I'll piggy-back on my own thread but with respect to stock-oriented funds - who has started the re balancing process in light of the fabulous returns ytd? I am now or very soon will take steps to start re balancing or in other words trimming some profits off the table.
What a fabulous year so far!!!
YTD Performance of basket of some popular funds - As of 10/26/2013:
POAGX: 46.61% (Primecap Aggressive Growth)
VHCOX: 36.14% (Vanguard Capital Opportunity)
VCVLX: 36.07% (Vanguard Capital Value)
VDIGX: 25.05% (Vanguard Dividend Growth)
VDAIX: 23.38% (Vanguard Dividend Appreciation)
VPCCX: 30.68% (Vanguard Primecap Core)
VIMSX: 29.26% (Vanguard Midcap Index)
YAFFX: 23.73% (Yacktman Focused)
OAKGX: 30.01% (Oakmark Global)
OAKWX: 28.70% (Oakmark Global Select)
ARTGX: 25.81% (Artisan Global Value)
GPGOX: 32.66% (Grandeur Peak Global Opp)
OAKIX: 28.67% (Oakmark International)
FPACX: 17.34% (FPA Crescent)
PRWCX: 18.43% (TRP Capital Appreciation)
DODGX: 31.51% (Dodge & Cox Stock)
FAIRX: 32.95% (Fairholme)
KBWB: 28.16% (Powershares KBW Bank ETF)
ARTQX: 30.59% (Artisan Midcap Value)
ARTKX: 26.20% (Artisan International Value)
IVWIX: 16.10% (IVA Worldwide)
TIBIX: 16.10% (Thornburg Income Builder)
BERIX: 13.88% (Berwyn Income)
WAMVX: 33.83 (Wasatch Microcap Value)
RYTRX: 27.46% (Royce Total Return)
FMIHX: 24.85% (FMI Largecap)
FMIMX: 25.29% (FMI Common)
ARTMX: 33.06% (Artisan Midcap)

Mark,
I'm mostly interested in income (vs capital gains) but I understand the need to have stocks and those gains. In the coming years 5+ years I think outside the US will have good potential for growth - weaker $, stronger economies outside the USA.
In the past, while working, I selected funds, set up automatic investment and forgot about them.
In some ways, I view myself as my own contrary indicator - if I want to get in - it probably a TOP! That is why I also asked about when to average into the recommendations.
I looked at davidrmoran's suggestions and I don't think they fit my goals - but I'll look at them again.

Reply to @TSP_Transfer: I actually own a little bit of LAND. It really hasn't done much of anything, but I continue to reinvest monthly divs.
The issue with Gladstone Land is that it is actually a triple-net real estate company. They own the land and someone comes in to farm. They are not participating in the production/sales of agriculture. It is, in my opinion, a very interesting play on agricultural land but they are not the ones selling/producing/handling the end product.
We offer land owners and farmers the following options:
1. For sellers that farm the land, we offer a long-term sale leaseback transaction which allows farmers to free up capital to repay existing indebtedness, grow their farming operations, retire or for other business endeavors.
2. For sellers that do not farm the land, we will purchase the property and keep the existing tenant on the farm with a long-term lease.
3. For farmers that find properties they want to farm, but not own, we may purchase the farm and rent it to the farmer with flexible lease terms."

Reply to @Junkster:
Junk bonds are seriously overbought
“Yes, high yield is attractive right now, but there are also significant risks when your starting point is low interest rates and narrow spreads,” said Steve Blumenthal, chief executive of CMG Capital Management Group Inc., a firm that helps advisers manage bond portfolios.
The average junk bond yield is hovering around 6%, which is only 350 basis points higher than the yield on the 10-year Treasury bond.
That spread compares with a historical average of 500 basis points, which should remind investors of the potential for radical yield adjustments.
Junk bonds offer more upside potential while Fed's QE continues
By Jeff Benjamin | October 24, 2013 - 1:30 pm EST
http://www.investmentnews.com/article/20131024/FREE/131029934?template=printart

