Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
  • Impromptu Webinar Video Recording [30 July]
    @Mav123. Monthly. Lipper drops month ending data first Saturday of month. So, sometimes it's on 1st, other times (like this week) it's on 7th. July update crunching now. Will be posted tonight or Sunday morning (typical). There are mid month upgrades to features and funds.
    A nice summary with helpful screenshots is on homepage.
  • morningstar
    @Mona , I've noticed that Vanguard is using Yodlee to authorize funds transfers from other brokers, like Schwab and I brought up to their management that there is a problem on their site with Yodlee.
    Anyways, I was able to escalate the issue to their Executive Team and got a hold of Monique Burnette, Executive Correspondent, 888-888-7062, Ext. 66110 on business days between 8:00 a.m. and 4:30 p.m., Eastern time Hope it helps, but I always submit the issues in writing.
    Thank you for the information. Monday, I too will contact Monique Burnette. I do not understand why the people I spoke with, including my Flagship Rep., were unaware of the problems.
  • morningstar
    @Mona , I've noticed that Vanguard is using Yodlee to authorize funds transfers from other brokers, like Schwab and I brought up to their management that there is a problem on their site with Yodlee.
    Anyways, I was able to escalate the issue to their Executive Team and got a hold of Monique Burnette, Executive Correspondent, 888-888-7062, Ext. 66110 on business days between 8:00 a.m. and 4:30 p.m., Eastern time Hope it helps, but I always submit the issues in writing.
  • More ESG baloney, er hypocrisy??
    So...read Barron's this morning...there was a snippet from a fund mgr from one of the Parnassus funds...he was referring to when elminating gambling, carbon energy, defense companies, blah, blah, leaves him with a smaller subset of companies in which to invest in...then speaks to Discover card stonk passing his "ESG screen" due to diversity, valuation, blah, blah.
    First thing I think of is... you gotta be sheeting me. Credit card companies have got to be one of the least socially responsible and most racist organizations on the planet. Loan sharks. Pay you out 0.40% American Express savings and charging you what 13-22% interest on their "loans". And I haven't looked it up but I would venture to guess, in general, minorities pay way higher rates than white folks do, no (is that a fair assumption, can we be real with each other?) So they oppress folks of color and handicap (bury them in relentless debt load) them with their never ending daily compounding interest with their loan shark line credit card loans and this fund mgr is spouting his ESG drivel...screw that...are these folks for real?!?
    Baseball Fan
  • Dodge & Cox Global Fixed Income Fund???
    Cute - Performance 5 yr window is 1895-1899
  • Dodge & Cox Global Fixed Income Fund???
    I ran across tickers for this phantom fund: CCCJX (class A), CCFSX (class I), CCDWX (class C).
    TDAmeritrade listing of D&C funds
    The SEC site has nothing I can find, so I'm confident that this is not a soon to be launched fund. But if there is anything at all real about it, it suggests that D&C is considering, or at one time considered, load funds. Given that D&C already offers DODLX, its global bond fund, a global fixed income fund would seem redundant. Perhaps just a little jetsam from when D&C was creating DODLX?
  • Morningstar going further downhill.
    Vanguard's website for brokerage clients is poorly designed and inefficient.
    The "look and feel" reminds me of websites from the late '90s or early aughts!
    Do you mean like this one (link is to a capture of Scottrade's login page from June 25, 2004)?
    https://web.archive.org/web/20040625091038/http://www1.scottsave.com/Login.asp?lang=
    I wonder if people really do remember what barebones websites looked like. It's not even close.
    Poorly designed is a matter of opinion. Could you expound?
    For example, when I want to buy a non-VG fund at VBS, I can enter a ticker or I can select a family from a select box, and then a specific fund from a second select box loaded with funds from the selected family. Clean, simple, informative.
    Fidelity's website has two different trading interfaces. One is a pop up summoned by clicking on "Trade" when viewing one's portfolio, the other is a stark web/mobile page navigated to by clicking the "Trade" selection from the drop down "Accounts and Trade" link near the upper left corner of most account/portfolio pages.
