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Hi all,
Here is the response that I received from Morningstar's Elizabeth Weilburg ... It is pretty much of a standard reply ... however, it does indicate that they are working to resolve the issues.
Hi xxxxx,
Thanks for writing and bringing thi…
Hi Puddnhead,
I enjoy reading your thoughts. I did my month end closing portfolio report Friday evening and I did make a liitle over the past month, about 1%. Since, I run a hybrid type portfolio with neutral asset allocations being set at about …
Hi rjb112 and others,
Today is Sunday November 30th around 8:45 AM EST as I write.
I composed an email and sent it to Elizabeth Weilburg of Morningstar "M*" and advised her of continued pricing concerns that had been expressed earlier to M*. In…
It is now Saturday November 29th at about 9:00 AM EST as I write. I have two funds (JCRAX & SGGDX) that are currently reflecting Wednesday November 26, 2014 nav end of day pricing in Morningstar's fund quote sheet. This carries over into their…
Hello,
One can book mark the thread and, with this, retrieve it regardless of how deep it might get buried in the stack of post. I did this and if I need to reference it I just click on my bookmarks and bring it up. In addition, I am linking a si…
I have found a good number of the links that Ted post, that draw no comment, are indeed worthwhile reading with some of them providing information that would have been missed without them being posted.
I suggest we leave Ted along ... and, if you d…
Hi Max,
Perhaps, the new and improved features that M* now offers ... Well although they might be new ... they might not be improved!
Seems they have a gremlin within their data system that they, thus far, have been unable to extract.
Old_Skeet
Hi LLJB,
Thanks for the link to J P Morgan’s 4th Quarter 2014 Guide to the Markets. Indeed good and useful information is to be found here. I plan to save the link.
I like your idea and it seems very sound to me. As a matter of fact my late fat…
Hi Catch and others,
I am working on the coffee this morning too.
Seems, to me, when investors become faint at heart and rush for the exits in an attempt to build their cash positions asset valuations drop. This is one of the reasons Old_Skeet …
Hi JohnChisum,
It kinda goes along with my review of my portfolio I did over this past weekend where I found and that a good number of the hybrid funds contained in the growth and income area of my portfolio have been reducing the amount of bonds h…
Hello,
It is about 10:40 EM EST as I write,
In researching funds I am finding that Instant Xray is not working. I can input the ticker symbol and dollar amount and when I click on the Xray tab the screen will appear; however, there is no data to …
Hi Mark,
IACLX closely resembles the S&P 100 Index but uses an equal weighting format over being cap weighted much like VADAX follows the S&P 500 Index but is equal weighted over being cap weighted.
Old_Skeet
Hi Derf and bee,
Thanking you both for making comment on my posting. I diffidently do not have all the answers and at times I will make a post to see what comments it might draw. This is one of those times.
In responding to Derf … The Xray that …
Hello:
One of the things that I have been pondering beyond my special investment position(s) consisting of a spiff investment position made during the October swoon and my opening of a starting position in a gold fund (SGGDX) is how are my hybrid f…
Hello,
Thus far on my special spiff that I opened during the October market swoon I am now up better than 8% almost 9%. On my gold position that I ventured into a couple weeks back and since I opened it, I have been building this position on a pos…
I was not able to check my portfolio for the weekly close until around 6:30 AM EST Saturday. Both Yahoo Finance and Moringstar are reflecting the same valuation for the portfolio. It seems everything is priced correctly.
Since, M* knows who I am,…
Hi Ted,
Thanks for posting the article. Not sure how you come up with all this good stuff ... but, I am gald that you do ... and, importantly post for our reading enjoyment.
By the way, Old_Skeet owns four of the funds referenced. They are as fo…
Hello,
I have now received a response form Moringstar about the pricing issue raised in this thread. I removed my name from the response.
The response reads ...
Hi xxxxx,
My name is Lizzie, and I manage our product support team at Morningstar. …
Hello,
Since I am now retired and currently covered under BCBS of NC Advantage Blue Medicare HMO for 2014 I changed to BCBS of NC Advantage Blue Medicare PPO for 2015 to prevent getting hit with potential out of network medical expenses that would …
It is about 8:00 PM EST as I write.
In review of my portfolio's valuation which currently consists of fifty two funds through both Yahoo Finance and Morningstar Portfolio Manager they both are reporting the same valuation this evening.
Now, if thi…
I guess if you work at M* and carry the title of a "fixer, etc." you will be there a long time as it seems from what I have been reading and what I am finding through my own ventures there are a lot of things that seem to be broken that need to be v…
Hello NumbersGal and others ...
Here is another fine fund, which I own, that has made a good showing and carries a Morningstar five star rating that did not make the finals in the big chase; and, it is HWIAX. I have linked it's M* report below for…
Hello,
It is now about 8:35AM EST as I write.
For what it is worth ...
I contacted M* at about 8:15 AM EST and went through the pricing concerns again with their represemtative. This review lasted for about ten minutes as I had them access the t…
Hello all,
I strive to keep about 20% to 35% of my equity allocation from a style orientation set to mid caps within the growth area of my portfolio. My current style allocation within the growth area is about 60% large caps, 25% mid caps and 15% …
Thanks rjb112 for posting the graphics that posture my most recent findings. It is much appreciated as I plan to call Carling Spelhaugh at 312-424-4288 ... and, again advise that there continues to be concern with M*'s price reporting. With the gr…
Thanks Ted for posting.
What a joy to read the article as Old_Skeet owns four of the funds mentioned ... FKINX, TIBAX, ABALX & AMECX and held within portfolio.
And, in reading the comments that follow the article I see where our TED of MFO has…
Hello,
It is now about 8:45 PM EST.
I was hoping M* had fixed their pricing concern. However, this evening, I again report a pricing concern with SGGDX. As I write M* is reporting in both their fund quote report and in their portfolio manager re…
Hello,
Below is my thinking and what I have been doing.
Old_Skeet has started to nibble in the miners and recently opened a position in SGGDX which consists of about 70% miners and 20% gold bullion itself. In doing some research I am finding that…
A fund that has had 2.2 billion in recent redemptions ... Makes them a fickled bunch? I don't think so.
I was invested in the fund for a good while and left becasue of its assets bloat not because of its managers. Seems Mainstay tried to be too m…
I thought I'd make this my final post unless something might arise that would warrant it to be re-opened.
In comparing Yahoo's Portfolio to Morningstar's Portfolio Manager ... Yahoo was the first to completely update this evening at around 6:30 PM …
Hank ... and, others:
I just don't keep losers. There are too many good funds that one can invest in to keep underperforming funds. After all, how long would you keep a sales rep that continued to under perform and not meet sales goals? Years ag…
Hi JohnChisum,
Yes indeed it could; but, I recently read where the economics may not be favorable to build it at this time, or the near future.
Old_Skeet
Yes, I made exit of the fund back in July as I felt the large AUM base had made this fund too difficult to manage. A fund like this needs to be nimble so it can have good flexability to stay positioned within the faster market currents and when war…
