That is lot of 3-yr TIPS on the secondary market. The shortest maturity at auctions is 5-yr TIPS and several posters have been mentioning those for a while; these are to be held to maturity.

That profile rang a bell. As I recall, what used to be Buffalo Science and Technology Fund (BUFTX) had a similar profile. Though in its newer incarnation (Discovery) it's a more typical MCG fund.
I did a very quick M* search for tech (40%+) and healthcare (20%+) and came up with 23 funds heavy in these two sectors. Some results (keep in mind this is a very superficial screen):
ICTEX: tech 49%, healthcare 51% (tech fund)
RSIFX: tech 55%, healthcare 32% (tech fund)
USSCX: tech 57%, healthcare 27% (tech fund)
PVIVX: tech 47%, healthcare 29% (SC blend)
ARTSX: tech 45%, healthcare 33% (SC growth)

Off to a good start in 2023, but arguably one of the very worst SCG funds over the past 5 years.
Period: % in Category
1-yr: 92%
3-yr: 99%
5-yr: 95%

Brokered CD rates may be up because many banks find it easier and cheaper to raise funds via brokered CDs (although the FDIC is watching) than through the new Fed BTFP facility and the old Fed Discount Window - those seem to have stabilized (see below from Twitter LINK).
Many banks also offer unusual 11-mo, or 13-mo CDs as those one-time deals may not show up on industry wide 12-mo, 18-mo, 24-mo offering data.

Lots of CDs at Schwab are now paying 5%. I suspect some of this may be due to the reducing fear of bank closures. I am expecting rates to go a bit higher before the end of April.

@MSF. thanks for your thoughts. The AEI is not on my reading list. My take on denialism is simply that here and on other boards the very possibility of default is hardly discussed, not that it wouldn’t be horrible. I guess as Martha Reeves would say” nowhere to run to baby, no where to hide.” And that was in 1965.

The only solution I see is if 5 or so Republicans who were elected from blue districts cross over to vote with Dems to raise the ceiling… There has been some quiet discussion of this happening
Discussion may have been quiet, but a proposal that would suspend the debt ceiling until the end of the year and includes additional work was announced yesterday by the Problem Solvers Caucus.
https://problemsolverscaucus.house.gov/media/press-releases/problem-solvers-caucus-endorses-bipartisan-debt-ceiling-framework
As I understand how this group (evenly divided between Democrats and Republicans) functions, all members commit "to vote for anything that’s endorsed by 75 percent of their caucus". That currently includes 31 House Republicans, well above the 5 or so needed.
That's likely why the press release states that their proposal "has the support of more than 75% of Problem Solvers Caucus members".

Default denialism as generally used is the idea that a default wouldn't be harmful. It was discussed to death in 2011 and 2013, e.g.
American Enterprise Institute - The Foolish Idea of Default Denialism - "A craze is sweeping the nation, the idea that failing to raise the debt limit would not be an abomination." (2013). Also cited by Barry Ritzholtz.
The lack of responses to your question "where to hide?" is not necessarily due to people viewing a default as a highly improbable hypothetical (even hypotheticals can be useful to consider). Rather you may be getting few responses because IMHO there are no good answers.
As sma3 expressed, the potential consequences are so extreme that they would either be (if possible) reversed immediately or your question about where to keep investments would become the least of your worries.
@sven - your links lead right back to your post (message 60984 in this thread). While it is true that the stock market fell following the S&P downgrade in 2011, the Treasury bond market rallied.
NPR - Developing: In Wake Of S&P Downgrade, U.S. Stocks Tumble (Aug 8, 2011)

Update at 12:57 p.m. ET. Treasury Bonds Rally:
The Wall Street Journal reports that despite the S&P downgrade, Treasury bonds are still selling briskly and the 10-year yield has fallen o the lowest level since October:

The price move underlines the dilemma confronting investors varying from the Chinese central bank to pension funds—there are few alternative safe-haven assets out there that can match the depth and liquidity of the Treasury market, with over $9.3 trillion in debt outstanding.

