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Thanks for the tips. I still have portfolios over there, especially for shopping.Some of the information is provided on their new pages, some isn't, but can still be found on their legacy pages.
For example, if you click on the price "tab" on a new page, at the lower right you'll find the three year tax cost ratio for a fund. But I don't believe that you can find the 1, 5, 10, or 15 year tax cost ratio as you would on a legacy page, e.g.
http://performance.morningstar.com/fund/tax-analysis.action?t=VFINX®ion=usa&culture=en-US
OTOH, the legacy page doesn't give the category three year tax category tax cost ratio that's provided on the new page.
While I agree that a bank money market account, so long as it were within FDIC insurance limits, would be safer than VMMXX, I consider VUSXX to be safer still.There is a reason majority of my cash is in VMMXX...the only thing safer would be a bank money market fund. I do have a smattering of RPHYX and RSIVX.
When giving quotes, it helps to provide a citation to the source as well as name it. That makes it clear exactly which definition you are using from the source. The same source may offer multiple definitions.Both M* and Schwab uses the following information in describing assets, based on information provided by the fund company.
M* definition of "cash equivalent":
Cash Equivalent
Assets that can be quickly converted to cash. These include receivables, Treasury bills, short-term commercial paper and short-term municipal and corporate bonds and notes.
It doesn't matter how M* defines "cash equivalent" generally; what matters is how it defines it for the purpose of computing percentage cash.This data point identifies the percentage of the fund's net assets held in cash.
Cash encompasses both actual cash and cash equivalents (fixed-income securities with a maturity of one year or less) held by the portfolio plus receivables minus payables.
Negative percentages of cash indicate that the portfolio is leveraged, meaning it has borrowed against its own assets to buy more securities or that it has used other techniques to gain more than 100% exposure to the market.
http://advisor.morningstar.com/Enterprise/VTC/FAQ_Methodology_Enhancements_31_October_2016.pdfWhat are the changes to the Global Fixed Income Sector Classifications?
Within Morningstar's fixed-income classification processes, we use instrument attributes to determine which positions should be treated as cash and cash equivalents. Morningstar previously based the assignment on an instrument being an eligible type of fixed-income instrument with a maturity of no more than 364 days. Morningstar will reduce it to 92 days to align with regulations and the broader investment industry. Additionally, we’re making minor refinements to the determination of which securities, accounts, loans, and derivatives will be subject to this reclassification to cash.
@finder - Right on. I noticed the same, that the Vanguard Money Market VMMXX has a higher one year return than RPHYX. RPHYX lost its magic?It is interesting that this fund reopened now, after a significant slow down: During the last 1/2 year it reached a plateau with almost zero slope (no return). The only time it happened in the past it was in 2015, see M*
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