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This is a peculiar explanation:
"Based on the recommendation of the adviser and given the Fund’s anticipated future expense, the Board has determined that liquidating the Fund would be in the best interests of the Fund and its shareholders."
Unfortunately, PRIDX is closed to new investors.
https://www.sec.gov/Archives/edgar/data/313212/000031321218000042/idfpta-march11.htm
Purchase and Sale of Fund Shares
Effective at the close of the New York Stock Exchange on Monday, April 2, 2018,…
Yes, those admiral classes of index funds (some newly created) will be accessible for $3K to normal investors are listed above. I converted my investor class 500 index fund (VFINX) into the admiral class of the 500 index fund (VFIAX) by accessing m…
The funds listed above are affected by the change and the $3K initial investment.
Below is the earlier link concerning the change:
https://www.mutualfundobserver.com/discuss/discussion/45476/vanguard-change-coming
T. Rowe Price Global Technology Fund, Inc.
https://www.sec.gov/Archives/edgar/data/1116626/000111662619000004/gtfstatsticker-february20193.htm
497 1 gtfstatsticker-february20193.htm
T. ROWE PRICE GLOBAL TECHNOLOGY FUND
Supplement to Prospectu…
Yes, I remember when Kinder Morgan MLP shareholders received significant income in taxable and non-taxable accounts when the MLPs were converted into Kinder Morgan stock.
Here is a reminder of that incident:
https://www.investopedia.com/articles/f…
Hard to say as there are no expenses listed. Thought it may be a retirement type offering or advisor type of fund, but not sure after reading below excerpt.
Eligibility requirements to purchase shares are as follows:
Buying Shares
Eligibility
S…
No real reason whatsoever to invest in the fund.
Fund management will announce the benefit of the reorganization in its shareholder proxy vote. Poor performance and lack of assets have hindered the fund to grow.
https://www.sec.gov/Archives/edg…
Will not be able to do much as the fund is "hard" closed. Funny, why they did not just liquidate the fund when they "hard" closed it since the fund had only $12.8M?
Why prolong the agony?
@JoeD
If you have concerns, you can always start with a very small position and see how it progresses over time before making a significant investment.
I am sure others have had concerns with an investment in a mutual fund. The fund is registered…
@BenWP
I called the transfer agent;the telephone number is:
(440) 922-0066 ext. 123 (that is a direct line to Steven Milcinovic at Mutual Shareholder Services LLC).
He actually emailed me the applications.
@JoeD,
The telephone number on the website seems to be to the actual office of the fund rather than the transfer agent's office.
There was a post on M* (under "Bond Squad" with STATX) that resonates the same sentiment about the telephone number to…
Here is a link to the earlier discussion concerning this fund
https://www.mutualfundobserver.com/discuss/discussion/46465/state-funds-enhanced-ultra-short-duration-mutual-fund-statx
I bought a very small taxable position with the agent. One problem seems to be lack of availability with a lot of brokerages. As you pointed out, it has a short track record.
Website is somewhat simple so it probably doesn't catch one's eye.
Has …
Just received an email about the soft opening of funds:
Grandeur Peak
to Soft Open Several Funds
January 14, 2019
RE: Grandeur Peak will Soft Open the Global Opportunities, International Opportunities, Global Reach strategies on January 14, 201…
BennyB.
I agree you with that it should be held in a non-taxable account.
However, I do own VEIPX, but mine is in a taxable account unfortunately.
Also, you didn't mention what are your financial intentions?
There is an Institutional Share (JUCBX) and Service Share (no symbol) in the Aspen Series.
From this filing, https://www.sec.gov/Archives/edgar/data/906185/000119312518039980/d533015d485apos.htm ,
the answer to your question would be "yes".
Fro…
@Graust,
Brokerages may be a little slower to react than the transfer agent. I have my OBIOX with the transfer agent. Sometime next week, the brokerages may get around to updating their fund information. They are usually not as up to date as MFO…
While I do not have an account with Schwab, I did look at their MF screener. This is what it indicates:
Status
Availability--
Minimum Investment
Initial Subsequent
Basic-- --
IRA-- --
Custodial-- --
One may have to contact their bro…
@msf,
Thank you for your effort. I spoke with a particular individual at Mutual Shareholder Services, LLC, Steven Milcinovic, who emailed me both the regular and non-taxable applications.
I did note that STATX did not come in Edgar symbol searc…
@msf,
There is VINEX also as an option.
Regarding BCSVX, maybe the fund was quite new to the scene so you wanted to see how the fund performed since it commenced during 2016?
Some years ago, DRIOX and FKSCX (both of which were closed due to incoming monies) were performing well while PRIDX was somewhat as well as the DRIOX and FKSCX. Over the last couple of years or so (until early 2018 when the international market star…
@msf,
Owning DRIOX, PRIDX and GPIIX has allowed me to feel comfortable in the ISC sector as each have performed well at different times with different fund ideologies and different managers. For me, the benefits of owning one will compliment the d…
My international small cap funds holdings are DRIOX, GPIIX and PRIDX (all of which are closed to new investors) in taxable and non-taxable accounts. I still maintain a small position of OSMYX in a Roth account.
@msf,
Too bad FKSCX is closed to n…