As observed in the AEI piece cited above, the bond market fell as actual default neared. But not as a result of any ratings agency actions.

https://www.sec.gov/Archives/edgar/data/869351/000183988223010046/small-497_042023.htm
497 1 small-497_042023.htm SUPPLEMENT DATED APRIL 20, 2023
BROWN CAPITAL MANAGEMENT MUTUAL FUNDS
The Brown Capital Management Small Company Fund
BCSIX - Investor Shares
BCSSX - Institutional Shares
Supplement dated April 20, 2023 to The Brown Capital Management Small Company Fund’s Summary Prospectuses, Prospectuses and Statement of Additional Information all dated August 1, 2022
This Supplement is to give notice that effective May 1, 2023, The Brown Capital Management Small Company Fund will be re-opened to new investors. Accordingly, the section of the Prospectuses and Summary Prospectuses titled “Special Note Regarding The Brown Capital Management Small Company Fund” is hereby removed from the Prospectuses and the Summary Prospectuses of the Fund. Shares of The Brown Capital Management Small Company Fund may be purchased as described in the Fund’s current Prospectuses, Summary Prospectuses and Statement of Additional Information.
For additional information concerning how to purchase Shares of The Brown Capital Management Small Company Fund, please call the Fund toll-free at 1.877.892.4BCM.
Brown Capital Management Mutual Funds
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

The only solution I see is if 5 or so Republicans who were elected from blue districts cross over to vote with Dems to raise the ceiling… There has been some quiet discussion of this happening. Those folks won’t get re-elected if there is a default so it’s the most likely scenario

VASFX up 0.5% Total in 8 years
I looked at this several times as a alternative/ macro hedge. Never seemed to figure itself out.
similar story to Market Neutral. If you are a hot gunslinging cowgirl or cowboy and really good at this stuff, who wants to have to tell your date you work at Vanguard!

For my kids 529 funds, I rebalance them every 3 years to reduce stock allocation. A year or two before tuition bills are due they were moved to money market funds. Rules on 529 funds are highly restrictive; used to be ONE change per year and now is TWICE.
Our other accounts are more actively managed, especially in the last decade.

This started last evening when 1 of my 2 tracking apps sent out a message from the administrator that they were unable to obtain day-end prices from Yahoo, but that we could go into settings and change our price source to Google. I did that with a couple holdings but didn’t resolve issue. Both of my main tracking apps and also some free online services are still showing varying prices and performance for identical funds this morning.
Anybody else encounter issues with yesterday’s quotes? PRPFX is the one I’ve worked on. One tracker has it $47.98, a 5 cent gain. The other says $48.09, a 16 cent gain. MSN Money (Bing) shows currently $47.93, with no reference to the last daily move. If just that 1 fund, I wouldn’t mind. But several others are affected.
Added later - CNBC is at 47.93 (PRPFX) which agrees with MSN Money, but neither tracking app. M* also says 47.93 and down 0.33%. And Google now has $47.93. Looks like both of my tracking apps are screwed up.

AAII Sentiment Survey, 4/19/23
For the week ending on 4/19/23, neutral remained the top sentiment (37.7%; above average) & bullish remained the bottom sentiment (27.2%; below average); bearish remained the middle sentiment (35.1%; above average); Bull-Bear Spread was -7.9% (below average). Investor concerns: Inflation (moderating but high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (60+ weeks, 2/24/22- ); geopolitical. For the Survey week (Th-Wed), stocks were up, bonds down, oil down sharply, gold down, dollar up. An unusually high 1m-3m T-Bill spread points to some liquidity issue developing. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/post/1016/thread

There was a related filing earlier on 3/20/23 on multi-asset VPGDX merger into moderate-allocation (fund of index funds) VSMGX that also outlined these steps: Liquidation of VG Alternative Strategies on/around 4/19/23, distribution of any related CGs, and then the completion of VPGDX + VSMGX merger by 5/19/23.
https://www.sec.gov/Archives/edgar/data/736054/000168386323002318/f24738d1.htm

update:
https://www.sec.gov/Archives/edgar/data/313850/000168386323003487/f25414d1.htm
497 1 f25414d1.htm VANGUARD ALTERNATIVE STRATEGIES FUND LIQUIDATION
 