I was recommended here by another poster and have been reading the site. So, I thought I would put this out there.
Basics
58
No debt
Own home
Single
-----------
Not working
Currently paying all expenses out of savings.
Small pension at 61 that should pay 40% of expense budget
SS and pension at 62 or 63 should pay close to 100% of expense budget
-----------
40% of $ in IRA
60% of $ outside of IRA
-----------
Risk adverse
Prefers income over capital gains.
-----------
Currently 100% in cash - yes I know - let's not go there.
-----------
What I'm considering:
50% of cash - Over the next 6 months or so average into a High Yield Bond Fund - FAGIX
Remaining 50% - after 6 months or so see what to do.
-----------
My concern is that if I"m thinking of doing this is, that we are at a top, and at the wrong time to get back in. I'm not into trading in and out of the markets or doing a lot of trading.
-----------
I had a good mix of Vanguard funds but got scared out of them.
Value Index
Wellesley Income
Emerging Markets
High Yield Corp
Reit Index Fund
FTSE all world Ex Us
Mid Cap Value Indes
Small Cap Value
Convertibles
Emerging Bonds
What would you recommend to invest in and when to do it?
Thanks

Just a suggestion, but why not allocate something to precious metals on a permanent basis? Consider, perhaps, a 3% position in something like CEF. This closed-end fund is treated like a mutual fund for capital gains purposes, unlike GLD that is treated like a collectible and thus has higher taxes associated with it. If the position gets above 5%, sell back. If it drops to 1-2%, buy more. Use the holding as a hedge against government stupidity or black-swan events.

The questions I have are for you and your brother - the trustees - not for the financial advisor.
You need to operate under the terms and objectives of the trust. For example, you write that she doesn't need any of the trust - even its income - to meet projected expenses. So what's the purpose of the trust - to leave a legacy, to provide her mad money, or ...? If she doesn't need to draw on the trust, what is the significance of her age?
Is the trust required to distribute property to your mother? Often trusts are required to distribute income, but not capital. Just tossing this out as an example. If that were the case, then given that your mother doesn't need the money, it might make more sense to keep the trust invested in non-income producing property, so that the money stayed in the trust.
Irrevocable trusts are often used for tax reasons - to circumvent estate taxes. (By periodically gifting money to the trust, one can preserve the full estate tax exemption. Or by gifting a large amount many years before death, the growth over the subsequent years is kept out of the estate.) This may suggest the purpose of the trust is to leave a legacy. But there could be other reasons for this trust.
In short, the first question is not what your mother needs, but what are the requirements of the trust. It's only against those requirements that the suggestions of your advisor can be evaluated.

FYI:
Regards,
Ted
http://www.investmentnews.com/article/20131024/FREE/131029937?template=printart

As everyone on this discussion board knows, 2013 has been a truly strange year for investors in many ways. We have seen some interesting and puzzling events in the world economy, and we have managed to survive any number of what the electronic media would have us think were end-of-world crisis. In a recent webcast for clients, we ended with five observations that we think investors would be wise to consider. For what it is worth to MFO folks, I thought I would post them here for discussion.
1. Be TRULY diversified, but consider an under-weight or over-weight in specific areas if an opportunity presents itself. Look for opportunities among the ignored and unloved. (We like EM right now and would overweight actively-managed EM stock funds such as ODVYX, WAFMX.) But also recognized that sometimes a sector is unloved for a good reason (managed futures, global macro, etc.).
2. Avoid long-term bonds in general, but especially mid-to-long Treasuries. Use flexible mandate bond funds such as OSTIX, GSZIX, LSBDX. Recognize the huge impact Bernanke's May comments had on even short-duration government bonds.
3. Don't succumb to fear. A real or imagined crisis occurs frequently, often with little or no lasting impact. Macro events (black swans) cannot be avoided, but they occur much less frequently than the perennial bears would have us believe. Remember that your time horizon is crucial in managing this aspect. Always be mentally prepared for market corrections. They happen.
4. Understand there is no safe place to get 4-5% now, despite what the annuity salespersons might say. If portfolio income is crucial, consider increasing dividend stocks and reducing fixed-income. Be careful about reaching for yield. Bank loan funds are way overbought right now and many are non-investment grade and could be problematic in a credit crunch.
5. Don't be greedy. Capture gains, especially from long-held bond funds. Re-balance, re-allocate. Nothing is forever. Make sure your investments match your risk profile. Don't confuse the return you NEED with the return that you WANT. If gains are taken from domestic stocks, consider adding or increasing dollars to dynamic allocation investments such as FPACX, IVAEX, TIBIX, OSTVX, PAUIX (yes, still a good option). Or consider reducing volatility in domestic equity via a quality long-short fund.

