https://www.nytimes.com/2020/01/17/business/stock-market-index-equal-weight.html
Now, Try Slicing the Stock Market Into Equal Pieces
_
Index fund investing is already immensely popular. But is it time to consider funds that construct indexes differently?
Equal-weighted funds tend to be “more expensive, smaller in size and trade less frequently than the cap-weighted alternatives,” he said. The diversification they provide outweighs those drawbacks, in his view, “but they are things for investors to keep in mind.”
_

“ There is one particular poster, John, who introduces about 4 or 5 or more new threads every day, that goes straight to the beginning of the Discussion section.”
That’s the way it’s supposed to work. The most recent new threads go to the top. Most who post here have a broadspread appreciation of many different facets of investing. We’ve never felt a need to compartmentalize. What you might be missing, however, is the “Discussions +” link which appears to the left side of the screen when you’re logged in. By clicking on that you can view just the threads which have received comments by others. (If you login using that saved link, it will take you directly there.) That’s the link I generally use - though it’s helpful occasionally to scan all of the threads, whether commented on yet or not. Also, you can easily bump to the top of the stack any thread farther down that you want to promote by making brief comment in that thread,
As you must be aware, we recently lost Ted Didesch “the Linkster” who for many years posted dozens of helpful links virtually every day. We all miss Ted. John it seems is trying to help compensate for that loss with some fresh threads every day. I’ll criticize his formatting or choice of topics occasionally (fair game), but I would never disparage what he’s attempting to do for the rest of us. The simple answer to “not liking” the topics that are posted is to post a few of your own.
We have (or have had in the past) some excellent posters here who also post on M* or other forums. No need for exclusivity that I’m aware of. Hopefully everyone can find a forum somewhere that they enjoy and benefit from. The Discussion board here is but a “side show” to all that MFO has to offer investors. David’s monthly commentaries are top notch - required reading IMHO for mutual fund investors: https://www.mutualfundobserver.com/2020/01/january-1-2020/ And it doesn’t stop with David. There’s over a half dozen knowledgeable / experienced investors who contribute to that publication every month, including Ed Studzinsky, former manager of OAKBX, whom I particularly enjoy reading. The research tools available here to those who want to dig deeper into funds are of high repute as well.
Best wishes @dtconroe to you wherever you eventually decide to land.

The Leland Reuters Family consists of three funds: Thomson Reuters Venture Capital Index Fund, Thomson Reuters Private Equity Buyout Index Fund, and Real Asset Opportunities Fund.
We’ll focus on the first of these.
Objective and Strategy
It’s complicated.
First, the TR Venture Capital Research Index looks at 22,000 U.S. firms and all of the VC/PE deals that occurred over the previous quarter, analyzes them, and places them in the seven sectors that comprise the index to see how these companies are performing and estimates their value using data stemming from IPOs, stock buybacks, and surveys.
Then, the TR Venture Capital Index (TR VC Index) seeks to replicate that risk/ return profile of the TR VC Research Index by using the same process to identify a set of publicly listed assets that when properly weighted replicate the returns of the TR VC Research Index.
Rather than investing in venture capital/private equity companies directly, the TR VC Index seeks to replicate the industry’s returns by constructing a portfolio of liquid, U.S. large cap, listed equities, (e.g., Apple, Dow Chemical, Berkshire Hathaway Inc.).
This portfolio is designed to mirror the characteristics and returns of the VC/PE markets, which is tracked and calculated by Refinitiv in the Venture Capital Research Index.

