A Good Saturday morn'in to ya'll,
A quick one today..........
From the cash account, we purchased FINPX and added to FSAGX. A portion of DHOAX was sold and monies used to purchase APOIX. And noted in another post, we may have purchased these at the near term top. Only time will tell whether this was foolish and if we get lucky. This house still finds too much smoke in the air and looking at these new fund(s)/additions to prove positive in the future; and if not, will be a self inflicted monetary wound coming off of the high spirits of the vacation period.
Our biggest exposure area is in high yield bond funds; and shows them to now be down YTD in the - 1 to -2% area. Being cousins to the equity market has pressured this area, but the YTD numbers are still ahead of broad equity returns, and of course; providing a decent yield. IF the big market traders still pressure equities to retreat, we too; may have to unload more HY/HI funds, regardless of the yields in place with these.
Hopefully, you are able; if you choose to view the highlighted tickers here. I posted a note about this in the "tech section" as I no longer "see" the highlighted tickers in our own posts.
Ok, this is all for now.
The immediate below % of holdings are only determined by a "fund" name, NO M* this week for changes the M* breaddown is at the end of this write; and a bit more realtistic, although with flaws, too.
CASH = 8.3%
Mixed bond funds = 81.8%
Equity funds = 9.9%
-Investment grade bond funds 18.6%
-Diversified bond funds 18.5%
-HY/HI bond funds 25.8%
-Total bond funds 14.6%
-Foreign EM/debt bond funds 4.3%
-U.S./Int'l equity/speciality funds 9.9%
This is our current list: (NOTE: I have added a speciality grouping below for a few of fund types)
---High Yield/High Income Bond funds
FAGIX Fid Capital & Income
SPHIX Fid High Income
FHIIX Fed High Income
DIHYX TransAmerica HY
DHOAX Delaware HY (front load waived)
---Total Bond funds
FTBFX Fid Total
PTTRX Pimco Total
---Investment Grade Bonds
APOIX Amer. Cent. TIPS Bond
DGCIX Delaware Corp. Bd
FBNDX Fid Invest Grade
FINPX Fidelity TIPS Bond
OPBYX Oppenheimer Core Bond
FSICX Fid Strategic Income
FNMIX Fid New Markets
DPFFX Delaware Diversified
TEGBX Templeton Global (load waived)
LSBDX Loomis Sayles
---Speciality Funds (sectors or mixed allocation)
FCVSX Fidelity Convertible Securities (bond/equity mix)
FRIFX Fidelity Real Estate Income (bond/equity mix)
FSAVX Fidelity Select Auto
FFGCX Fidelity Global Commodity
FDLSX Fidelity Select Leisure
FSAGX Fidelity Select Precious Metals
RNCOX RiverNorth Core Opportunity (bond/equity)
CAMAX Cambiar Aggressive Value
FDVLX Fidelity Value
FSLVX Fidelity Lg. Cap Value
FLPSX Fidelity Low Price Stock