Reply to @Mindy: Hi, Mindy.... thanks for thinking of me. I've made a new post to let everyone know I'm still alive as I have such fond memories of everyone here at MFO - and am ashamed I haven't kept up more. Cathy
After this last June+ drop in all my bond funds due to the whisper of taper pullback and higher interest rates, it really did seem to confirm what most people said.... the 30 year bond bull market is over. Even though we have had a few respites here and there since then, the pull-out of tapering is inevitable... if not next year, then soon after (as long as the astonishingly stupid Congress faction doesn't destroy us all).
So, since my entire "crash course" knowledge was in Mutual Funds... especially the lowest volatility bond-type funds which I had the majority of our investments in... I felt it crucial in July to learn more about stocks and etf's (separately, and in relation to stock MFs), which is not a basic part of MFO discussions.
What a ride this has been. I switched from 80% bonds/20% stocks to now 70% stocks or stock funds and 30% bond funds. My portfolio has surged, and is getting close to what I feel is a good allocation (considering there is almost no diversity anymore). But what a shock to watch DAILY gains/losses of 1%-6% at some times for some stocks (especially before and after earnings reports - which, incidentally, seem to create buy/sell reactions totally in opposition to earnings like NFLX).
If fundamentals prevail, I fully expect a substantial downturn... any day now. But I've been expecting a crash for months now and found that logic, valuations, reasoning seem to have nothing to do with the market.

Aston Funds
http://astonfunds.com/includes/modules/assets/controllers/Files/download.php?file=1382452312_Estimated-Capital-Gain-Sept-30-2013.pdf
Invesco Funds
https://www.invesco.com/pdf/IFCG-FLY-2-E.pdf?contentGuid=53ba865d7c0e1410VgnVCM100000c1f1bf0aRCRD