Additionally, it uses economic factors and market indicators to calculate optimal asset weights and modifies the portfolio over time to reflect changes in the venture capital universe. Small leverage is commonly used so that the tracking portfolio’s risk loadings match those of the VC/PE industry in aggregate.
The Leland Thomson Reuters Venture Capital Index Fund acquired all of the assets and liabilities of the MPS Thomson Reuters Venture Capital Fund (the "Predecessor Fund") in a tax-free reorganization on September 24, 2015. (SAI)
Adviser: Good Harbor® Financial, LLC develops and manages a comprehensive suite of investment solutions designed to fit into a wide range of portfolios for institutions, private investors and their financial advisors. Based in Chicago, the firm provides actively managed access to a broad range of global capital markets.
Managers
Neil R. Peplinski, CFA. Managing Partner, Good Harbor Financial LLC, worked as a portfolio manager for Allstate Investments overseeing a $400 million portfolio of collateralized debt obligations. Neil earned his MBA with High Honors from The University of Chicago Booth School of Business. He also holds a MSEE in Electromagnetics from The University of Michigan, and a BSEE in Electromagnetics from Michigan Technological University where he graduated summa cum laude.
David Armstrong, portfolio manager. He is primarily responsible for working with advisory firms and investors to understand tactical asset allocation as they assess Good Harbor and its investment strategies. With 28 years of professional experience, David’s previous companies include Honeywell, RR Donnelley and Oracle. Prior to joining Good Harbor, he was a director of research conducting analysis on the nature and structure of competition in the credit card market for financial firms. David earned his MBA from the University of Chicago Booth School of Business and a BA from Knox College.
Yash Patel, CFA, Chief Operating Officer, has served as a Portfolio Manager since March 2010 at Good Harbor Financial and also serves as its Chief Operating Officer. Yash brings 14 years of professional experience to the firm. His responsibilities include the management and leadership of operations, technology, trading, and portfolio management. Prior to joining Good Harbor Financial, Yash was a quantitative equity analyst for Allstate Investments, developing and implementing model-driven trading strategies. Previous to that, he worked and consulted for hedge funds including Bridgewater Associates and Citadel Investment Group. Yash earned an MBA with Honors from The University of Chicago Booth School of Business and a BS CSE from The Ohio State University.
Managements stake in the fund
As of 9/30/18 (the latest available), Mr. Peplinski owns between $100,001-500,000 amount of the VC fund; Mr. Armstrong $10,001-50,000; Mr. Patel $1,000-10,000.
None of the five trustees own shares of the fund.
Opening dates
LDVIX 10/2/2014; LDVAX Class A 10/2/2014; LDVAX w/load 10/2/2014; LDVCX 9/23/2015
Expense ratios LDVIX 1.51; LDVCX 2.51; LDVAX 1.76
Minimum investment
LDVIX $250K Regular, IRA; LDVCX Regular $2,500, IRA $1,000; LDVAX Regular $2,500, IRA $1,000
The funds have limited brokerage availability. All are NTF at TD; Fidelity LDVAX TF;
Schwab LDVIX Institutional Class $100K Regular, IRA; LDVAX $100, Regular, IRA
Other Facts
As of 12/31/19, the AUM of the Leland Thomson Reuters Venture Capital Index Fund was $122,987,322. According to M*, the fund currently has $141.7M in assets.
The firm reports turnover for the Leland Funds on a fiscal year basis (9/30). For FY ending 9/30/2019, the turnover for the Leland Thomson Reuters Venture Capital Index Fund was 115%. It was 47% in 2018 (9/30).
The prospectus states that typically the TO is over 100%.
AUM at the firm on 9/30/19 was $280.4M EOY, a decline from $440M from the previous EOY.
The overall AUM decline is mostly due to outflows in their Good Harbor Tactical Core US strategy (both in the mutual fund version and SMA). There have also been outflows in the Leland Real Asset Opportunities Fund as well.
Here is the link of the fund’s holdings that seek to track the Index.
http://www.lelandfunds.com/wp-content/uploads/2020/01/2019_12_Leland-TR-VC-Index-Fund-Holdings.pdf
Performance information of the Index:
https://www.refinitiv.com/content/dam/marketing/en_us/documents/fact-sheets/venture-capital-index-fact-sheet.pdf
Comments
The gentleman who asked about the fund mentioned the three-year performance of LDVAX, a 5.75% load fund.
I’ve chosen to cite the I class LDVIX and C class LVDCX and the Primecap POAGX, the aggressive mid-cap fund with a stellar record since its inception in 1984 and currently closed with $6B in assets. Like the Leland funds, POAGX is concentrated in tech and healthcare.
Also, he also owned POAGX but sold it in 12/2018.
How have these funds performed?
As of 1/16/20, the dollar value of LDVIX is $24,670, LDVCX $23,979, and POAGX $15,709 at M*.
As of 1/16/20, LDVIX has gained 9.56%, LDVCX 9.57%, and LDVAX 9.59%. All have 5* ratings for overall performance at M*.
While these funds have some significant headwinds, their performance to date has managed to overcome them. Additionally, if one looks at MFOP for the three-year metrics that the gentleman cited ending 12/31/19, you'll see this:
LDVIX MAXDD 12/18 -23.1; Recovery Rtg. 1 (Best) 7 mo.; Sharpe Ratio 1.38 5 (Best); Martin Ratio 5.13; Ulcer Index 6.3
LDVCX MAXDD 12/18 -22.3; RR 1 (Best) 7 mo., SR 1.33 1.33 (Best); MR 4.85; UI 6.4
POAGX MAXDD 12/18 -22.3; RR 5 (Worst) 16+ mo.; SR 0.73 (Worst 1); MR 1.69; UI 8.1
The overall success of these funds may result primarily from the ability of the managers in the alternative class space to match the performance of their bogy with well-chosen public companies.
I do not own this fund and won't be buying it.
I researched this fund because a board member asked for information about it, I had already been researching it at MFOP, and because he had received no replies, I wanted to
contact him.
I’d like to thank everyone who participated in the search for this gentleman and hope that what I have written may be of some value.