Vanguard Alternative Strategies Fund
Supplement Dated April 19, 2023, to the Prospectus and Summary Prospectus Dated February 27, 2023
Important Changes to Vanguard Alternative Strategies Fund (the Fund)
 
On February 14, 2023, the board of trustees of the Fund approved a proposal to liquidate and dissolve the Fund. Effective as of the close of business on April 19, 2023, the liquidation is complete.
In connection with the liquidation, shareholders may receive proceeds that are taxable. Any liquidation proceeds paid to shareholders should generally be treated as received in exchange for their shares and will therefore generally give rise to a capital gain or loss, depending on their basis in the shares. Shareholders should consult their own tax advisors about any tax liability resulting from the receipt of liquidation proceeds.
 
© 2023 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.PS 1298B 042023
Vanguard Trustees' Equity Fund
Supplement Dated April 19, 2023, to the Statement of Additional Information Dated February 27, 2023
Important Changes to Vanguard Alternative Strategies Fund (the Fund)
On February 14, 2023, the board of trustees of the Fund approved a proposal to liquidate and dissolve the Fund. Effective as of the close of business on April 19, 2023, the liquidation is complete.
In connection with the liquidation, shareholders may receive proceeds that are taxable. Any liquidation proceeds paid to shareholders should generally be treated as received in exchange for their shares and will therefore generally give rise to a capital gain or loss, depending on their basis in the shares. Shareholders should consult their own tax advisors about any tax liability resulting from the receipt of liquidation proceeds.
Any references to the Fund in this Statement of Additional Information are hereby deleted.
© 2023 The Vanguard Group, Inc. All rights reserved.
SAI 046C 042023
Vanguard Marketing Corporation, Distributor.

I saw that article. Worth noting is that the method of reinvesting divs was different from what funds do. He reinvesting divs into the stocks generating those divs (computing total returns for each holding), while a fund or index (I presume) reinvests divs regardless of their source by prorating across all holdings.
For buy and hold (and for beating the S&P 500 over the past three decades), see LEXCX.

Funny, given the other thread on indexing: https://morningstar.com/articles/1150002/the-portfolio-that-beat-the-sp-500-over-the-past-three-decades If only we were a little lazier and could leave things well enough alone.

https://www.sec.gov/Archives/edgar/data/1558107/000139834423007449/fp0083272-1_497.htm
497 1 fp0083272-1_497.htm
ALPS SERIES TRUST
Polen DDJ Opportunistic High Yield Fund
(the “Fund”)
Supplement dated April 19, 2023 to the
Prospectus and Statement of Additional Information,
each dated January 27, 2023, as supplemented
On February 16, 2023, the Board of Trustees (the “Board”) of ALPS Series Trust (the “Trust”), based upon the recommendation of Polen Capital Credit, LLC, the investment adviser to the Fund, approved the proposed reorganization of the Fund into a correspondingly named series of FundVantage Trust (the “New Fund”), subject to the approval of the shareholders of the existing Fund (the “Reorganization”).
The Board also approved an Agreement and Plan of Reorganization (the “Plan”) that provides that the existing Fund will assign all of its assets to the New Fund, in exchange solely for (1) the number of the New Fund shares equivalent in value to shares of the existing Fund outstanding immediately prior to the closing date of the Reorganization, and (2) the New Fund’s assumption of all of the existing Fund’s liabilities, followed by a distribution of those shares to such existing Fund’s shareholders so that the existing Fund’s shareholders receive shares of the New Fund equivalent in value to the shares of the existing Fund held by such shareholder on the closing date of the Reorganization. The Reorganization is intended to qualify as a tax-free reorganization for federal income tax purposes.
The Trust will hold a shareholder meeting on July 5, 2023, as may be adjourned, at which shareholders of the existing Fund as of April 11, 2023 will be asked to consider and vote on the Plan. If shareholders of the Fund approve the Reorganization, the Reorganization is expected to take effect on or around July 24, 2023.
Shareholders of the existing Fund will receive a combined prospectus/proxy statement with additional information about the shareholders meeting, the Reorganization, and the New Fund. Please read these materials carefully, as they will contain a more detailed description of the Reorganization.
Please retain this supplement with your Prospectus and
Statement of Additional Information.