    The latter interface has a Symbol box which when made active (clicked) shows current fund holdings in the selected account. But I can find no help in identifying the symbol of a new fund to buy. You need to look up the symbol on your own and enter it.
    The former interface, the pop up dialog box, has the same limitation unless one switches off what Fidelity calls the "New Trade Experience". Then when one activates the Symbol box, one sees a link to "Find a Symbol". Now we're getting somewhere, albeit slowly.
    That link brings up another window, where one has to again click on "Find a Symbol" (that choice isn't pre-selected), then indicate that the search is for a fund (not stock), then do a search. That search returns tickers of the matching fund or funds.
    Next, either copy that ticker back into the original pop up dialog search box or click the ticker symbol. Doing the latter navigates that search page to summary data of the selected fund. That page has a trade button. Hurray!
    But clicking that button causes the original Fidelity page to navigate away from the page it was on (thus abandoning the pop up dialog trade box), and brings you to the web/mobile trade page already briefly discussed. It loses some of the info you may have entered into the original pop up dialog box.
    I could go on, but you get the idea. Finding and entering a fund to buy on VBS is significantly easier and more efficient. Other parts of entering a fund trade are more difficult.
    Hence the request for specifics about the poor design and inefficiencies you find on the VBS website for mutual funds.
  • morningstar
    They are too busy paying their employees $1,000 each to get vaccinated
    If the concern is about the amount of time expended ("too busy"), ISTM that having a computer cut a one-time check for an employee when a "vaccinated" box is checked off consumes virtually no time. What does consume time is checking off that box, i.e. verifying that an employee is vaccinated.
    A vaccinate only policy, whether voluntary or mandatory, regardless of incentives, still consumes just a small amount of time. That's especially true when compared with other companies following a policy of accepting repeated testing in lieu of vaccinations.
  • Funds For The Electric Vehicle Surge
    From a technical pov, catch22 has it right. Improvements in battery technology, specifically charge density and charge time, are critical to widespread adoption. The batteries cost a small fortune, have a limited lifespan, take a long time to charge, have a limited running time/travel distance, and are heavy. If we can get cars which can use solar power or charge in 10 minutes, and can run for 5-6 hours, THEN we've got something!
  • Wealthtrack - Weekly Investment Show
    Are we in a new Treasury bond bull market? New this week is an insightful report, “From cornering the market to backed in a corner” from Michael Contopoulos, Director of Fixed Income at Richard Berstein Advisors. The RBA team has generously agreed to share it with our viewers
    wealthtrack-Insight_Cornering_the_Market_08.21.pdf
  • morningstar
    Morningstar must still be asleep this morning...

    Yep. And they joined the ranks of Vanguard.

    Morningguard? Vangstar?
    For years I have used Yodlee on Vanguard to aggregate my Schwab account. Worked great. For the past few months, I can't get it to refresh and update. It seems that 2FA is the problem. I can't even get Vanguard to acknowledge that there is a problem, although they can clearly see that my refresh failed! They are too busy paying their employees $1,000 each to get vaccinated instead of concentrating on their clients needs.
  • Funds For The Electric Vehicle Surge
    I have not read any of these yet. When and if I do decide to invest in one it will be one more focused on the moving parts (i.e. charging stations, batteries, machining tools, etc.) rather than any one focused on particular EV auto manufacturer.
    7 Electric Vehicle ETFs to Buy
    3 Funds to Gain From Progress in Electric Vehicle Space
    3 Electric Vehicle ETFs To Floor It With
  • Baillie Gifford Long Term Global Growth (BSGLX)
    I believe that you can buy the fund through Fidelity BUT.....
    There is a transaction fee and this alert on the Fidelity site:
    "Please call a Fidelity Representative at 1-800-544-6666 to buy this fund."
    At least that's the info I received when I searched the fund. Also search (research) the fund by its name and not its ticker symbol. For whatever reason Fidelity acts like it's nonexistent if you use the latter.
