Barron’s Funds Quarterly (2024/Q1–April 8, 2024)
https://www.barrons.com/topics/mutual-funds-quarterly(Performance data quoted in this Supplement are for 2024/Q1 and YTD to 3/31/24)
Pg L2: SP500 is dominated by Magnificent 7 (or 5). For looking BEYOND SP500, consider LC-growth MRFOX; LC-value DAGVX, SMVLX, SPYV; LC-blend DHAMX (hedged); MC-value FSLSX, COWZ; SC-value AVUV; foreign DFJ; sector funds (with lower R^2) SGGDX, RING; FCG, XOP; URA; IAI; IYH, IHF; XLU. (By
@LewisBraham at MFO)
Pg L6: New spot-Bitcoin ETFs (IBIT, FBTC, etc) led in inflows and performance; the old GBTC trust that up-converted into ETF GBTC had huge outflows as it stuck to very high ER. Next were energy, LC-growth and Japan (it rallied after many miserable years). Inflows into money-market funds were strong. The top asset gatherer was SP500 VOO. Despite the gold rally, the gold bullion funds had outflows. (By
@LewisBraham at MFO)
Pg L?: In 2024/Q1 (SP500 +10.54%): Among general equity funds,... Among other equity funds,.... Among fixed-income funds,..(FI isn’t very refined in Lipper mutual fund categories listed in Barron’s). NOTE – Funds Quarterly online is missing almost half of its content. This quarterly review will be updated later.
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FUNDS. Uncertainties about the fed fund rates are headwinds for bonds. But they will benefit from rate cuts (maybe in June or later). Stick with short/intermediate durations for now, some credit risks with FR/BL BKLN, SRLN; dividend stocks (XLP, XLU).
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