Pimco Real Return PRRIX provides worthwhile inflation-protected bond exposure, which can help preserve purchasing power in retirement. By Miriam Sjoblom, (CFA) for M* ,Jan 16, 2020
"Despite some noteworthy team turnover, Pimco Real Return's experienced management team and extensive supporting cast of global-bond specialists continue to give it an edge in the inflation-linked bond arena. Given the importance of low fees in this competitive field, the fund's cheapest institutional share classes earn Morningstar Analyst Ratings of Silver and Bronze, while its remaining shares are rated Neutral."
Article Here

This retiree prefers to separate strategies so he sees the moving parts he's betting on -- I mean investing in.
So if I want derivatives, corporates, and securitized fare I'ld buy them separately.
Per the M* link:

It employs macro-driven strategies (driven by real growth, inflation, and country-specific analysis) and micro-driven themes (including Consumer Price Index seasonality, on-the-run/off-the-run premiums, and implied inflation volatility). Although U.S. TIPS and, to a lesser extent, other global inflation-linked bonds dominate the portfolio, the strategy can invest up to 20% in other sectors, such as corporates and securitized fare.
The approach has led to sizable off-index bets at times, a trait that distinguishes it from its more-constrained peers, including use of Pimco's bonds-plus techniques, by which the strategy gets exposure to its primary sectors via derivatives and invests the cash collateral in short-term bonds. The team may also make meaningful and swift maturity shifts, though the portfolio's overall duration has generally stayed within a year of the benchmark's. The strategy's adventurous nature can cause its performance to diverge from that of the U.S. TIPS market at times. But overall, its flexible approach, which benefits from the insights of Pimco's broad, deep bench of global-bond experts, earns a High Process Pillar rating.

But for people that don't like to own too many funds this offering from PIMCO is probably safe enough.

https://www.nasdaq.com/articles/these-unsung-funds-soared-18-pay-tax-free-dividends-2020-01-16
These Unsung Funds Soared 18%, Pay Tax-Free Dividends
-Today IaEURtmm going to show you how one lucky group of investors nailed a once-in-a-lifetime shot at a huge, tax-free dividend stream and a quick 18% gain, too!
Well, not exactly aEURoeonce-in-a-lifetime.aEUR Because this opportunity is still waiting for you todayaEUR"you just need to know how to tap it.-

https://news.yahoo.com/10-best-etfs-buy-2020-175104228.html
10 Best ETFs to Buy for 2020
Jeff Reeves
U.S.News & World ReportJanuary 15, 2020, 11:51 AM CST
A variety of ETF choices.
Based on the 29% returns for the benchmark S&P 500 index of large U.S. stocks in 2019, chances are that last year was very good to your investments. However, what worked previously on Wall Street often does not continue to work tomorrow. That means it's important to take an objective look at your goals instead of being complacent and sticking with the same holdings. If you're looking to make a change or simply looking to reinforce an existing investment strategy, here are the 10 best exchange-traded funds, or ETFs, for 2020 that collectively offer a wide variety opportunities.
Best ETFs to buy for 2020:
-- SPDR S&P 500 ETF (SPY)
-- iShares Russell 1000 Growth ETF (IWF)
-- Vanguard Value ETF (VTV)
-- Schwab U.S. Dividend Equity ETF (SCHD)
-- iShares Edge MSCI Minimum Volatility USA ETF (USMV)
-- Vanguard FTSE Developed Markets ETF (VEA)
-- Vanguard FTSE Emerging Markets ETF (VWO)
-- iShares Core U.S. Aggregate Bond ETF (AGG)
-- iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
-- SPDR Gold Trust (GLD)

