Thanks stayCalm! Good catch. The variable name for Alpha Ratings was updated recently for consistency, which messed-up the search. I've added a month to your subscription for the hassle and the feedback. If you see anything else, or have suggestions for improvement, please reach back. Below is result using the Alpha Rating along with couple others ...

hank said, Don’t bet the farm on any particular point. Conventional wisdom.

I concur. Now that majority of rate hike is behind us, there may be some short term trading opportunities in bonds. The bigger opportunities are the long bonds when recession arrives and the Fed will cut rates.
The falling commodity prices from Bilelllo make sense as the economy is slowing (less demand). I moved on most of my commodity positions this year that yielded a modest gain. Precious metals moved up in recent weeks as the coming recession is realized. The inverted treasury yield curve remains and the spreads between 2mo-, 3mo-, and 6mo-10 yr have increased. The 10 yr yield keeps falling and it reached 3.48% as of 3/31/23.
Labor data is coming next week.
https://bls.gov/schedule/2023/04_sched.htm
Tech stocks are moving up as if the Fed will pause and pivot this summer. IMHO it is a forgone conclusion that the Fed will cut rate this year unless we enter a bad recession. Still there are several possible scenarios that have yet to play out.
In the meantime, I keep reading and positing myself defensively if and when the recession arrives.

An interesting take on the new Restrict Act opening a back door way of digital surveillance and prevent tech mergers https://salon.com/2023/04/02/patriot-act-on-steroids-left-and-right-unite-against-fear-mongering-tiktok-ban/
An excerpt:

That doesn't appear to square with the actual language of the bill. Although most of its legislative language is clearly geared toward controlling corporate mergers — and giving the president a new tool that can force a foreign company to divest itself of U.S. interests — there's no specific provision that protects individual users of banned websites or software. Instead, it would give an appointed presidential committee the power to make new rules and enforce them, with little oversight.
How could those new powers pose a threat to individual users? First, there's a real possibility that, according to the current version, an individual user could face criminal charges for downloading or accessing banned content, such as through the use of a virtual private network. Depending on the appetite for enforcement, the penalties could include up to 20 years in prison for using a VPN to access a banned site — and, in some interpretations, up to $1,000,000 in fines.
Another threat is the lack of transparency and accountability the bill grants the appointed committee that would decide which apps to ban. The lack of judicial review and reliance on Patriot Act-like surveillance powers could open the door to unjustified targeting of individuals or groups….
….Across its 55 pages, the Restrict Act offers a lot of winding, tricky language with room for broad interpretation. Concerns are emerging about how the bill could threaten civil liberties and First Amendment rights, especially considering its vague language, lack of oversight for sweeping new executive (not elected) authorities, and the secretive nature of the FISA courts, which rule on a range of intelligence and surveillance cases.

+1.

March 31, '23.
Christine Benz is a longtime Morningstar personality. She's back with her bucket approach for retirement portfolio construction. It's never been a strategy I could ever hope to actually employ. And if I had the wherewithal, I find it to be just plain too complicated, anyhow. But have a listen, if you'd like:
https://wealthtrack.com/build-a-better-more-resilient-retirement-portfolio-with-morningstars-christine-benz/

Christine Benz has long recommended bucketing strategies for retirees.
She often credits Harold Evensky for developing this strategy.
Mr. Evensky's implementation utilizes 2 buckets while Ms. Benz uses 3 buckets.
Certain investors may find bucketing to be a helpful mental construct
which allows them to stay the course during market disruptions.
For those investors, bucketing can be immensely beneficial.
This strategy is unnecessary if an investor has a properly constructed portfolio
and a well-balanced temperament.
.

Reality check - How many of your current holdings (aside from cash) did you possess …
- 20 years ago?
- 25 years ago?
- 30 years ago?
None of mine date back 25 years (1998 or earlier). But three go back over 20 years. Two are multi-asset funds (10% of portfolio each). The third is a balanced fund (5-7% of portfolio).