Reply to @robertwells: These two funds are probably considered "mainstream" and both hold either gold mining shares or bullion equivalents with corresponding under performance with the bear market in precious metals ongoing since mid 2011.Another consideration for precious metals are commision free ETFs@ Fidelity(PICK,RING,SLVR)or @ Schwab(PSAU). Limit order @ your price,1 share or a million!
http://quicktake.morningstar.com/syndication/holdings.aspx?cn=GLG117&symbol=APPLX
http://www.goodhavenfunds.com/media/pdfs/GHF_FS.pdf
I own FPACX,MFLDX,as core holdings and am establishing positions in WBMRX and PMHDX as I harvest some gains from the small growth area.I am retired and get a bit more conservative as the market sets new highs.
Also,take a look at MARVX a traditional L/S fund.
http://portfolios.morningstar.com/fund/summary?t=MARVX&region=USA&culture=en-US
Plenty of EM bond funds available with local currency exposure as a hedge.Flip a coin? I have a small position in GYLD. Monthly dividend,conservative 60/40 mix with 40% non- dollar holdings.
http://www.arrowshares.com/files/PFS00000/001a.pdf
I really should add BRUFX to the list.Seldom if ever has short or precious metal holding but management will go just about anywhere else.Low turnover and exceptional long term record.Patience is the word here.Only available through the fund.
LOR
The Lazard World Dividend & Income Fund is a closed-end management company that seeks total return through a combination of dividends, income, and capital appreciation. The Fund will pursue this objective through a world equity strategy and a short-term emerging markets and debt strategy.
The Fund will invest substantially all of its net assets in between 60 to 90 world equity securities that are financially productive and high dividend yielding.
It seeks to enhance income through exposure to short-term, emerging market forward currency contracts and other emerging markets debt instruments (limited to 33.3% or less of the Fund’s total leveraged assets), which will provide exposure to emerging market currencies.
These two strategies are complementary, with historically low correlation to one another, which may reduce volatility.
http://www.lazardnet.com/us/mutual-funds/closed-end-funds/lor/
SEEDX looks like it will also take short positions.Good managers in a new fund
Top 10 Holdings – September 30, 2013
Express Scripts Holdings Co. 5.30%
Teva Pharm Inds Ltr Adr 4.98%
Leucadia National Corp. 4.92%
Yahoo Inc. 4.25%
Loews Corp. 4.19%
Chambers Street Properties 3.97%
Abbvie Inc. 3.84%
Oracle Corp. 3.63%
GlaxoSmithKline plc 3.62%
ProShares Short Russell 2000 ETF 3.49%

Anyone invested in this fund and if so, what are your thoughts about it? Right now I looking for a higher yielding fund that is not solely invested in high yield bonds. I welcome a healthy portion of high yields in the fund, I am just not intested in a pure high yield bond portfolio. I am interested in this fund as well as PGBAX, and JNBAX.

Cove Street Capital Small Cap Value Fund
http://covestreetfunds.com/PDFs/Capital Gains.pdf
Ivy Funds
https://www.ivyfunds.com/sites/default/files/cap_gain_estimates_ivy.pdf
Wasatch Funds
https://secure.wasatchfunds.com/~/media/Docs-Fund/2013_Est_Yr_End_Cap_Gain_v2w0.ashx
American Century Investments
https://www.americancentury.com/taxes/estimated_distributions.jsp
DWS Funds
https://www.dws-investments.com/EN/docs/products/Estimated_capital_gain_distribution.pdf
Federated Kaufmann Fund
http://www.federatedinvestors.com/FII/mutualfunds/details/taxInformation.do?fundshareid=5801&year=2013

"To compound our Partners capital at an above average rate, while incurring a below average level of risk."
Join Chuck and the team on the Akre Focus Fund Investor Conference Call
October 31st, 2013 - 4:00PM (ET)
Dial In: (877) 509-7719 Conference ID: 52752955
Submit questions in advance by October 30th to: questions@akrecapital.com
http://www.akrefund.com/index.html

Nice write up David.
Other things I remember:
...will hold cash, 2-30% at times
...all-cap, but portfolio skews toward high quality, except when "special situations" are identified
...high quality means a firm possesses competitive advantage that leads to sustainable creation of cash, which at the end of the day is all that matters
...volatility leads to opportunity, which can create higher turn-over, but normally, expect rotation of only 3-6 names per year
....will wait years, if necessary, before good company is selling at discounted prices, like Bed Bath & Beyond after Best Buy tanked..."time has a way of creating opportunities"
...he remains on look-out for daily dips of good companies on bad news, as often these stocks recover by end of day...he will add to his holdings on such dips
..."compouding vehicle" (influence Charles Akre, apparently)
..."30 stocks that represent best ideas" (influence Bruce Berkowitz, apparently)
...appears extremely sensitive to permanent loss of capital...he believes he is the fund's largest individual shareholder
...he's captain and commander of the portfolio, but "leverages a strategy channeled through years of collaborative research"
...like D&C, once a BM&O employee, always a BM&O employee
...he's currently performing due diligence of ADT, including a visit today by an ADT salesman to sell him and his wife an alarm system
..."for better for worse" has never owned Apple because he's wary of predicting its earnings five years out: "Five years ago, would any of us thought Blackberry would be where it is today?"
...he's currently overweight oil/energy, particularly servicers, which are less dependent on commodity pricing
I thought he was terrific!
Very much appreciate David.
As usual, you've helped introduce us to yet another top money manager, not covered by Morningstar.
Thanks again.

