Treasuries at brokerages commission-free. Savings Bonds/ I-Bonds can be bought only at Treasury Direct (TD).
Those who buy Treasuries at TD must move them to brokerages first if they want to sell before maturity. That is why, it…
@Crash, did you "Dismiss" (from Setting wheel) this Announcement? It's already at the top.
Once "Dismissed", one cannot "Un-Dismiss". If that happened, you may want to Bookmark it.
https://www.mutualfundobserver.com/discuss/discussion/58904/announc…
For TIAA-CREF (T-C) funds,
T-C G&I TIGRX / TRGIX 18.42% / 17.90%
T-C LC Value TRLIX / TRLCX 5.95% / 5.98%
Following are not large but notable for index funds.
T-C LC Value Index TILVX / TRCVX 2.52% / 2.47%
T-C SC Blend Index TISBX / TRBIX 1.46…
Funds that invest in VARIABLE rate securities tend to be less volatile (because of smaller duration) than those that invest in similar quality fixed-rate securities. Of course, they work the best in steady or rising rate environment.
This year, ju…
CVSIX has stocks, bonds and other (convertibles). It has long and short positions. M* Category is Alternatives - Relative Value Arbitrage:
"Relative Value Arbitrage
Relative value strategies seek out pricing discrepancies between pairs or combinat…
For regular Treasuries, interest is paid out every 6 mo. You can spend or buy more Treasuries. If interested in compounding, buy Zeros - most are stripped Treasuries.
2021-23 will go down the history as the WORST period for bonds. Investors and organizations (M*, etc) that have gone exclusively with bond FUNDs only for all times have done poorly. But those who have also used other fixed-income tools have done bet…
BTW, M* has greatly expanded its Analysts coverage by folding the old conputerized Q-Ratings into regular ratings. One can still guess from the gobbledygook in the report texts which are really the old Q-Reports.
@msf, good PV analyses.
For me, this started out as a broader mini-project in response to Vanguard's request to bring up several Admiral accounts for VG hybrid funds to min $50K - I posted on that. I have finally DUMPED all those hybrid funds, and …
TransUnion fined for reporting errors and misrepresentations/lying about credit locks and freezes.
https://finance.yahoo.com/news/1-us-regulators-fine-credit-141314874.html
@Sven, that is the main problem of nonselective/comprehensive indexes such as R2000/IWM and extended market/VXF. They include almost 40% SCs that are losing money.
IJR, SPSM are better SC indexes. Also active SC funds should avoid this problem but …
Enna/TIPSWatch in 5-yr TIPS auction on 10/19/23.
https://tipswatch.com/2023/10/15/this-weeks-5-year-tips-auction-offers-a-solid-investment-opportunity/
@Derf, another way to calculate TR is to use adjusted-prices between the 2 times.
So, for simplicity, assuming that from 11/1/10 (adj-price 6.93) to 10/13/23 (adj-price 9.61) is almost 13 years, the TR = (9.61/6.93)^(1/13) = 1.02547 or +2.55%. So-…