I think a lack of discipline or psychology plays a role in selling a 30-year TIPS before maturity, but that characterization puts the reason for selling completely on the investor's shoulders as some sort of moral or psychic failing. A lot can happen to one's finances in 30 years that may have nothing to do with discipline and everything to do with unavoidable liquidity needs. I've seen some market commentators point out that if you just bought and held onto stocks through the Great Depression you would've done fabulously. Meanwhile unemployment peaked at 25% in 1933. Many people in such circumstances were understandably afraid and sold after an 89% decline in the Dow from peak to trough, but just as many I imagine had no choice but to sell to stay alive back then. Discipline or a lack of it has nothing to do with selling for unemployed people who have to pay their bills. That is is the unseen personal 30-year risk in holding such a long-term bond. Today, I would think unforseen health risks, might be a more likely reason for selling before maturity, as uncovered medical bills are still a large cause of bankruptcy in the U.S. But recessions, job loss, and selling of securities do tend to go hand in hand.
I would add just from a market history perspective, that leverage plays a really terrible role in the above recession/depression scenario. A recession hits, people lose their jobs, stocks fall and suddenly investors are getting margin calls on their leveraged bets which they can't pay because they're out of work. That forces them to sell their securities even if they want to hold on for a recovery. Worse, when they sell, that puts further downward pressure on the market and more people who consequently get margin calls. Selling begets selling and you end up in a weird kind of death spiral caused by leverage. My impression is margin levels were really high and easy to get prior to the Great Depression. And we saw just what happened with leverage in the 2008 crash. And now we see what happened with SVB, and seemingly safe Treasury bonds. This is why the FDIC exists, and they label banks too big to fail, although I think there are other ways of addressing these problems that benefit the public more and banks less.

Retail investors may not have the fortitude to hang on to 30-yr TIPS. But IMO, holding 5-yr TIPS to maturity and rolling them over (and laddering) should work fine too to approximately capture the CPI. The real-yields (TIPS yields) have been in +/- 2% range most of the time (FRED charts go back to 2003 although TIPS started a few years back in late-1990s), so it isn't as if the investors would miss the boat on locking high real-rates. BTW, the current real yields are 5-yr 1.20%, 10-yr 1.16%, 30-yr 1.44%.
https://fred.stlouisfed.org/graph/?g=1264R
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_real_yield_curve&field_tdr_date_value=2023

You'e not missing anything. In order to invest competently, you need 4 skills/proclivities:
1) The horsepower to do the math.
2) An interest in the subject.
3) The knowledge base (historical returns, a working grasp of the finance literature)
4) The discipline to stay the course in the worst of times, so as not to interrupt compounding.
Lack any one of them and you're screwed. What percent of the population do you think has all 4 of the above?

Nice exchange. Thanks gentlemen. I’ve mostly avoided TIPs because I find them difficult to understand / analyze. Thats’s admittedly a stain on me rather than the product or its proponents. However, I have two possibly related thoughts: (1) Any investing approach recommended to the public should also take into account the relatively short time-span adhered to by most retail investors (“the public”) today. One may argue the merits, but such is greatly encouraged and facilitated by modern technology, 24-hour connectivity, no-cost / low-cost trading platforms, etc. If I understand the 30-year TIPS concept correctly, it’s intended as a long term “buy and hold” strategy. (2) Per my previous point, investor psychology would seem to be the unseen elephant in the room here. Would those who bought into the approach have the necessary “staying power” during tough times to see it through to fruition? Most I fear would not.
Apologies if I’m missing something and the laudable goal of the concept advanced is fundamentally to promote long-term investing. To that I say good luck. / George Bernard Shaw (RFK) - “Some men see things as they are …”

All ratings have been updated on MFO Premium site through March. Tools include MultiSearch, Great Owls, Fund Alarm (Three Alarm and Honor Roll), Averages, Dashboard of Profiled Funds, Dashboard of Launch Alerts, Portfolios, Quick Search, Fund Family Scorecard. The site now includes several analytics, including Charts, Compare, Correlation, Rolling Averages, Trend, Ferguson Metrics, Calendar Year and Period Performance.
Since Friday was last day of month, Lipper's Saturday morning data drop enables us to get early view. Usually, a few funds are dropped because their monthly performance numbers get delayed. But, should be close for 1st quarter review.
Beginning soon, updates will be each weekend, reflecting performance through Friday ... for most funds anyway.

