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@Observant1 Don’t most TRP funds already trade NTF at Schwab?
Yes, most TRP funds are NTF at Schwab. Being a new Schwab customer, I was unaware of this at the time.
"T. Rowe Price compensates Schwab to market and promote its mutual funds; however, this compensation does not impact selection of any fund on the Select List. Schwab has a conflict because we receive compensation for marketing if you buy a fund from T. Rowe Price and we also benefit financially if you buy a Schwab-affiliated fund. This is not a recommendation."
I screened for all T. Rowe Price mutual funds available at Schwab today. Results were filtered for NTF and TF funds. There were 135 NTF funds and 8 TF funds.
T. Rowe Price Funds with Schwab Transaction Fees
PBDIX - Up to $74.95 PEXMX - Up to $74.95 PIEQX - Up to $74.95 POMIX - Up to $74.95 PREIX - Up to $74.95 PRTIX - Up to $74.95 PRULX - Up to $74.95 TLDTX - Up to $74.95
@Sven I am DIY and don’t have a Schwab advisor, only a standard Financial Consultant who was assigned to me out of one of their corporate offices. I never had any luck getting a waiver from my local office. When I asked my consultant, they connected me with a Trading Consultant out of Chicago who added the waivers to my account.
If you don't mind me asking, are these new positions or was money added to existing positions? Have you taken actions to reduce portfolio risk due to the current market environment?
Mostly new toeholds. I had gone to cash in March/April during the tariff disruption. The stock market tends to maintain a rosey outlook regardless of circumstance, and the TACO game is playing itself out.
But Mike Tyson's famous quote, "Everyone has a plan until they get punched in the mouth" gets thrown around on these forums for good reason.
I/we will be watching the futures tonight, of course. But, a bit of particular interest at IGOV (Int'l treasuries) vs various U.S. Treasury issues as IEF (10 year). This last week found, since the April Tariff Town stuff; that the strong run of IGOV vs IEF had a first weekly change. IGOV was down slightly at -.26%, with +9.8% YTD. IEF was up slightly at +.33% and +4% YTD. 'Course will be watching $USD, too. Not big news perhaps, but with remain curious in these sectors; as well as the metals and select equity sectors.
Drove up to the island for a couple hours today. Nice there. But the car’s outside thermometer was recording 99 degrees at 6 PM driving home thru Indian River. Hottest I can ever remember seeing anywhere. Not even in FLA have I ever seen it above 95!
Treasuries? I’m watching too. Some expert on Bloomberg said today they’d soar (big drop in yield) as a “safe haven”. I’m seeing a slight drop in yield, but nothing significant yet this evening.
We'un's in Arizona would like to thank y'all back in the old country for your heat dome. We've got a nice Pacific trough parked over us keeping the temps unseasonably reasonable. I don't think we broke 100f today.
I've already done my selling. Not thinking of shopping much now. Too many factors exogenous to business cycles, or business conditions, to consider. And I'm not seeing blood-in-the-streets prices yet.
WCPNX is "safe" core-plus bonds, but unsatisfying. I sold it and switched a small bit into TUHYX and the lion's share into PRCPX. I've owned them both, before. I bought into WCPNX when interest rates were expected to gradually fall. It has not happened. Mutual fund trades go through at the END of the day; I suppose I'll still grab the end-of-month dividend.
@Crash A falling interest rate(s) may be headed your way before 'the leaves of fall' are overcome by gravity.
I believe you. One of the dissatisfying items connected to WCPNX has been its repeated drop in share price, though mild--- when I see my junk bonds sitting still or rising, on the same day. I guess I'll just ride-out whatever may come.
EDIT to ADD: I will be gradually also building back a cash stash. I'm holding enough foreign stuff to suit me already. Found an East Coast utility that looks attractive. I'm wanting to hold just such an animal, which won't go away because it provides an essential service, and with a 4% dividend. A very tame beta, as well.
Sold BBBMX (ultrashort bond) and used proceeds to buy 26-week T-Bill at auction today. Associated taxes will be deferred until next year since T-Bill matures on 01/02/2026.
Bought PIMIX last week on Friday. And again today at COB. Bought shares of an INTL index fund at COB on Friday - current equity now ~58%. Bought some PFN to add to an existing position, used proceeds of some preferred stock that I sold. Still sitting on a large amount of MMF and ultrashort bonds. Total cash equivalents now at ~27%. Bond CEF/OEF at 15%. This is very conservative for me historically. I aim to get to 60/15/25 short term. Watching inflation/rates/international equities.
Comments
Being a new Schwab customer, I was unaware of this at the time.
"T. Rowe Price compensates Schwab to market and promote its mutual funds; however,
this compensation does not impact selection of any fund on the Select List.
Schwab has a conflict because we receive compensation for marketing if you buy a fund from T. Rowe Price
and we also benefit financially if you buy a Schwab-affiliated fund. This is not a recommendation."
I screened for all T. Rowe Price mutual funds available at Schwab today.
Results were filtered for NTF and TF funds.
There were 135 NTF funds and 8 TF funds.
T. Rowe Price Funds with Schwab Transaction Fees
PBDIX - Up to $74.95
PEXMX - Up to $74.95
PIEQX - Up to $74.95
POMIX - Up to $74.95
PREIX - Up to $74.95
PRTIX - Up to $74.95
PRULX - Up to $74.95
TLDTX - Up to $74.95
-PRCFX & INPFX (~50% bond allocation funds)
-FPFRX (FPA Crescent)
-PRPFX (Permanent)
-MVGAX (Global Low Volatility)
Will cost-average in this summer, so would not complain if we see some consolidation by the markets....or a recession wake-up call.
If you don't mind me asking, are these new positions or was money added to existing positions?
Have you taken actions to reduce portfolio risk due to the current market environment?
But Mike Tyson's famous quote, "Everyone has a plan until they get punched in the mouth" gets thrown around on these forums for good reason.
I look forward to the next market "test".
I agree that the stock market seems to be overly optimistic.
This last week found, since the April Tariff Town stuff; that the strong run of IGOV vs IEF had a first weekly change. IGOV was down slightly at -.26%, with +9.8% YTD. IEF was up slightly at +.33% and +4% YTD. 'Course will be watching $USD, too.
Not big news perhaps, but with remain curious in these sectors; as well as the metals and select equity sectors.
Good fortune for Monday.
Reporting from a very hot weather Michigan,
Catch
Treasuries? I’m watching too. Some expert on Bloomberg said today they’d soar (big drop in yield) as a “safe haven”. I’m seeing a slight drop in yield, but nothing significant yet this evening.
I've already done my selling. Not thinking of shopping much now. Too many factors exogenous to business cycles, or business conditions, to consider. And I'm not seeing blood-in-the-streets prices yet.
EDIT to ADD: I will be gradually also building back a cash stash. I'm holding enough foreign stuff to suit me already. Found an East Coast utility that looks attractive. I'm wanting to hold just such an animal, which won't go away because it provides an essential service, and with a 4% dividend. A very tame beta, as well.
Associated taxes will be deferred until next year since T-Bill matures on 01/02/2026.
Bought shares of an INTL index fund at COB on Friday - current equity now ~58%.
Bought some PFN to add to an existing position, used proceeds of some preferred stock that I sold. Still sitting on a large amount of MMF and ultrashort bonds.
Total cash equivalents now at ~27%. Bond CEF/OEF at 15%.
This is very conservative for me historically. I aim to get to 60/15/25 short term.
Watching inflation/rates/international equities.
This seems like a good plan.
Best of luck to you!