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.
Reply to @Old_Joe:
Of note:
MAPIX bought the dust, down almost 4% ... "O bury me not, on the lone prairie..."
Didn't MAPIX declare a dividend today?
Mona
Reply to @BobC:
Well, I do not know if I need to raise the white flag, but here is some information and data.
The objective of PIMIX is to generate income and distributions. There are some limitations; it can only invest up to 50% in high-yield a…
Reply to @hank:
Hi Hank,
Thanks, but I simply am trying to learn.
I think you said the operative words.
we need to assess and then trust in management to implement the fund's stated approach
I trust Dan Ivascyn (the management part) and that's w…
Reply to @BobC:
I would not spend time trying to analyze whether you are allocated appropriately in each sector of the bond world. Remember that you are HIRING MANAGERS, not BUYING FUNDS. You should know just as much about the person(s) running the…
Reply to @msf:
So I'm not sure where the 64% comes from. The DWE is from Pimco's page: http://investments.pimco.com/Products/pages/314.aspx (portfolio tab).
msf,
To see the 64%:
1. In the link click on "Documents"
2. Scroll down 10 documents to 3…
Reply to @BobC:
Hi BobC,
Thanks much for your post.
You have provided me good thoughts. Thanks. At this point in time, I too am most comfortable with good management teams and funds with low average duration. That's why I am getting the larger p…
Reply to @AndyJ:
AndyJ, Hiyield007, BobC, et al.
I have made a few moves that I would like to mention, but there might be another one or two more to go. Again, one of the problems is I have multiple retirement accounts that cannot be consolidated…
Hi AndyJ,
as in credit vs. interest rate risk
Think I got it.
If Ron's fixed income would have included a fund such as VFIDX instead of OSTIX or TGEIX, I assume you might have said "but your bonds as a whole have a bit of a tilt to interest rate ri…
Reply to @AndyJ:
Hi AndyJ,
but your bonds as a whole have a bit of a tilt to the credit side ... which is a good thing now, but who knows down the road.
What is meant by "credit side" in this context?
Mona
Reply to @David_Snowball:
Hi David:
I'm afraid I had to delete your other post on the fund. The material you shared was premium content from Morningstar.
What research I have time to do, I go my local public library, who subscribes to the likes o…
Reply to @Hiyield007:
Most instead rely on the advice, suggestions, recommendations of others on what to buy or sell.
Hiyield007,
Should I sell PIMIX and buy OSTIX ;-)
Mona
Reply to @AndyJ:
AndyJ, Hiyiels007, BobC, et al.
I am looking for some thoughts as to how best to reduce some funds, keep quality funds in their respective space, and maintain short to intermediate duration. As you look at this, keep in mind that…
Reply to @bee:
bee,
If you like VHCOX, you will love POAGX. When VHCOX was a midcap growth fund, I had a nice position in it. However, when it morphed into a large cap growth fund, I switched to POAGX, a true midcap growth fund, and never looked …
Reply to @JoeNoEskimo:
If you are ok with lower but very smooth returns, the vehicles I prefer are MASNX, OSTIX (becoming very popular), SDGIX, PUBDX or MWCRX, and my "safety" fund RPHYX
What are the differences and similarities between OSTIX and …
Reply to @randynevin:
I think you mean VGTSX (Total Intl) rather than VGSTX (STAR).
Yes, thank you. But I really meant VTIAX, the Admiral shares of VGTSX.
Mona
Reply to @MaxBialystock:
Max,
It looks like MAPIX and MACSX have been running neck and neck for about a one and three year period with similar risks. What is your take?
Mona
There are numerous other bond funds to consider that have much, much shorter durations for the same or better yield than VUSTX
Hi Bob,
Which specific shorter duration bond funds do you have in mind?
Mona
Reply to @Hiyield007:
Even though junk is insanely overpriced I ventured back in with my all time favorite junk fund - WHIYX
Hiyield,
Why WHIYX and not OSTIX which seems to operate in similar space?
Mona
Reply to @Ted:
I can't log on MFO when using Firefox, it doesn't recognize my username and password.
Hi Ted,
I only use Firefox and have no problem logging in and out of MFO. There must be some setting in your Firefox that is preventing you, but I…
Reply to @Investor:
ARTKX is a good fund but I did not recommend it because it is closed for new investors.
Just as a reminder, if you have $100K invested with Artisan (can be invested though the likes of Schwab), you can purchase any closed Artisa…
Reply to @STB65:
I know they mean well and they do well when the markets decline but $10K in ARTKX is a shade over $40K after 10 years and that would compensate for a lot of tax inefficiency.
As mentioned, I too am in Artisan International Valu…
Here's a simple hypothetical to demonstrate: suppose you have two funds that have identical portfolios, but one's ER is 1% higher. Further, suppose the cheaper fund paid out 1% in dividends. The tax cost ratio is obviously higher than zero, because …
Reply to @msf:
ARTKX and VTSMX may have similar M* tax cost ratios, but VTSMX (Vanguard Total [Domestic] Stock Market) isn't the fund you're asking about, which is Vanguard Total International Stock Market. (This is one of the many reasons why I ap…
Reply to @Mark:
Mark, I too agree.
I meet 2 of the 3 you reference. Almost zero investment knowledge and no time (probably more so interest) to learning the rules and disciplines of the art. My experience with the likes of BJBIX is evidence.
Co…
Reply to @MJG:
Thank you for breaking your rule by expressing your use of VFSUX. Even if you had not supplied the purpose for its use in your portfolio (as a cash equivalent), I would have found the information of personal value.
I certainly agre…
Reply to @MJG:
I choose not to reveal my current actively managed portfolio positions. I fear they may do the MFO community more harm than good. A proper portfolio is unique to an individual
MJG,
I appreciate and respect your thoughts. However, in…
Reply to @scott:
but I'm a tad curious how much of that is investing and how much of that is aggressive advertising/marketing.
Years ago, I made the HUGE mistake to request materials. Then, after requesting countless times over four or so years to …
Reply to @DPN:
When working with an Roth, I would think that it is common to have most cash invested as opposed to having a core cash amount that you cost average with. Is my thinking off on this?
I agree with your thinking. In addition, in my Ro…
Reply to @AndyJ:
PEBIX is similar to DBLEX and TGEIX in that all three are US dollar denominated, but have the ability to purchase local currency bonds; up to a small percentage.
PELBX is only local currency bonds.
Mona
Reply to @AndyJ:
(commodities, REITs, EM currencies and local currency bonds, etc.
AndyJ:
In that regard, what are your thoughts about PELBX?
I am in PEBIX, but am looking to add this fund. A concern I have is it can be considerable more volatil…
fundalarm,
I believe I have a bit of a problem with this presentation.
"In the 1950s and 1960s, the median income allowed you to live with a single earner -- normally the husband, with the wife typically working as homemaker -- and roughly three c…
Reply to @Old_Joe:
See pg 38 of the user guide
Thanks to all. I got all the way to page 37 and stopped ;-)
I needed to close my email account and put in my hubby's.
Should I add ARIVX to a couple of Roth accounts which are sitting in cash just in time for fiscal cliff?
In my Roth, I put the fund I want with the highest expected long term return, because contributions and earnings can be withdrawn tax free.