Good read. Don’t bet the farm on any particular point. Conventional wisdom. Wish the 10-year would get back up above 4% where I’d plunk a portion of cash back into GNMA. Just a hunch that that’s a more profitable (in & out) trade than at the current rate around 3.5%. Yes, short term rates have fallen dramatically in recent weeks.
The insights into falling commodity prices are of interest (although precious metals / miners have surged this year). Suspect the commodity downturn is normal after a very heady period. Should level off. Checking 3 commodity related funds I’ve owned in the past (but no longer own) …
1-Year Return … 3-Year Annualized
PRAFX -11% …….… +19%
PRNEX - 2% ……..… +26%
BRCAX - 8% ……..…. +22%
*Numbers (rounded) from MarketWatch

That would correspond with the two emails I got from Fidelity 11:45PM Friday evening:
(1) FCONX has closed to new investors
(2) FCRDX has closed to new investors
FCRDX shares were likely moved to FMNDX.
Fidelity's web page(s) may be a little slow in making changes, but the filings have been updated (and are available on the website).

Fidelity® Conservative Income Bond Fund/FCNVX
In this summary prospectus, the term “shares” (as it relates to the fund) means the class of shares offered through this summary prospectus.
Fidelity® Conservative Income Bond Fund, a class of shares of the fund, was formerly known as Institutional Class.
Summary Prospectus
October 29, 2022
As Revised April 1, 2023
...
There is no purchase minimum for shares of the fund offered in this prospectus.

Summary Prospectus
With a pretty flat short term yield curve and rates still rising, I haven't paid much attention to this fund (SEC 30 day yield 4.60% after waivers), preferring MMFs like FZDXX (SEC 7 day yield4.66% after waivers). Given that you have under $100 in the fund, it looks like you concur.

A Fido email came on trades when I didn't do any.
On a/c login, I found that Ultra-ST FCONX (formerly, Investor class) was auto-converted into FCNVX (formerly, Institutional class). Fido website doesn't even recognize FCONX ticker now, while other sites still do. Fido FCNVX info isn't updated either as it still shows $1M minimum - that of course isn't true anymore as my current balance is UNDER $100.00.
I was surprised by this sudden change for which there was no prior notification.
FCONX was among the rare Fido funds to which frequent-trading didn't apply. I checked that remains valid for FCNVX.
Another good change was that the new ER for FCNVX is just 25 bps.
https://fundresearch.fidelity.com/mutual-funds/summary/316146521

Great article that summarizes David Giruox’s many interviews he gave in last several years. In light of this large asset base ($47.4) fund, he manages to move and to execute very well in his portfolio in order to deliver this remarkable results over the tenure as the fund manager.
Giruox also written on a book on “Capital allocation” and is available at Amazon that describes how companies can execute successfully in their business.
https://amazon.com/Capital-Allocation-Principles-Strategies-Shareholder/dp/1264270062

@Observant1, thank you so much for sharing Bilello’s blog and video, which will undoubtedly benefit this board.

March 31, '23.
Christine Benz is a longtime Morningstar personality. She's back with her bucket approach for retirement portfolio construction. It's never been a strategy I could ever hope to actually employ. And if I had the wherewithal, I find it to be just plain too complicated, anyhow. But have a listen, if you'd like:
https://wealthtrack.com/build-a-better-more-resilient-retirement-portfolio-with-morningstars-christine-benz/

31 March, '23:

+1.
Thanks, AndyJ.

I left an old 401(k) with the original provider who morphed into VOYA. I almost rolled over the money but in 20008 the advisor told me "You know the SV fund in your account has a lifetime guarantee of 4%
So I left it and it looked great until recently. Unfortunately he didn't tell me that they also offered PRCWX and it is still open to these account holders.
Now I have a real dilemma. If I sell the SV I loose that guarantee. New money in the SV gets what ever the prevailing rate is and it floats