The Financial Times has very useful and (may I say) beautifully designed set of tools, at their markets.ft.com minisite, which includes both Morningstar and Lipper fund metrics.
Here - for example - is link to T Rowe Price Capital Appreciation Fund:
https://markets.ft.com/data/funds/tearsheet/summary?s=PRWCX

Pimco Real Return PRRIX provides worthwhile inflation-protected bond exposure, which can help preserve purchasing power in retirement. By Miriam Sjoblom, (CFA) for M* ,Jan 16, 2020
"Despite some noteworthy team turnover, Pimco Real Return's experienced management team and extensive supporting cast of global-bond specialists continue to give it an edge in the inflation-linked bond arena. Given the importance of low fees in this competitive field, the fund's cheapest institutional share classes earn Morningstar Analyst Ratings of Silver and Bronze, while its remaining shares are rated Neutral."
Article Here

from @JohnN link...

The 25 Best Low-Fee Mutual Funds to Buy in 2020
25-best-low-fee-mutual-funds-to-buy-2020
Fidelity International Growth = FIGFX
Oakmark International = OAKIX
Baron Emerging Markets = BEXFX
AMG TimesSquare International Small Cap Fund = TCMPX

I'm thinking 2020 will be a good year for ex-US investments. Looking to grow a list in a few categories for further discussion and consideration.
China Region:
Matthews China Small Companies = MCSMX
Matthews Asia Innovator Investors = MATFX
Matthews China Dividend Investor = MCDFX
Fidelity® China Region = FHKCX
Diversified Emerging Markets:
Fidelity® Emerging Markets = FEMKX
Diversified Pacific/Asia Ex-Japan:
Matthews Asia Growth Investor = MPACX
Fidelity® Pacific Basin = FPBFX
Fidelity® Emerging Asia = FSEAX
T. Rowe Price Asia Opportunities = TRAOX
Japan:
Matthews Japan Investor = MJFOX
T. Rowe Price Japan = PRJPX
Hennessey Japan Small Company = HJPSX
Europe Stock:
Columbia Acorn European Inst = CAEZX
Foreign Large Blend / Growth / Value:
MFS Intl Diversification I = MDIJX
FMI International = FMIJX
T. Rowe Price Intl Disciplined Eq Inv = PRCNX
USAA International = USIFX
Vanguard International Growth Inv = VWIGX
Fidelity® International Capital Appreciation = FIVFX
PGIM Jennison International Opps Z = PWJZX
Columbia Overseas Value Inst = COSZX

Foreign Small Blend / Growth / Value:
Royce International Premier Investment = RIPNX
Fidelity® International Small Cap = FISMX
World:
Artisan Global Opportunities Inv = ARTRX
T. Rowe Price Global Stock = PRGSX
Vanguard Global Miniumum Volitilty = VMVFX

https://etfdb.com/news/2020/01/15/effective-way-to-tap-evolving-muni-bond-market/
An Effective Way to Tap Evolving Muni Bond Market
The municipal bond market is evolving and some index funds and ETFs have kept pace with that evolution. One that really has is the VanEck Vectors Municipal Allocation ETF (MAAX).

It seems that there has been a lot of interest Muni bond options for taxable accounts recently. It is hard to generalize about whether it is best to purchase a Muni bond fund, or if a taxable bond fund might be a better, or at least an acceptable choice. For some years, I have used Tax Cost Ratios of each fund to help decide if I want to seriously consider it. In case you are not familiar with Tax Cost Ratios, here is its definition from the M* Glossary.
"Tax Cost Ratio
The Morningstar Tax Cost Ratio measures how much a fund's annualized return is reduced by the taxes investors pay on distributions. Mutual funds regularly distribute stock dividends, bond dividends and capital gains to their shareholders. Investors then must pay taxes on those distributions during the year they were received.
Like an expense ratio, the tax cost ratio is a measure of how one factor can negatively impact performance. Also like an expense ratio, it is usually concentrated in the range of 0-5%. 0% indicates that the fund had no taxable distributions and 5% indicates that the fund was less tax efficient.
For example, if a fund had a 2% tax cost ratio for the three-year time period, it means that on average each year, investors in that fund lost 2% of their assets to taxes. If the fund had a three-year annualized pre-tax return of 10%, an investor in the fund took home about 8% on an after-tax basis. (Because the returns are compounded, the after-tax return is actually 7.8%.)"
You can find what the average Tax Cost Ratio is by category, with Munis being 0, short term bonds being .88 Nontraditional bond oef being 1.38, HY bond oefs being 2.06 etc. but you have to go to each fund to find out the Tax Cost Ratio specifics for it. Here are a few examples of TCR for some funds in various categories:
HY Munis: NVHAX and SDHAX (0)
NonTraditional Bond OEFs: MWCRX (1.36), SEMPX (2.13)
Short Term Bond OEFs: DHEAX (1.38), DBLSX (1.13)
HY Bond oefs: ZEOIX (1.20), RPHYX (1.01)
The above TCRs are for 3 years, but at Schwab you can also get them for the last year.

