I have noticed several things about Yahoo Finance (YF) data:
1. Data-feed errors are generally not fixed. This I have noticed at other sites too. Reason probably is that it is pointless to correct data-feed errors manually as the next data-feed refresh may just restore those. Fund families whose data are involved don't care - this I KNOW from my prior emails to YF and fund families.
2. Yahoo Finance does process some of its data. Adjusted-prices is something unique to Yahoo Finance (and Stockcharts, etc). Not everyone is sold on this concept (others do Growth-of-10K). Another area is Treasury rates ^TNX, ^TYX, etc where YF doesn't follow the typical 10x rate scale convention (CBOE, Stockcharts, etc) and that leads to some fantastic transient error in that data at YF on some afternoons.
3. I also suspect that in adjusted-price calculations, YF rounds results to 2 decimals in EACH step. This rounding error then propagates and becomes noticeable for periods larger than 10 years. Conceptually, the results from adjusted-prices and Growth-of-10K should be closer to what they actually are.
Under Data Disclaimer, Yahoo Finance provides multiple sources of its data.
https://help.yahoo.com/kb/finance-for-web/SLN2310.html?locale=en_US
"US quotes are real-time for NASDAQ, NYSE, and NYSE American when available from Nasdaq Last Sale and if not available it will appear delayed from the consolidated tape. See delay times for other exchanges below. Quotes are updated automatically but will be turned off after 25 minutes of inactivity.
Financial statements, valuation ratios, market cap and shares outstanding data provided by Morningstar.
Company profile data provided by S&P Global Market Intelligence.
US equities and global index historical data and daily updates provided by Commodity Systems, Inc.
International historical chart data and daily updates provided by Morningstar.
Analyst estimates, earnings, corporate, economic events, non-US IPO, and insider transactions data provided by Refinitiv*.
Top institutional and mutual fund holders provided by Vickers-stock.com.
SEC Filings and US IPO data is provided by EDGAR Online, a division of Donnelley Financial LLC.
Sustainability data provided by Sustainalytics and Morningstar.
Upgrades and downgrades provided by Benzinga.
Corporate governance scores provided by Institutional Shareholder Services."

Recovered from SA :
Bigger picture: Current market fears are centered around sanctions, though the first wave of them appeared to be quite targeted and not that economically damaging. Measures from the U.S. were leveled against two of Russia's largest financial institutions, three members of Russia's elite, as well as sovereign debt, but left the crucial energy sector untouched.
Good thing the sanctions didn't hit energy as gas in the USA is rising fast enough.
Does the USA import oil from the Bear ? It seems I read somewhere (we) do.
Will the sanctions effect Russia MF's ?
Trying to enjoy the ride, Derf

Given that M* provides a figure for FGMNX's 2021 performance and Yahoo reports N/A, perhaps it is how Yahoo transcribes numbers and not M*'s data that is the problem? Or perhaps Yahoo calculates its own figures (e.g. adjusted closing prices) from data provided by M* and it just doesn't know how to program accurate financial calculations?
Then there's FGMNX's YTD performance as of now (Feb 22, 2022 close). The authoritative figure from Fidelity is -2.42%. The M* figure on the fund's quote page is -2.42%. Yahoo's fund summary page reports -2.43%.
One of these is not like the others.

https://www.sec.gov/Archives/edgar/data/935015/000119312522048733/d293939d485apos.htm
Excerpt:
Principal Investment Strategies
The Fund’s investment team employs a fundamental investment process to construct a diversified portfolio of securities of undervalued, primarily non-US small companies. The team seeks to invest in what the team considers to be high quality, undervalued companies with strong balance sheets and shareholder-oriented management teams.
The team’s investment process focuses on four key characteristics:
■Undervaluation—Determining the intrinsic value of a business is the heart of the team’s research process. The team believes that intrinsic value represents the amount that a buyer would pay to own a company’s future cash flows. The team seeks to invest at a significant discount to its estimate of the intrinsic value of a business.
■Business Quality—The team seeks to invest in companies with histories of generating strong free cash flow, improving returns on capital and strong competitive positions in their industries.
■Financial Strength—The team believes that investing in companies with strong balance sheets helps to reduce the potential for capital risk and provides company management the ability to build value when attractive opportunities are available.
■Shareholder-Oriented Management—The team’s research process attempts to identify management teams with a history of building value for shareholders.