Dear friends,
I spoke for about an hour on Wednesday evening with Zac Wydra of BMPEX. There were about 30 other participants on the call. I've elsewhere analogized Beck, Mack to Dodge & Cox: an old money, white shoe firm whose core business is helping the rich stay rich. In general, you need a $3 million minimum investment to engage with them. Partners was created in 1991 as a limited partnership to accommodate the grandkids or staff of their clients, folks who might only have a few hundred thousand to commit. (Insert about here: "Snowball gulps") The "limited" in limited partnership signals a maximum number of investors, 100. The partnership filled up and prospered. When the managing partner retired, Zac made a pitch to convert the partnership to a '40 Act fund and make it more widely available. He argued that he thought there was a wider audience for a disciplined, concentrated fund.
He was made the fund's inaugural manager. He's 41 and anticipates running BMPEX for about the next quarter century, at which point he'll be required - as all partners are - to move into retirement and undertake a phased five year divestment of his economic stake in the firm. His then-former ownership stake will be available to help attract and retain the best cadre of younger professionals that they can find. Between now and retirement he will (1) not run any other pooled investment vehicle, (2) not allow BMPEX to get noticeably bigger than $1.5 billion - he'll return capital to investors first - and (3) will, over a period of years, train and oversee a potential successor.
In the interim, the discipline is simple:
1. never hold more than 30 securities - he can hold bonds but hasn't found any that offer a better risk/return profile than the stocks he's found.
2. only invest in firms with great management teams, a criterion that's met when the team demonstrates superior capital allocation decisions over a period of years
3. invest only in firms whose cash flows are consistent and predictable. Some fine firms come with high variable flows and some are in industries whose drivers are particularly hard to decipher; he avoids those altogether.
4. only buy when stocks sell at a sufficient discount to fair value that you've got a margin of safety, a patience that was illustrated by his decision to watch Bed, Bath & Beyond for over two and a half years before a short-term stumble triggered a panicky price drop and he could move in. In general, he is targeting stocks which have the prospect of gaining at least 50% over the next three years and which will not lose value over that time.
5. ignore the question of whether it's a "high turnover" or "low turnover" strategy. His argument is that the market determines the turnover rate. If his holdings become overpriced, he'll sell them quickly. If the market collapses, he'll look for stocks with even better risk/return profiles than those currently in the portfolio. In general, it would be common for him to turn over three to five names in the portfolio each year, though occasionally that's just recycling: he'll sell a good firm whose stock becomes overvalued then buy it back again once it becomes undervalued.
There were three questioners:
Kevin asked what Zac's "edge" was. A focus on cash, rather than earnings, seemed to be the core of it. Businesses exist to generate cash, not earnings, and so BM&O's valuations were driven by discounted cash flow models. Those models were meaningful only if it were possible to calculate the durability of cash flows over 5 years. In industries where cash flows have volatile, it's hard to assign a meaningful multiple and so he avoids them.
In follow up: how do you set your discount rate. He uses a uniform 10% because that reflects consistent investor expectations.
Seth asked what mistakes have you made and what did you learn from them? Zac hearkened back to the days when the fund was still a private partnership. They'd invested in AIG which subsequently turned into a bloody mess. Ummm, "not an enjoyable experience" was his phrase. He learned from that that "independent" was not always the same as "contrary." AIG was selling at what appeared to be a lunatic discount, so BM&O bought in a contrarian move. Out of the resulting debacle, Zac learned a bit more respect for the market's occasionally unexplainable pricings of an asset. At base, if the market says a stock is worth twenty cents a share, you'd better have remarkably strong evidence in order to act on an internal valuation of twenty dollars a share.
Andy asked how Zac established valuations on firms with lots of physical resources. Very cautiously. Their cash flows tend to be unpredictable. That said, BMPEX was overweight energy service companies because things like deep water oil rig counts weren't all that sensitive to fluctuations in the price of oil.
A number of other contributors to the discussion board were there and I'd be delighted to get their take on the evening. Folks interested in listening in can get the .mp3 at http://78449.choruscall.com/dataconf/productusers/mfo/media/mfo131016.mp3.
As ever,
David