    Yes, same here, it says to call.
  • Morningstar going further downhill.
    Hi @Ben
    Do you have an investment account at Fidelity and/or have experience with their inclusive brokerage feature?
    Thank you.
    Hi catch 22,
    No I have had no dealings with Fidelity. Nothing against them, it just never happened. I have never used a brokerage for mutual funds except in assisting my wife with her 401k before she retired. Over the years there were several brokerages used, all of which were clumsy and difficult to use but which were positively ELEGANT compared to the Vanguard brokerage.
  • Changes at the Walthausen Funds
    Walthausen I believe is fairly up there age wise. His site describes him as having been in the business over 40 years. Here's a photo from ten years ago:
    image
  • Changes at the Walthausen Funds
    https://www.sec.gov/Archives/edgar/data/1418191/000141304221000667/smallcapsaisup080621.htm
    497 1 smallcapsaisup080621.htm
    WALTHAUSEN FUNDS
    Walthausen Small Cap Value Fund (WSCVX and WFCIX)
    Supplement dated August 6, 2021
    to the Statement of Additional Information dated June 1, 2021
    Effective immediately John B. Walthausen is no longer a portfolio manager, trustee or officer of the Fund. Any information to the contrary in the Prospectus and the Statement of Additional Information should be disregarded.
    This supplement and the Statement of Additional Information dated June 1, 2021 provide the information a prospective investor ought to know before investing and should be retained for future reference. The Statement of Additional Information has been filed with the Securities and Exchange Commission and can be obtained without charge by calling the Fund at 1-888-925-8428 or by visiting the Funds' website at www.walthausenfunds.com.
    https://www.sec.gov/Archives/edgar/data/1418191/000141304221000669/focusedsaisup080621.htm
    497 1 focusedsaisup080621.htm
    WALTHAUSEN FUNDS
    Walthausen Focused Small Cap Value Fund (WSVIX)
    Supplement dated August 6, 2021
    to the Statement of Additional Information dated June 1, 2021
    Effective immediately John B. Walthausen is no longer a trustee or officer of the Fund. Any information to the contrary in the Prospectus and the Statement of Additional Information should be disregarded.
    This supplement and the Statement of Additional Information dated June 1, 2021 provide the information a prospective investor ought to know before investing and should be retained for future reference. The Statement of Additional Information has been filed with the Securities and Exchange Commission and can be obtained without charge by calling the Fund at 1-888-925-8428 or by visiting the Funds' website at www.walthausenfunds.com.
  • Morningstar going further downhill.
    AndyJ -- you might now be able to get those Pimco institutional funds at Schwab with only a $2,500 minimum. That's the case for PIMIX, anyway.
    @sfnative, I'm at Fidelity, which offers a sort of secondary I share class for at least some Pimco funds, the I-3 class. Those are intermediate between the "normal" I shares and A shares, with ER's in between I and A, and low minimums (used to be $2,500, now apparently no minimum), with a TF, for the ones I've checked or invested in at Fido.
    See for example PIPNX. (M* shows $1 million minimum; not the case at Fidelity, at least.)
    Cheers, AJ
  • The Era of Cheap Natural Gas Ends as Prices Surge by 1,000%
    The authors acknowledged the attention grabbing aspect of their headline when they stated "European natural gas rates have surged more than 1,000% from a record low in May 2020 due to the pandemic, while Asian LNG rates have jumped about six-fold in the last year." And, they don't view natural gas as a final green solution to the climate change problem ("Countries championed gas as a way to quickly reduce their carbon footprint.") What I took from the article is a suggestion that global natural gas prices may well remain firm and perhaps rise substantially in the mid-term until alternative energy sources that are globally affordable and greener become available -- depending on how global regulations and investor demands evolve as the energy transition continues.
  • The Era of Cheap Natural Gas Ends as Prices Surge by 1,000%
    If the cost is in fact $15/MMBTU, that isn’t good. The chart shows Europe and Asia, not North America.
    mmbtuimage