Thought I'd share and ask how others are holding up to their own benchmarks. Sometimes you have to step back from the headlines and financial talking-heads and see how things are going personally.
In a market that is so volatile and seems heading lower, it's hard for me to get a perspective for my portfolio losses unless I compare to some benchmarks. So I did that this morning. Overall, I have 2 tax deferred accounts that make up my total, total being ~46% equity. A little more than 1/2 my total is in a Schwab robo, Intelligent Portfolio. No fuss, no muss. Nothing I can screw up. It self balances to the goal of 45% equities (at 43% now). The other account is what I self-manage, sitting at about 49% equities, very little in bonds and a lot of the "other" category which I guess is the term for alternative investments, commodities and gold.
I'm comfortable using the TRP retirement funds for benchmarks. The closest benchmark for me is their 2010 retirement fund, TBLQX, 45% equities. I also like to compare to SPY and VTI (Vanguards total stock market etf) to get some perspective of, if the market falls big-time, what would I expect my savings to drop, percentage wise. Below is my comparisons:
YTD
Schwab robo -3.4%
Self managed -4.4
Total -3.9
Bechmarks:
TBLQX -4.6
SPY -9.3
VTI -9.9
So in perspective, I guess I'm holding up ok versus these benchmarks. If I make no adjustments and the market has a big drop I can guestimate my loss being "only" about 40% of that drop. Good to know.
FWIW, some other TRP retirement funds YTD:
TRRIX 38% stock = -4.1%
TBLPX 41% stock = -4.3
TBLQX 45% stock = -4.6
TBLSX 48% stock = -4.7
TSBAX 52% stock = -5.0
TBLVX 60% stock = -5.5

CW bashing is unjustified (at this point

@wxman123 - Kindly point out where you see “bashing” here.
CNBC advertised this as a 90 minute interview. Absent commercials and moderator’s questions CW was given at least 60 minutes of largely uninterrupted nationally broadcast air time to promote her investing methods / funds.
My question (posted yesterday) was simply whether more should be done in these types of shows to inform investors that the speaker is presenting “best case” outcomes and that there are also substantial risks associated with those investments.You and I know that. But I don’t think we should assume that the tens of thousands of viewers who happened to watch all do. I’d be just as concerned had David Giroux or Mario Gabelli been allowed to talk for an hour or more promoting their funds without adequate attention being paid to the risks involved.
Here’s a link to a partial transcript from yesterday’s program. I don’t think CNBC allows free access to previous interviews, but if someone can prove me wrong and link the entire interview it would be appreciated.
-
Some of us remember the class with which Louis Rukeyser conducted his Wall Street Week program In the 70s - 90s. Representatives of mutual funds or other financial products were given about 10 minutes one-on-one with Lou. Usually the questions weren’t hard hitting, but on several occasions he did drill down. Another 10 minutes was spent with a panel of four highly qualified investment experts questioning said presenter in a round table setting. The show ran 30 minutes and did not have commercials. To me this is a better way to let them air their product to the public than what transpired at CNBC yesterday.

The best questions in that interview are from Josh and the moderator did not give time to answer his second question but kept repeating his own hysterical softball questions for the purpose of increasing outrage / viewership - survivor bias I guess. Too bad that even these financial media (CNBC, Fox Business, Bloomberg) seem to operate the way Facebook operates (targeting hysteria, outrage, fear, and other extreme human emotion). Not sure if the world has always been this way because I only started paying attention (consuming media) recently.

@stayCalm- "OT" refers to the "Off-Topic" MFO discussion section. It's the designated section for commentary which has either very limited or no direct connection to financial matters. msf's unwarranted snub notwithstanding, some of the oldest if not finest MFO posters may be found there. It's accessed via a link at the top left of each MFO page.
@msf- just kidding! :)

Let us hope no misdirected “newbies” accidentally stumble into OT on their first visit.
They’d surely wonder what the the board is about. I understand the reason for OT’s existence (I think).
Yet, it’s hard sometimes to draw a clear distinction between financial and non-financial issues. The many posts after two 737 Max disasters might be an example - as there were repercussions for the airline and aircraft industry which did impact some peoples’ investments and portfolio positioning. And who can argue that Covid-19 (stimulus checks, border closings, business closings, online shopping, near 0 short term interest rates, liquidity issues) wasn’t an economic event?

