M* extended methodology is used for many reasons. The second on the list is changing its legal structure.
Last year, QRSIX was moved from one trust run by FPA to another trust run by FPA. Certainly you would not want M* to drop all performance info prior to mid-2023 simply because of a change in legal structure.
https://www.sec.gov/Archives/edgar/data/1170611/000110465923062212/a23-16089_1497.htm
Consider the CREF funds. They launched their cheapest share class, R4, on April 29, 2022. Should M* should ignore all performance prior to two years ago? Certainly people who own the shares could look at the R3 shares and mentally calculate the difference in performance due to costs. But why? M* can do the same thing with virtually no effort.
https://www.morningstar.com/funds/xnas/qcstfx/performance
If we can learn nothing from past performance, then why expect M* to report it at all, for new or old share classes?

I'm in a North suburb of ATL. The weather guys were warning us for days, but luckily we just had heavy rain for 3 days and it passed. ATL and the GA coast hardly ever get hit.
In 2 days we are vacationing about 1.5 hours north of Ashville. I'm not going to drive thru Ashville and will take I-81.

SGENX has 57 billion AUM, turnover is only 6%. Despite small turnover it is not very tax efficient. Maybe ETF in the beginning will be more flexible and tax efficient.

We moved to DODIX (core plus bond), BND (total bond index), and PYLD (multi-sector bond ETF) over 6 months. All of them are intermediate-term investment grade bond funds. Short term T bills have been falling below 5% yield since July this year and it is likely to reach 4% by year end. That is the reinvestment risk we face when FED cut rates. I think intermediate term is the sweet spot now for bonds as more rate cuts are coming through next year.

Terrible hurricane, more than 90 confirmed dead... I love my CATs, but I sold 80% of them on Friday. Strangely, they jumped up happily when Helene passed through: on Friday, EMPIX was up 0.19%, CBYYX was up 0.35%, and SHRIX was up 0.44%. Maybe they did not have time to respond, or people became optimistic that Helene hit the less populated area and was no longer a threat. But today, some sources estimated a total loss of about $20 billion, whereas others estimated total damage ~ $100 billion, though only a small part of it may hit CATs. Hopefully tomorrow will bring some clarity.

Schwab has it, but with a $49.95 Transaction Fee (of course).

Lastly, this is all for now. Our COVID funk is still hanging around with fatigue; and for me, I've lost my sense of taste...........bummer, for sure.

Among the older demographics, we have to be careful and there are anti-viral medications that your primary care physician can prescribe. Don’t know if this may be a bit late now. COVID booster shot can prevent serious hospitalization but the symptoms will linger depending on the individual health.
We are glad to see you are back posting on bonds. Yields on money market funds are falling as you stated FZDXX to below 5% now. By year end it will fall another 50 or 75 bps to match the FED’s rate cut.

People know that rates are falling, but a picture is worth 1,000 words. So, in the chart linked,
The main chart is 3m T-Bill and m-mkt track those with small lag.
The bottom frame shows 10y T-Note that SVs (TIAA Traditional, etc) tracks, also with some lag.
Scale is 10x the rate.
https://stockcharts.com/h-sc/ui?s=$IRX&p=D&b=5&g=0&id=p71662440404

NOTE:

My intention, at this time; is to present the data for the select bond sectors, as listed; through the end of the year (2024). This 'end date' will take us through the U.S. elections period, pending actions/legislation dependent upon the election results, pending Federal Reserve actions and market movers trying to 'guess' future directions of the U.S. economy. As important during this period, are any number of global circumstances that may take a path that is not expected; and/or 'new' circumstances. In the 'cooking pot' we currently have the big ingredients of the middle east and also, how much damage Ukraine may inflict upon Russia and the response.

Birth Announcement: MMKT, a money market etf; that began life this past Wednesday. LINK Though not a direct bond product, but does use same; and is an income product via yield, but now with the 'risk factor' of etf pricing.

