I have never understood the extent to which M* has championed Oakmark funds over the past three decades. They are Chicago homies, so maybe there's some reason there for the back-scratching. I long ago exited positions is Herro's and Nygren's funds and I have not regretted the decision. If value and international diversification prove their worth some day, I still believe the person who held on to Oakmark funds through these bad years will have a lot of ground to make up.

As for comparison of VMVFX and VWINX, VWINX is 33% US stocks, the rest is bonds, whereas VMVFX is 50/50 in US/Non-US stocks, nothing in bonds. Thus it is hard to compare them. Taking into account bad performance of non-US stocks, it is interesting that VMVFX outperformed VWINX during the last 10 years

OAKIX is a really volatile fund. Sometimes that's good, often not. I used to own it; held it for years until its dramatic ups and frequent downs got the better of me. I wanted a smoother ride, even at the potential cost of some measure of lost returns over (what I think would be) a very long time horizon. Plus, I felt the fund was charging too much given its size and poor medium-term performance. In the end I transitioned out of the fund and into a low cost all-cap foreign index fund. That's worked out well, relatively speaking, so far. Annual returns are never in the 99th percentile, which is where OAKIX has been landing (though they'll never be in the top 1% either). I also wonder whether the much smaller asset base during its earlier years had anything to do with the fund's historic outperformance. I'll never know the answer to that.

It’s the financial exposure. They’ve really gotten clocked since rates plunged. They’ve been expecting rates to rise for couple years. That would be benefit banks, etc. Their balanced fund, DODBX, is also lagging. It’s equity holdings are similar to DODGX. No crystal ball here - but I think it’s fair to say that their recent performance isn’t on a par with their storied reputation. It could just be that you and I don’t have the same longer term focus these guys have.
Edit: - Have a few extra minutes here so will elaborate. D&C has low fees for a managed fund house. Over long periods, that shows up in your return. Very long term (10, 20, 30 years) they stand up well). Nearer term can be a bumpy ride. I have a small allocation to DODBX in my most aggressive sleeve. I carry a similar allocation to PRWCX. Over many decades, I’d expect those two to run about even - but PRWCX has outshined now for about a decade. Great hot manager. And good luck.
The larger portion of my above mentioned investment sleeve, however, is in RPGAX. Long term it shouldn’t do as well as the other two (for lots of reasons). However, if like myself you view current markets as “frothy”, than RPGAX should hold up better in such an environment since it’s better hedged.
Not meant as advice. Just my (amateur) views. BTW - I dumped OAKBX over a year ago. I didn’t think the managers were consistently hewing to their stated philosophy. The fund’s behavior indicated something else. I can’t say that of D&C. In this case, they’ve held true to their deep value long term approach. Markets just aren’t cooperating.

TBGVX isn't doing much better. I just looked again. I owned it many years ago. Those 2 Oakmark funds are less than 10% of your taxable account, you say. With Markets that have fallen so far, so fast--- virtually into "Bear" territory--- you might pull the plug, in order to buy into a domestic fund or two. You can live just fine without necessarily owning any foreign stuff. I've reduced my foreign stuff to 7% of my total. The whole WORLD'S Markets are getting hammered. Or is there maybe a single-stock you've had your eye on, tracking just for fun--- until you have some money to throw at it?
What you want to look for is a fund with good "downside capture." Check the Risk profile for any that catch your eye.
OAKIX: 148, quite bad. (Morningstar.)
OAKBX 160, also poor.
DODFX 127, not great.
MAPIX 93, much better, but its upside capture is not fabulous, though: 93. (yes, same number.)
FIGSX 68 downside, 109 upside. Quite good. Still, that is only one metric, one statistic. It's down YTD by over 13%, though. I dunno if you'd find anything at all above the break-even line, tonight.
Domestic: VLAAX
BRUFX
...Hope this helps.

Hi, been awhile since i've been here and wonder if i could get some opinion. My port is 40% equity, 60% FI. I have held OAKIX and OAKBX to fulfill diversification in providing foreign market exposure, and the positions combined comprise
less than 10% of my Taxable account. I'm disappointed in performance of both - lagging for a few years now but YTD both down double-digits. I recognize these are being hurt by the value-bias style that has been out of favor for quite a few years... Herro @ Oakmark has favored financials which of course negative interest rates are pummeling worse than the overall market. IF rates rise, theoretically financials - and in turn Oakmark funds would be expected to improve. However to exit basically 'at the bottom' in current conditions obviously invokes tax consequences. That said, how long is long enough to give these a chance; they are in the bottom 2% of Foreign Blend funds. NAV losses have mounted radically and obviously the CV market volatility is accelerating that. Similarly a recent buy into VG EM Fund VMMSX has yielded significant immediate losses but the OAK funds are more my concern right now. Longwinded lead-in to the question.. What would be pros/cons of holding vs taking the losses - what's an educated guess as to the realistic chance that the OAK funds rebound anytime in say, the next year or so.... What might be a lower risk more 'normal' international fund(s) substitute to consider? As for the EM equity side, again not a huge position but had been in the lagging AEMGX before chosing - a little too hastily to swap into VMMSX (VG) - tho Black Rock in hindsight MDDCX would've been a better choice IMO... but open to suggestions on others to study as well.
BTW, am 61 y/o, no debt, working less, PF generating in the realm of 55-65k/year in Dividend Income. PF value after today's/past week's crash, about 1.87M after recent all time high(Feb) of 2.1M. Thanks! Mike

I've owned it for several years. Made some money on it; web site is boring and cheesy.