I saw that already. I prefer to trust (no pun intended) legal documents over marketing literature.
In any case, there's a difference between handing money over to a bank and having that money sit in an insured account. If the money is in an individual insured bank account waiting to be swept into an omnibus account, what type of bank account is it in? Is it in a savings account or a demand deposit account? Either way, where's the bank disclosure statement that must go along with that bank account?
What appears to be happening, and one must say "appears" because nothing is disclosed, is that the bank is merely holding your money for a day before moving it to an account (the Deposit Account). It's as if you went into a bank, handed the teller your cash, and before the teller did anything with it, gunmen with six-shooters a-blazin' grabbed the money out of the teller's hand.
Sure, the bank would likely still be on the hook for that cash. But the FDIC wouldn't be. It insures accounts, not banks. If a bank goes bust, the FDIC isn't going to cover its electric bill.

FDIC deposit insurance coverage depends on two things: (1) whether your chosen financial product is a deposit product; and (2) whether your bank is FDIC-insured.

https://www.fdic.gov/resources/deposit-insurance/brochures/deposits-at-a-glance/index.html

>> They joined IRA Financial Trust eager to build a nest egg in crypto.

what could go wrong?
>> IRA Financial Trust has acknowledged an incident occurred and is investigating it, telling CoinDesk in an emailed statement the “suspicious activity” affected “a limited subset of our customers with accounts on the Gemini cryptocurrency exchange.”

ah

@stayCalm- "OT" refers to the "Off-Topic" MFO discussion section. It's the designated section for commentary which has either very limited or no direct connection to financial matters. msf's unwarranted snub notwithstanding, some of the oldest if not finest MFO posters may be found there. It's accessed via a link at the top left of each MFO page.
@msf- just kidding! :)

Risk of crypto theft is applicable to any type of financial account whether SD IRA or not. Coinbase account holders can also lose money if Coinbase goofs up on security best practices.
Setting aside the crypto aspect, risk of assets being stolen from a SD IRA account is quite remote. Other risks as called out in linked article I agree with.
Cash in an SD IRA account can have FDIC protection depending on how the SD IRA custodian is set up. For example see footer at https://www.goldstartrust.com

an account labeled “Benjamin Choe'' began withdrawing bitcoin, ether and U.S. dollars from user accounts. One user said he lost 13 ETH, 1 BTC and thousands of dollars in a matter of minutes

Crypto may have been the bait, but the theft wasn't crypto-specific.
Self directed IRAs are already a wild west environment. They're structured to give investors nearly unlimited control over what types of investments are put into the IRA. Contrast that with a brokerage which limits you to stocks, bonds, derivatives, mutual funds, ETFs, and the like.
Also unlike brokerages, self directed IRA custodians don't have SIPC insurance to protect you against theft. The custodian, IRA Financial has "reason to believe that there are some bad actors posing as IRA Financial employees looking for crypto account-related information." Good luck recovering losses.
https://www.nerdwallet.com/article/investing/self-directed-ira

@sma3 Thank you for catching my misstep. I’ll (cheerfully) edit earlier post to delete comment.
Here’s the name of DFND - Clearly not a Simplicity offering: Siren DIVCON Dividend Defender ETF
I don’t have any opinion on PFIX as long as folks understand the potentially very high volatility and that it can move both ways. I own a few like that myself. :(
In hindsight, perhaps a 30 year fixed rate mortgage at 2.75% or 3% would constitute an interest rate hedge? In that case, the bank, government or financial institution is the lender / investor.

Anybody subscribe and can read the entire article? I just got this snippet, although the argument is familiar
"The Economist offers an insightful big picture overview this week in What would happen if financial markets crashed?:
Today America’s financial system looks nothing like it did before the crashes of 2001 and 2008, yet lately there have been some familiar signs of froth and fear on Wall Street: wild trading days on no real news, sudden price swings and a queasy feeling among many investors that they have overdosed on techno-optimism. Having soared in 2021, shares on Wall Street had their worst January since 2009, falling by 5.3%. The prices of assets favoured by retail investors, like tech stocks, cryptocurrencies and shares in electric-car makers, have plunged. The once-giddy mood on r/wallstreetbets, a forum for digital day-traders, is now mournful.
It is tempting to think that the January sell-off was exactly what was needed, purging the stock market of its speculative excesses. But America’s new-look financial system is still loaded with risks. Asset prices are high: the last time shares were so pricey relative to long-run profits was before the slumps of 1929 and 2001, and the extra return for owning risky bonds is near its lowest level for a quarter of a century. Many portfolios have loaded up on “long-duration” assets that yield profits only in the distant future. And central banks are raising interest rates to tame inflation."