FLASHBACK, BOND YIELD LOCKUP: Once the full impact of the serious nature of COVID became apparent globally; there was a two day period at March 9, 2020 when bond yields dropped to low yields and were locked into this yield until FED and Treasury interventions. I save some charts/graphs and below is one I found last week.
March 9, 2020
--- 30 yr yield = .94%
--- 10 yr yield = .50%
--- 5 yr yield = .43%
--- 1 yr yield = .29%
GRAPH
W/E September 27, 2024..... Zig Zag returns for bonds during the week
--- This week found the w/e with mixed results for bond sectors. TIPS related funds are still performing well. Many bond NAV's had positive moves on Friday, in the range of +.2 thru +.5% that offset down days for the week.
A few numbers for your viewing pleasure.
FIRST:
*** UST yields chart, 6 month - 30 year. This chart is active and will display a 6 month time frame going forward to a future date. Place/hover the mouse pointer anywhere on a line to display the date and yield for that date. The percent to the right side is the percentage change in the yield from the chart beginning date for a particular item. You may also 'right click' on the 126 days at the chart bottom to change a 'time frame' from a drop down menu. Hopefully, the line graph also lets you view the 'yield curve' in a different fashion, for the longer duration issues, at this time. Save the page to your own device for future reference. NOTE: take a peek at the right side of this graph to find the yield swings of the past week, and for the current yields for the last business day.
For the WEEK/YTD, NAV price changes, September 23 - September 27, 2024
***** This week (Friday), FZDXX, MM yield continues to move with Fed funds/repo/SOFR rates; and ended the week at 4.7% yield. Fidelity's MM's continue to maintain decent yields, as is presumed with other vendors similar MM's. Theoretically, a new yield bottom is in place, until the next FED action. SO, one is still obtaining a decent MM yield.
--- AGG = +.02% / +4.79% (I-Shares Core bond), a benchmark, (AAA-BBB holdings)
--- MINT = +.12% / +4.52% (PIMCO Enhanced short maturity, AAA-BBB rated)
--- SHY = +.07% / +4.15% (UST 1-3 yr bills)
--- IEI = +.04% / +4.52% (UST 3-7 yr notes/bonds)
--- IEF = -.03% / +4.45% (UST 7-10 yr bonds)
--- TIP = -.01% / +4.91% (UST Tips, 3-10 yrs duration, some 20+ yr duration)
--- VTIP = +.08% / +4.96% (Vanguard Short-Term Infl-Prot Secs ETF)
--- STPZ = +.04% / +4.96% (UST, short duration TIPs bonds, PIMCO)
--- LTPZ = -.28% / +4.64 % (UST, long duration TIPs bonds, PIMCO)
--- TLT = -.31% / +2.33% (I Shares 20+ Yr UST Bond
--- EDV = -.6-% / +.93% (UST Vanguard extended duration bonds)
--- ZROZ = -.80% / -1.11% (UST., AAA, long duration zero coupon bonds, PIMCO
--- TBT = +1.02% / +1.55% (ProShares UltraShort 20+ Year Treasury (about 23 holdings)
--- TMF = -1,42% / -7.4% (Direxion Daily 20+ Yr Trsy Bull 3X ETF (about a 2x version of EDV etf)
*** Additional important bond sectors, for reference:
--- BAGIX = +.02% / +5.23% Baird Aggregate Bond Fund (active managed, plain vanilla, high quality bond fund)
--- LQD = -.17% / +5.41% (I Shares IG, corp. bonds)
--- BKLN = +.00% / +5.53% (Invesco Senior Loan, Corp. rated BB & lower)
--- HYG = +.12% / +8.17% (High Yield bonds, proxy ETF)
--- HYD = +.46%/+5.80% (VanEck HY Muni)
--- MUB = +.31% /+2.27% (I Shares, National Muni Bond)
--- EMB = -.15%/+8.47% (I Shares, USD, Emerging Markets Bond)
--- CWB = +1.67% / +7.41% (SPDR Bloomberg Convertible Securities)
--- PFF = -.09% / +11.76% (I Shares, Preferred & Income Securities)
--- FZDXX = 4.70% yield (7 day), Fidelity Premium MM fund
*** FZDXX yield was .11%, April,2022. (For reference to current date)
Comments and corrections, please.
Remain curious,
Catch

This sort of allocation fund is not something I'm interested in. But if I was, I would wonder how it fared against Devo's Replicating Portfolio machine. After all, I don't see a fund offers much if it can't beat the clone.
Winner winner, chicken dinner. Dinky linky.

