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.
You may be mixing apples and oranges. A reduced mortality rate (thanks in part to increased knowledge about treatment) is not the same as a reduced infection rate. Especially since we're finding out that the long term effects on those who survive…
To clarify: "all current shareholder may continue to purchase ... shares", not just those who invest directly with the fund.
However, when investing directly through Vanguard, all Vanguard funds except Star have a $3K (or higher) initial min, which…
I respectfully disagree with some attributes ascribed above to PSLDX, while acknowledging that it has significantly outperformed funds that could nominally be called its peers.
While PIMCO dates its StocksPLUS strategy to 1986, this strategy is "us…
@hank - linking tip. The time (or date) stamp under your name at the top of your posts is actually a link directly to your comment.
Here's the LINK to your March 2017 comment.
@hank - thanks for the last paragraph, otherwise I might have read the whole post as tongue in cheek.
Seriously, opening up a Fidelity (or any brokerage) account is little different from opening up a mutual fund account. If you do open up an accou…
I noticed that and didn't feel it was worth investigating. A guess is that "live" meant that Shiller was done designing his index. After Sept. 3, the design was set in stone and in front of the world for people to follow in real time. In contra…
See this
http://quotes.morningstar.com/chart/fund/chart.action?t=fzrox
click Maximum
Fido index is included, then add FSKAXRight idea. Unfortunately that only gets one half way. The only benchmark on the page is for FZROX. To see the FSKA…
Having already having checked out your figures before giving numbers, I would have offered an explanation for the discrepancy after your 12:10 post.
Now I'll just offer the observation that many people like to post numbers without citing sources. …
Points, obviously, though I assume that you incorporated that (somewhat) in your mention of rates. One should consider points carefully, because the more you prepay the greater the impact of those points on your effective rate. Related are closi…
FSKAX has outperformed FZROX over the latter's lifetime, YTD, and over the latter's lifetime excluding YTD (just in case one figured that this year skewed the lifetime numbers).
The two funds follow different indexes: FZROX follows a Fidelity propr…
FWIW, and this is not advice, I'd consider it a hold or slight sell.
As I asked in a recent thread on PIMIX, have your reasons for holding it changed? It's a 2x fund, 100% stock exposure + 100% bond exposure. That's always been true, it hasn…
The DoubleLine Shiller Enhanced CAPE®, [is] an investment strategy pairing Shiller Barclays CAPE® with an active fixed income strategy (DoubleLine Short-Intermediate Duration Fixed Income, or SHINT. ...
Introducing DoubleLine Short-Intermediate Fix…
“Generally, Fidelity funds have a $0 min.”
@msf - Does that mean that if I send $10.00 (ten-dollars) to Fidelity I can open 10 accounts in the amount of $1 each in 10 different funds? If so, I’m just crazy enough to do it!Yup. I just entered an o…
Generally, Fidelity funds have a $0 min. Likewise, Schwab offers 60 house funds (Schwab and Laudus) with no mins. In addition, Schwab offers nearly 3K outside funds at a $100 min, including 110 from T. Rowe Price. (All figures are for open, NTF f…
Before I start sounding like a Vanguard apologist, let me say that in my experience Vanguard's human service is inferior to that of other providers including Fidelity, Schwab, and T. Rowe Price (where I've been helped not only with fund investments …
To one extent or another, several of the larger fund companies started offering brokerage services a couple of decades ago or more (Fidelity, Vanguard, T. Rowe Price, American Century).
These days, people think of Fidelity not so much as a fund …
The simple way of computing an average credit rating would be to score AA's as 1, BB's as 2, etc. (with fractional adjustments for AAA, A, etc.). That's what many sources do.
M* instead weights each grade by the risk it represents. BBB bonds …
Hi guys,
Yes, have owned PONAX even before it was that and the ER increase. ...
God bless
the Pudd
PONAX's ER bounces around quite a bit because the SEC requires it to include the costs of traditional leveraging. These are genuine costs: borrowi…
The PIMIX assessment was based solely on PIMIX previous years. In 2018 it was at 18% in its category but making 0.6% is pretty low when PTIAX made 2% and SEMMX made 3.9%.