I'd also consider browsing around Canada. There are some Canadian energy companies (Gibson, Imperial, Black Diamond Group, Crescent Point, others) that have Canadian & some degree of US Exposure, as well as nice divs in many cases. The only issue with some of the Canadian companies is illiquid trading on US pinks. The Canadian market has not done as well this year, so chances are you're not going to be finding things at 52 wk highs.
FRAK does have some Canadian plays - again, I think people aren't looking at Canadian energy co's despite some solid companies.
I agree with Ted on SDRL.
The other thing I'd suggest is looking into environmentally-related plays on unconventional oil. I just think there's going to be more regulation and anything that has to do with waste removal/water treatment/etc etc is worth consideration. Ecolab (ECL) is kind of a play on this, among a hundred other things (one of the larger holdings of the Bill Gates Foundation) - everything from water to energy to bed bugs.
http://www.ecolab.com/our-story/our-company/our-vision/abundant-energy/our-energy-expertise
I really think any sort of clean-up/waste company involved is something to consider as I just totally see more regulation around this whole industry down the road.
The rails, too - bringing sand and other materials and shipping oil, although some rails have more exposure to oil than others. Rails upgrading for more frack sand: http://news.wpr.org/post/railroads-upgrading-tracks-carry-more-frac-sand
From early this year, but good article re: rail and fracking http://business.financialpost.com/2013/03/02/crude-via-rail-not-a-fleeting-business/?__lsa=2ad8-bd9b
"FirstEnergy Capital expects CN to move 100,000 barrels of crude oil per day by rail in 2013, plus fracking sand and drill pipe."
Rails may lose some of this if more pipelines are built but I'm questioning whether pipelines are not going to run into more and more resistance (see Keystone XL)
Hi-crush (HCLP) is a frack sand MLP (it does result in a K-1) that has done very well. Limited focus, certainly, but doing well and nice yield.
It hasn't done well this year, but Northern Tier Energy (NTI) is a refinery with exposure to oil from the Bakken (http://www.bloomberg.com/news/2013-05-14/bakken-gains-as-minnesota-refinery-starts-crude-units-after-work.html, http://www.istockanalyst.com/finance/story/6044815/northern-tier-nti-a-refiner-wrapped-in-mlp-structure) and while it will pay an inconsistent dividend, it has so far been paying a double-digit yield. It is an MLP as well.
GE has some exposure (http://www.bloomberg.com/news/2013-04-03/ge-pushes-fracking-research-with-lab-in-bet-on-shale-gas.html) "Oil and gas is GE’s fastest-growing segment, with revenue up 57 percent to $15.2 billion since 2009, and Chief Executive Officer Jeffrey Immelt is betting that other divisions can profit as drillers tap more shale formations. The center will join labs from Shanghai to Rio de Janeiro and be the only one focused on a single GE business, Little said."
GE also has railcar leasing, as does GATX (GMT)