Stable-Value (SV) Rates, 10/1/24
TIAA Traditional Annuity (Accumulation) Rates
Rates down by 25 bps; released early.
Restricted RC 5.00%, RA 4.75%
Flexible RCP 4.25%, SRA 4.00%, IRA-101110+ 4.25%
(TIAA Declaration Year 3/1 - 2/28)
TSP G Fund 3.875% (previous 4.000%).
https://ybbpersonalfinance.proboards.com/post/1676/thread

Update:
Symbol: NRDCX
Expenses stated in link below:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1141819/000089418924005952/ck0001141819-20240925.htm

https://www.sec.gov/Archives/edgar/data/1286087/000199937124012554/perritt-485bpos_092724.htm
Updated 9/30:
https://www.sec.gov/Archives/edgar/data/1286087/000089706924001905/497k.htm
https://www.sec.gov/Archives/edgar/data/1286087/000089706924001901/497e.htm

He has a small "fleece them" one more time window,

Let's hope that window closes in another 38 days.

Did QLEIX have a distribution today or was the drop just a gift for the weekend? Historically, it distributes in December, and I was not able to find any distribution information. M* NAV information ($15.92) is correct but M* is showing only 0.19% loss for the day, the same %age loss as yesterday.
If there is no distribution that marked the NAV down today, then QLEIX earned zero for the past 4 months. What a loss of wealth! As they say, never short a dull market.

I think I saw a guy hawking those watches inTimes Square for $9.95 a couple months ago. Probably be able to grab one for under $5 next time out. Yes, thanks @rforno for the link.

From Heather Cox Richardson today:
"Trump might also be concerned about money. After recently putting commemorative coins on the market, today he advertised Trump watches at prices from $499 to $100,000, although the fine print specified that the watches in the ad might not “be an exact representation of the final product.” "
Anyone want to guess where they might be made and what the tariff will be?
And in keeping with staying on topic also from HCR:
"But stock in Trump Media & Technology Group, the parent of his Truth Social, has been falling and is now about 82% less valuable than it was in March when it debuted. Today a new regulatory filing showed that one of the biggest investors in the company has sold more than 7.5 million shares, or about 4% of the company’s outstanding shares. Trump owns about 60%."
Info on the sale by the NYT.

He says people can't buy bacon and things they need but then begs them to please buy his chintzy stuff that they don't need. Does anybody see the logical disconnect here in MAGA-land? Oh right, it's a cult, and logic doesn't apply there. Nevermind.
Relatedly, speaking of the watches:
https://www.thebulwark.com/p/everything-you-never-wanted-to-know

From Heather Cox Richardson today:
"Trump might also be concerned about money. After recently putting commemorative coins on the market, today he advertised Trump watches at prices from $499 to $100,000, although the fine print specified that the watches in the ad might not “be an exact representation of the final product.” "
Anyone want to guess where they might be made and what the tariff will be?
And in keeping with staying on topic also from HCR:
"But stock in Trump Media & Technology Group, the parent of his Truth Social, has been falling and is now about 82% less valuable than it was in March when it debuted. Today a new regulatory filing showed that one of the biggest investors in the company has sold more than 7.5 million shares, or about 4% of the company’s outstanding shares. Trump owns about 60%."
Info on the sale by the NYT.

What are these foolish customers thinking? A one-time fraudulent deposit followed by a large withdrawal is not only traceable, but may block the account.

Speaking as someone whose career involved thinking like a criminal / terrorist / bad guy while being on the side of good, it's a sign of the times ... how much the average person DOESN'T know about the world around them or how it works. Sure, there's a ton of 'information' out there, but much of it is noise meant to distract and entertain people while generating profits for the producer/influencer.
'Check fraud' is a foreign concept b/c who under the age of 50 still uses checks? It's all Venmo, credit/debit cards, EFT, or other appified payment schemes.
Fraud is fraud, period. But the 16-day hold is more than excessive, that's for sure.

Fund Allocations (Cumulative), 8/31/24
Tiny shifts. The changes for OEFs + ETFs were based on a total AUM of about $36.96 trillion in the previous month, so +/- 1% change was about +/- $369.6 billion. Also note that these changes were from both fund inflows/outflows & price changes. #ICI #Funds #OEFs #ETFs
OEFs: Stocks 53.73%, Hybrids 5.85%, Bonds 18.01%, M-Mkt 22.40%
ETFs: Stocks 82.06%, Hybrids 0.39%, Bonds 17.54%, M-Mkt N/A
OEFs & ETFs: Stocks 61.04%, Hybrids 4.45%, Bonds 17.89%, M-Mkt 16.63%
https://ybbpersonalfinance.proboards.com/post/1672/thread