Possibly the comparison with PTIAX alone was deemed not sufficiently persuasi…
Looking for usenet files that I've got scattered all over the place in backups of backups of backups, I ran across a posting of Ed's that I saved, from mid 1999. We can reasonably figure that I moved to FundAlarm some time early this century.
Tha…
For me it was misc.invest.mutual-funds (with a hyphen :-)) to FundAlarm to MFO. I believe I followed Ed to FundAlarm when nonmoderated Usenet groups became nothing but spam.
PIMIX was a great fund until the beginning of 2018. PIMIX is still a decent fund
I would go with PTIAX. LT good record + good downside protection. 2 more option are TSIIX and ADVNX
2018 returns:
PTIAX: 2.01%
TSIIX: 0.68%
PIMIX: 0.58% (still top qu…
@msf Thanks, your questions have helped greatly in my thought process
I am concerned about my category selection rather than my fund selection.
I purchased an active bond fund because I think active management can add value over passive …
I considered investing in PIMIX a while ago. In the multi-sector bond category, PIMIX had generated top-decile trailing returns with below average volatility. The fund's non-agency mortgage sector investments accounted for much of the strong perform…
I've been curious about this. Independent of the 2005 change in the bankruptcy law (which qualifies as something new since the 80s), the bankruptcy code has a clawback provision. This allows the bankruptcy trustee to go after payments the company…
Are you concerned about your fund selection or your category selection? PIMIX is matching its category average YTD (-0.81% vs -0.78% category) That's not to say you couldn't easily find a multisector fund that's done better short term.
Why di…
In the chart "The Front Line: Visualizing the Occupations with the Highest COVID-19 Risk", they use a numerical scale to measure least to highest risk occupations. Not a percentile. And these are relative numbers not absolutes.
Not percentile of oc…
Latest email update. It sounds like people will be forced to move from mutual fund platform to brokerage platform no later than 2022.We're working toward the retirement of our old investment platform, which supports accounts that only hold Vanguar…
The last line quoted doesn't say that herd immunity may not be possible. It just says that the studies suggest natural herd immunity for SARS-COV-2 can't happen.
The sentence in the CNN piece immediately following the one quoted calls attentio…
@LewisBraham has a good post, but I think it misses another point. @davidrmoran gets closer with his observation "wait, you did the OP and now want someone else to do the work for you?"
More broadly, posts like these containing numbers purporting…
Helen Young Hayes, manager of JAOSX and its older sibling JAWWX (Worldwide) was a headliner in the 90s. The once-vaunted Janus Worldwide has seen a remarkable reversal of fortune. It was once one of the most well-known growth funds around, and wit…
This fund appears to be a short term core plus fund, if not a multisector fund:
The fund may invest up to 35% of its net assets in corporate bonds, bank loans, and other debt instruments that are rated below investment grade (below BBB-, or an equiv…
FWIW, there are a few remaining free Usenet (nntp) servers (for text groups, not binaries). I still find misc.taxes.moderated one of the best places to go for arcane and not so arcane tax issues.
As rono said, many of the unmoderated groups li…
Ford gave the unindicted co-conspirator a "full, free and absolute" pardon for crimes he might have committed.
https://www.history.com/this-day-in-history/ford-pardons-nixon
Even though US is not yet official in recession,
The official definition, such as it is, is whatever the National Bureau of Economic Research (NBER) says is a recession. And NBER said last month:
in deciding whether to identify a recession, the …
Ask and ye shall receive. The first step, anyway ...
WaPo: New York judge gives Trump deadline in lawsuit over tax returns following major Supreme Court ruling
A federal judge in Manhattan has given lawyers for President Trump a Wednesday deadlin…
On its web page (at Wasatch) the Availability line reads:
Closed to most new investors through third party intermediaries
So it ought to be the same as these three other funds - available through direct purchase but not through third parties. Exc…