A great article (link). Below are several quotes from this link.
========================
What do you expect to be the key driver of stock market performance over the course of 2020?
Markets climbed a wall of worry in 2019 and nearly all risk assets did very well - essentially the opposite of 2018. We believe we have entered the fear of the fear of missing out. One thing we are watching closely are equity fund flows that were down last year. It's very rare for fund flows in stocks to be negative when the market is up so strongly. But recent data suggests that may be turning. It would be a bearish signal for us to see a large amount of new money flow into equities.
According to Goldman Sachs, two thirds of the market move since 2009 has been earnings growth. However, in 2019, just 8% of the S&P 500 move is explained by earnings growth.
We tend to be bullish when others are bearish and tend to get bearish when others are bullish. Last year, investors were maybe not bearish but definitely cautious given the trade worries and other geopolitical issues. However, today we seem to be moving toward a more euphoric phase which does have us concerned.
What do you expect out of the yield curve in 2020 and what impacts will that have on the bond market and the economy in general?
On the long-end of the curve, we think rates could inch higher but shouldn't jump significantly like we saw in 2017. If I had to make a bet where the 10-year yield will be at year end, I would say around 2.15%.

What are some portfolio tilts and sub-sectors you think investors should focus on this year?
We believe this year could look a lot like 2017 with some minor changes. First and foremost, we think the dollar rolls over and starts to decline. Dollar strength was largely due to the Federal Reserve raising rates for the last few years through 2018. With the Fed lowering rates three times last year (-75 bps) that should start reverberating throughout the markets this year, especially the dollar.
If the dollar does start to decline, we think international equities could finally shine. They have drastically underperformed US equities in the last 10 years. However, they should rebound. Europe and Japan have experienced much slower growth than the US during the recovery and continue to have worse demographics.
In fact, from a valuation standpoint, US stocks have never been more overvalued relative to the rest of the world. This is eventually likely to mean revert and we think a lot of it is due to the negative sentiment regarding the euro and Brexit.
Value stocks may finally do better than growth stocks thanks to the steeper yield curve. The thesis of owning growth stocks during a flattening yield curve and value stocks during steepening could prove true here. We also like small caps more so than large caps (and especially mid caps) given the 20-year low relative valuations. Emerging markets look particularly interesting.
I would still stay away from energy which looks like is going through a secular shift away from fossil fuels.
In fixed income, where are you allocating capital for 2020?
1) Municipals: We've been pushing munis for most of the last year as rates appeared poised to drop. Even today, we think rates pushing 2.00% are not a bad place to put capital. And when you factor in the tax equivalent yields of munis (especially muni CEFs), and consider the risk of these securities which is extremely low, it's hard to beat this sector.
(2) High Yield / Floating Rate: . At these levels, we would say investors in high yield are coupon clippers, meaning that you are likely to receive the yield only with little to no capital gains. The risk is to the downside.

Our favorite area of the market remains mortgages (for the third year in a row). We place them into the high yield/ floating rate sector simply because of our focus on non-agency MBS, which tend to be unrated or lumped into non-investment grade/high yield. Many of these mortgages also are floating rate. Our thesis remains that the investors tend to fight the last battle, which with the Financial Crisis centered on the mortgage market.
(3) Real Assets / REITs: The sector was an under performer in 2019 and we think could be one of the best performers in 2020 as rates stabilize. The fourth quarter of 2019 was the driver of that underperformance as investors moved back to a risk-on environment and away from the "bond proxies."
Total cash returns could be as good as 9% in 2020 with approximately half coming from the yield and 4% to 6% earnings growth. If we see rates meander lower, we think there will be renewed interest in the sector which could help push up prices further. Fundamentals in the sector are strong with property values continuing to move higher.
(4) Preferreds:The asset class is small and has low liquidity which tends to exacerbate the moves lower. It's when these liquidity-induced selloffs occur that you should be buying shares of high quality names. While most talking heads poo-poo preferreds when rates are rising due to their perpetual maturities, this can be an advantage for retail investors. When rates fall, the issuer can call the shares at their discretion and replace them with a lower yielding issue. Today, we are seeing "refinancings" occur even if they can save just 50 bps of interest expense. If rates rise, while the "perpetual value" of your shares may go down, it does lock in your income stream for longer.
=====================
FD: and this is why most of my money is in HY Munis + Multisector specializing in MBS/Securitized

