Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
I checked M* and TRP and find no evidence of of the sizeable hedge fund holding that has been the subject of discussion here. Have I missed something? At 94% reported turnover, it would make sense for it to be gone.
% of assets - No. of shares - amount Found this under holding for TMSRX.
What is it !? HUH, Derf
I learned my lesson on "black box" funds.
I followed the crowd into CTFAX and am fine with it so far. Sold the TMSRX starter kit I'd bought into a while back.
Good luck -- AJ
I used to own such bond funds as PIMIX, GIBIX, some Doubleline funds and VCORX. Now all of my bond funds are held as part of target date or balanced funds and I just look at the overall performance of those funds.
Like gramps said to charlie in Willie Wonka...sign away Charlie... what have we got to lose?
I agree MERFX is disappointing, although I have owned it for years. This recent drawdown is one of the worst ever, especially in a rising market, and I really wonder if they are out over their skis.
While this loss ( 3-4% ) pales in comparison to some of the hits other alternative funds have suffered, I wonder if it is tie to sell. MERFX was supposed to provide a quiet 1-3% return without a lot of excitement
If the recent merger blowup was responsible, they must have had a large position