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.
With a 2-year time horizon I would go with Pimco Income and if you have $25,000 to invest, I would open a Brokerage Account at Vanguard to purchase institutional shares (PIMIX). There is a 34 basis point difference in the expense ratio between PONDX…
The S&P is leaving me in the dust this year. But at 70 now I have different priorities. I need a 2% annual return to not have to dip into my principal for living expenses. So slow and steady for me. And why I don't want to start spending do…
Posted today on The Independent Adviser for Vanguard Investors forum.
Summary
Some really good actively managed funds are being overshadowed in the current index fund craze.
Vanguard Wellesley Income is a nearly 50-year old fund with a stellar t…
Would love to consider a Miata, but that's even more impractical (no spare, no front trunk, no glove compartment), and I am now living where it snows occasionally (rear wheel drive and snow tires).
I have 1990 Miata (first year) with over 200,000 mi…
msf,
How about trying to get a good deal on a 1-year old BMW. Let someone else take the first hit on depreciation.
"The following is a list of the new cars resold most often as used within the first year of ownership, according to iSeeCars.com, al…
As a Firefox user for browsing, for all the good it does or rather doesn't, I always open a private window for browsing. I set the third party cookies to "NEVER". Why do you need to accept them? Any content I lose, is small compared to the reassu…
What muni fund(s) come to your mind that would fairly closely resemble the credit quality and duration of the 21% tax-exempt munis in PTIAX? OPTAX? PHMIX?
Mona
Hey Mona, just saw this. Short answer: a longer duration investment grade muni fund, no…
Andy, thanks for the information.
I may need to reduce or eliminate my position in PTIAX (I own it at Schwab) to make room for an international fund. I can increase my position in another fund/account that is heavy in Non-Agency RMBS (I own it at …
Regarding PTIAX, you're right Mike...about 36% in muni's. Per their website:
http://ptamfunds.com/documents/ptam-difference_ptiax_final.pdf
PRESS,
Unless I am reading the bar chart incorrectly, 24.7% are tax-exempt.
I understand why J. Bogle is not into International funds. There aren't a lot of Vanguard International Funds that I would want either. I do own VMVFX, along with GLFOX and GGSOX which are global funds, and FMIJX is my only truly International fun…
OAKIX recently re-opened to new investors while FMIJX is about to close. Both describe themselves as value funds. One seems to be finding values while the other can't and has accumulated a large cash stake. Go figure.
FMIJX is a concentrated fun…
I thought the Patriots were dead and buried.
Hi Junkster,
Bad play calling after the amazing Julio Jones catch with a little less than 4:50 remaining unearthed the Patriots. By that point they were destined to choke.
Mona
While Artisan has not announced their 2016 distribution estimates, their website says:
"Artisan Partners Funds 2016 distribution record date will be November 16th and the Payment or Ex-Dividend date is November 17th"
My question is which is the la…
ObamaCare Enrollees Face A Rude Awakening In Two Weeks
"A 25-year-old living in the state's vast "Inland Empire" who makes $18,000 a year will end up paying an average of $1,080 a year — after subsidies — for a Silver plan that comes with $3,000 i…
The steepening of the yield curve may be setting up the next great buy in fixed income, at some point down the road.
Fwiw, Pimco's been defensive on rates in most of their investment vehicles for many months now.
AndyJ,
Do you think it is too ea…
Hey folks. Was hoping to get some advice. As you know, Seafarer is closing as of the end of the month. I have a position in the fund at Schwab. Unfortunately, Schwab tells me that they are currently in negotiations with Seafarer in regards to wh…
I am still holding ARTMX in a taxable account and it too has not performed well in the past 3-5 years. To add insult to injury, from 2013 to 2015 it has distributed LTCG's of 8% to 16% of NAV and with an ER of 1.19%.
I will cut the cord this year b…
Interesting choice. It looks like you've highlighted the key difference between the two funds. Though I might add that as a consequence, DBLFX's broad allocations (government, corporate, securitized) hew much more closely to that of the typical f…
Hi John,
Great to see you posting again!
Being you seem to be familiar with American Century funds, what are your thoughts of purchasing TWEIX at this time?
Mona
Thanks, but I'll take BCOIX over this fund.
Nearly identical in most metrics (duration, credit quality, credit breakdown, number of bonds/bonds in top 10%, country breakdown). TIORX is long and short in cash, but with same net cash as BCOIX (n…
msf,
On the retail level, do you see a lot of migration from Vanguard Prime Money Market and their muni money markets to Vanguard Federal Money Market (settlement fund)?
Mona
Why not simply move to cash in the sweep? No money market at all? With this much money moving to the same source would negative rates be a possibility.
At Vanguard the sweep account is Federal Money Market Fund. Fidelity is also switching. Howeve…
Meh. Not seeing what size has to do with it, pro or con.
"Investors have poured $3 billion into the fund over the past six months and its assets have nearly doubled in the past three years"
Don Kilbride runs a concentrated portfolio of around 45 h…
Glad we got in on the admiral shares when we did, but at 30 billion, even though it's a large/giant cap type of fund, that's a lot of assets. It would be great if VG would also close Wellington...
Vanguard Dividend Growth only comes in one flavor a…
There was a possibility that VG may have added one more shop to manage part of the funds as they have done in other cases. But the manager's exceptional performance made them stay put and close ( joining the ranks of closed funds vpccx, vhcox, vpmc…
PressmUP , I see that solution putting more strain on medicare. If they're just hanging around waiting for medicare to kick in I think they should have saved a few more $$$ to pay for their health insurance prior to retirement !
Derf …
MJG,
Thanks much for all the answers to my questions.
Of course I would not ask you for the names of specific funds and "active fund components of my portfolio to approximately the one-third level" is certainly specific for me.
I appreciate your …
MJG,
Thanks for your post.
Would you kindly go into more detail regarding your thoughts of a portfolio split that includes both active and Index holdings.
Domestic equities? Internationals? Bonds? Percentage split?
Thanks.
Mona
Junkster is a Luddite. Never owned a smart phone or has ever texted. Still likes to use his VCR to record. What a dinosaur.
Junkster, you got me beat. I have never owned a smart phone, but about a year ago started texting. Now here is a challenge…
Vanguard is doing if not the same thing, something very similar.
"With Vanguard Voice Verification™, you'll be able to call us, verify your identity, and let us know who you are with just the sound of your voice. The service records your voice spea…