Over the years, I've not been convinced Affiliated Research (Mr. Arnott, and associates); and especially in light of reviewing 2 Pimco offerings over the years; that I would have a profitable adventure from their methods.
A simple chart review of PAUIX / PAAIX / vs FBALX and VWINX long term returns.
Regards,
Catch

Bloodbath straight down....anyone shorting tomorrow?...
Any one buying or thinking buying next few days
Next few wks could be critical to whole 2nd quater/midyr

I don’t short. Bill Fleckenstein does. As of last week he felt U.S. markets were still “too close to the top” (and prone to a rebound) to short much. He was biding his time waiting for something like today I think. Just my impression based on reading his blog (paid subscription) over the past couple years. So a lot of today’s carnage may be the result of short sellers jumping on the train. They can really push markets around depending whether they’re shorting or covering shorts.
None of my allocation components has even breached my pre-set perameters. Even if the quarter ended today none would warrant any rebalancing. That said, it’s tempting to want to “do something.” I’m inclined to cut back on fixed income as a “loser” going forward due to bizarrely low rates and to add to equities. In drips and drabs, I’m adding to PIEQX - a Non-North American global developed markets equity index fund. That index hardly looks “bubbly” going back a decade compared to the hot U.S. markets. Lots of great international companies - like Nestle and Diageo. And it’s off well over 10% YTD. You won’t get paid tomorrow. But I’d gamble that in 5-10 years it will reward over fixed income. If I wanted to waste even more $$, I’d start buying PRFDX - which has heavy exposure to refiners. But I lack both the money and the courage. Someone else will have to buy it! :)

Howdy,
Wife and I have our rollover IRAs at Price - for over 20 years. We have her ROTH at Fido and we have a taxable account at TD. I've been pleased with all of them.
good luck,
rono

Just like Social Security retirement age, the government has defined two different end points for savings bonds:
SS: full retirement age (65-67 depending on date of birth)
Savings Bonds: original maturity (20 years)
SS: Maximum delayed retirement age, or something like that (70)
Savings Bonds: final maturity (20 year original maturity plus 10 year extended maturity)
For most purposes, it's these latter dates that matter. They determine when credits end:
SS: Delayed retirement credits
Savings Bonds: interest credits
https://treasurydirect.gov/forms/savpdp0039.pdf
Note: you are required to declare interest income from savings bonds when they reach final maturity, regardless of whether or not you redeem them. You can't shift income into the next year by, say, redeeming a savings bond in January 2021 that reaches final maturity in December 2020.
So there's no advantage, or at least none I can think of, in holding a savings bond past its final maturity date.
https://www.irs.gov/publications/p550#en_US_2018_publink10009904

Buy when there’s blood in the streets?
Let’s see ...
PRNEX (nat. resources) should be off about 25% (YTD) by day’s end.
PRFDX (income producing companies) will likely be off near 20% (YTD) by day’s end.
Bloody enough?
How do you like the idea of tying up your $$ for the next 10 years in a CD or govt. bond for a “guaranteed” 0 - 0.5%? Fund companies may need to close or begin subsidizing their prime money market funds, as current rates probably won’t support operating costs.

One more vote for Schwab. Consolidated all my accounts there years back and not regretted it at all. Good service, good choice of funds, good research available on stocks/funds. They assign a personal agent to you (not sure if there is an account minimum for that) and mine is very helpful to answer requests over email/phone/in person. He helped my daughters and wife, for account openings/transfers. Their checking account offers a debit card without transaction fees, no ATM fees, no additional charges even internationally. This was very useful in my travels. I do have an IRA at Fidelity and they are top class as well.

his badness has been pretty consistent, ouch, ouch
23 stocks, or so
http://portfolios.morningstar.com/fund/holdings?t=CGMFX&region=usa&culture=en-US
if I were still in it, and had only a few thou remaining or whatever, I would stick, just to see --- it ain't going to zero
I like concentrated funds, and one always hopes it will revert to a yacktman situation or similar
but he has sure screwed the pooch recently
I learned a few years ago that he and tillinghast live like a block or four apart, downtown, and I wondered if they ever met at the BPL or for coffee and eggs at a back bay eatery to chat

If I want to buy a fund I just do it at Schwab (I have a small account at Fidelity too) and if it's not there I don't buy. I can buy VLAAX or VLAIX at $100K min + $49.95 (which I usually don't pay) and then I can add or switch to another fund.
For years PRWCX(closed) was my number one allocation choice but VLAIX looks better now and available.

@johnN I messed up with FSENX. Well, you can say I messed up with bunch of Fido Select funds. However, I promised myself I'm not going panic for 10 years. We'll see what happens 2030.

I wanted to learn more about CEFs so I bought PCI last summer. It's only about 7% of my portfolio so the recent bouncing around was interesting to watch, but not a big deal overall.
Everything is reinvested at this point. So far I plan to keep it, as it will be a nice addition to the interest my other bond funds kick off when I retire in a few years.

I've been with Schwab for about 15 years now, and am pleased with fund selection, interaction with the local team and overall research available on the website. It might boil down to what you're looking for. Do you want to make your own decisions? Aside from what I described, they also have a private client offering for more customized service, as do others. Their robo-offerings are also well thought of.

I felt a bit cheated a few years back. I had qualified for some preferred perks because of the total $ I had with TRP. Then they bumped-up the threshold. So, because I had not already been using "perk X," I could not be grandfathered-in. I'm talking about the good discount on transactions with their own TRP brokerage.

I figured most here did their own investments online. I have used TRP online for years and think it works out great. What do you like most about going to the office?