Thanks David. I love these calls.
These folks have beaten the S&P fairly consistently, especially over longer periods. They appear shareholder friendly with good explanation of strategy and decent ER. No load. No 12b-1. But it does look like they are kicking-back for NTF at Schwab.
I like your comparison to D&C in the MFO profile. BMPEX seems a bit more conservative (or at least better stock pickers), which helped during the 2008 collapse.
They seem to manage risk mostly within the context of equity market, not all allocation or all authority. So, you can expect market-like losses (or gains) as the tide rolls in and out.
As I look at their returns, they marched to the index in the first 10 years (1993-2003), but then came into their own. Took the hit in 2008. But have come on strong the past 3 years.
So, questions:
1. How has their strategy evolved through the years? In particular, after the tech bubble and then after the more recent financial bubble.
2. How do they feel about equity evaluation lately? Reading their reports, I suspect they think markets are over-heated...at least in US.
Here are the risk/return numbers across four different intervals, comparing against some other notables, sorted by absolute return:
Since 1993 (about 20 years)...

Since 2003 (about 10 years)...

Since 2008 (last 5 years)...

Since 2010 (last 3 years)...

Will be calling in from El Capitan State Beach...a little piece of heaven.

Chip has just posted:
http://www.mutualfundobserver.com/fund-index/
Work continues on searchable/sortable tables and profiles for readers to utilize in future.
Currently, 479 Great Owls Funds, just over 6% of all 7573 funds evaluated: 69 - 20 yr, 104 - 10 yr, 149 - 5 yr, and 157 - 3 yr.
Some notable inclusions:
ASTON/River Road Sel Value N (ARSMX)
Artisan Mid Cap Inv (ARTMX)
Artisan Mid Cap Value Inv (ARTQX)
Berwyn Income (BERIX)
Bretton Fund (BRTNX)
Buffalo Discovery (BUFTX)
Chou Income (CHOIX)
DFA Five-Year Gbl Fixed-Inc I (DFGBX)
Fidelity Freedom 2000 (FFFBX)
FMI Common Stock (FMIMX)
Hodges Small Cap (HDPSX)
Hennessy Japan Institutional (HJPIX)
Huber Capital Eqy Inc Inv (HULIX)
Intrepid Income (ICMYX)
JHFunds2 Blue Chip Growth 1 (JIBCX)
Loomis Sayles Inv Grade F/I (LSIGX)
Mutual European Z (MEURX)
Mutual Quest Z (MQIFX)
PIMCO EMs Corp Bd Instl (PEMIX)
T. Rowe Price Div Growth (PRDGX)
T. Rowe Price Dvrs Sm Cap Grw (PRDSX)
T. Rowe Price Global Tech (PRGTX)
RiverPark Short Tm High Yld Ins (RPHIX)
T Rowe P Inst Conc Intl Eq (RPICX)
RiverPark Large Growth Inst (RPXIX)
RiverPark/Wedgewood Inst (RWGIX)
Templeton Frontier Markets A (TFMAX)
TCW EMs Income I (TGEIX)
T Rowe P Personal Strat Grw (TRSGX)
Thornburg Strategic Income A (TSIAX)
Vanguard Materials ETF (VAW)
Virtus International Eqy A (VIEAX)
Vanguard Tgt Retire 2015 Inv (VTXVX)
Wasatch Strategic Income (WASIX)
Weitz Balanced (WBALX)
Westcore Small-Cap Val Div Rtl (WTSVX)
Artisan now has six Great Owl Funds!
Some notable drops:
AQR Managed Futures Strat I (AQMIX)
Commerce Bond (CFBNX)
Frost Low Duration Bond Inst (FILDX)
James Bal: Golden Rainbow R (GLRBX)
GMO Global Asset Alloc III (GMWAX)
LKCM Equity Instl (LKEQX)
T. Rowe Price Small-Cap Stock (OTCFX)
PIMCO All Asset Instl (PAAIX)
Prospector Opportunity (POPFX)
T. Rowe Price New Horizons (PRNHX)
Vanguard Cnsmr Staples ETF (VDC)
Vanguard Equity-Income Inv (VEIPX)