https://www.sec.gov/Archives/edgar/data/822632/000119312522041565/d448645d497.htm
497 1 d448645d497.htm WILLIAM BLAIR FUNDS
WILLIAM BLAIR FUNDS
WILLIAM BLAIR BOND FUND
WILLIAM BLAIR SHORT DURATION BOND FUND
WILLIAM BLAIR ULTRA-SHORT DURATION BOND FUND
Supplement to the Summary Prospectus, Prospectus and Statement of Additional Information dated May 1, 2021, as Supplemented
Upon recommendation of the Adviser, the Board of Trustees of William Blair Funds (the “Trust”) determined that it was in the best interests of each of the William Blair Bond Fund, William Blair Short Duration Bond Fund, and William Blair Ultra-Short Duration Bond Fund (each a “Fund” and collectively the “Funds”) to redeem all the shares of the Funds on or before April 15, 2022 (the “Liquidation Date”), and then terminate the Funds. Shareholder approval of the liquidation is not required. The Funds will be closed to new investors effective February 14, 2022 but will remain open for investment until February 28, 2022 for existing shareholders.
At any time prior to the Liquidation Date, the Funds’ shareholders may redeem all or a portion of their shares or exchange their Fund shares for shares in the corresponding class of another fund of the Trust pursuant to procedures set forth in the William Blair Funds’ Prospectus. If you wish to exchange your shares into another fund of the Trust, or would like to request additional copies of the Prospectus and Statement of Additional Information for the Trust including other funds for which you may exchange your shares of the Funds, please call William Blair Funds Shareholder Services or your William Blair client representative at the following numbers:
For Class N and Class I Shares
Call: 1-800-635-2886
(In Massachusetts 1-800-635-2840)
For Class R6 Shares
Call: 1-800-742-7272
If you are invested in the Fund through a financial intermediary, please contact that financial intermediary if you have any questions.
Liquidation of Assets. The Funds will depart from their stated investment objectives and policies as they liquidate holdings in preparation for the distribution of assets to investors. During this time, the Funds may hold more cash, cash equivalents or other short-term investments than normal, which may prevent one or more of the Funds from meeting their stated investment objectives. Any shares of the Funds that have not been redeemed or exchanged prior to the Liquidation Date will be redeemed automatically at their net asset value per share on the Liquidation Date.
Dated: February 14, 2022
William Blair Funds
150 North Riverside Plaza
Chicago, Illinois 60606
Please retain this supplement for future reference.

Just don’t lose sight of the fact the same individual is also bearish on equities. “… guiding the financial markets into a very nasty mess“ encompasses a lot more than just bonds.
FWIW - I checked RPSIX the other day and it seems to have held up fairly well during the recent bond selloff. Looks like RPEIX is its largest holding - a bond fund designed to counteract rising rates.

We have an entire generation of investors who have never been "weaned" off artificial interest rates. They have no clue about real interest rates. Many of them don't even know what a bond is, limiting their "knowledge and wisdom" to NFTs, crypto scams, trend chasing, paid-to-play idiots, forever fearful of falling behind their index bogies. Add in the "Robin Hood" generation of newly minted "geniuses", and you get a very toxic brew of ignorance, guiding the financial markets into a very nasty mess.
-
Excerpted from: Bill Fleckenstein's “Market Rap” / Question & Answer Portion. Posted Friday, February 11 by an anonymous reader / contributor. It’s a paid subscription site and so I rarely quote from it. But I thought the above to be a particularly succinct and sobering take on bonds and today’s investment climate - whether you agree or disagree.

Yes let's bail out the rich, especially the richest of them. And let's give more handouts and bail outs and tax breaks to businesses, and the oil companies and Wall Street financial firms and the airlines and corporate agriculture and on and so forth because we've always seen how well that works out. For them anyway. Yeah baseball fan, let's see something substantial and not your usual pathetic whining.