https://www.fa-mag.com/news/avoiding-the-perils-of-behavioral-investing-mistakes-53613.html
Avoiding The Perils Of Behavioral Investing Mistakes
JANUARY 15, 2020 • MATTHEW WILSON
There’s no shortage of research showing how investors are often their own worst enemies, sabotaging themselves by making emotional decisions or resorting to market timing and performance chasing (Source: 2018 Dalbar Quantitative Analysis of Investor Behavior).

Crash - do note that most of that monthly distribution consists of short term capital gains plus a smidgeon of interest income.

Gary1952">Who is buying ZEOIX and where? Schwab has a $49.95 transaction fee plus a 1% redemption fee. Seems restrictive for a $1500 min. purchase amount.
I looked at ZEOIX closely at the end of 2019/beginning of 2020, as a possible landing spot, for some RMD money I was depositing in my taxable account. From my perspective, it is a very good option as a cash alternative fund, with a very smooth and solid history of consistent performance. However, I opted to pass on it for now, as I do not like funds with redemption fees, and as you noted at Schwab you are also required to pay transaction fees. I decided to put that money into some existing non-traditional bonds I own, and continue keeping it on a watchlist for possible future investing.

Here is the link:
https://www.sec.gov/Archives/edgar/data/1494928/000139834420000731/fp0049672_497.htm
497 1 fp0049672_497.htm
RiverPark Funds Trust
RiverPark Short Term High Yield Fund
Institutional Class (RPHIX)
Retail Class (RPHYX)
Supplement dated January 14, 2020 to the Summary Prospectus, Prospectus and Statement of Additional Information (the “Disclosure Documents”) dated January 28, 2019.
This supplement provides new and additional information beyond that contained in the Disclosure Documents and should be read in conjunction with the Disclosure Documents.
IMPORTANT NOTICE ON PURCHASE OF FUND SHARES
Effective as of the close of business on January 15, 2020 (the “Re-Opening Date”), the RiverPark Short Term High Yield Fund (the “Fund”) will be publicly available for sale without limitation.
The Fund may from time to time, in its sole discretion, limit the types of investors permitted to open new accounts, limit new purchases or otherwise modify the above policy at any time on a case-by-case basis.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

Hi, guys.
It's possible that a couple posts and/or discussion threads have disappeared without anyone intending them to. That might be an issue with the board software (glitches happen) or it might be an unintended consequence of our occasion clean-up of posts with no activity. In any case, we haven't been intentionally deleting anyone (despite the occurrence of a couple snipe-and-snark exchanges).
Dennis Baran, in particular, was concerned that a poster had inquired about LDVAX, which I understand to be the Leland Thomson Reuters Venture Capital Index fund. Dennis had done some considerable digging, as is his wont, then discovered the original thread had gone missing. Please, if you were the person with the interest, would you either connect with Dennis via private message or (better yet) make a quick, public post expressing your interest? Dennis will then have a way to share his findings.
Wishing you all the best!

By Andrew Ross Sorkin at the NY Times. Jan. 14, 2020.
"Laurence D. Fink, the founder and chief executive of BlackRock, announced Tuesday that his firm would make investment decisions with environmental sustainability as a core goal.
BlackRock is the world’s largest asset manager with nearly $7 trillion in investments, and this move will fundamentally shift its investing policy — and could reshape how corporate America does business and put pressure on other large money managers to follow suit."
Article Here

@Crash,
A fund that I own that is good at manufacturing income is AZNAX. Morningstar list it's TTM yield at 1.87%; but, the fact is that it pays 7 cents per share per month for a distribution yield (including capital gains) of 7.34% based upon current nav and has its SEC yield listed at 3.08%. This might be something to look at for income seekers. I hold this fund in my hybrid income sleeve and I have owned it for a good number of years. Years back, I remember, Scott touted this fund when he was posting; but, I can't find a link to his post about it.
To view fund distributions ... From M*'s quote sheet click on the performance tab when the performance sheet loads then click on the distribution tab where the fund distributions made can be viewed.
My best to you.
Skeet