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.
@Maurice, some newer browsers will let you selectively delete cookies. That might be a solution for you.
The wonder of add-ons: try 'Self Destructing Cookies'. Allows them for the time you're on the site, then kills them on exit, except for the si…
"We offer a Premium Membership Service for $23.95 per month, $199 per year, $339 for 2 years or $439 for 3 years. If you haven't already, you can preview Premium Membership with a free 2-week trial period."
I've been offered a significant reduction…
Agree with Dave. I didn't realize RP does commentary; haven't found any on the site.
One amusing bit from the semi-annual report, which is basically the 3-31-14 listing of holdings: RSIIX-RSIVX lists 5.2% in energy, among which is Checkers Drive-I…
Also from Barron's Income Investing blog, this piece says Japan's enormous pension fund (AUM = $1.26T) will now be allowed to invest more in foreign securities, and will prob'ly become a more significant source of demand for U.S. Treasuries, also he…
"I'm considering moving on, it appears I've outlived my usefulness."
Actually, Ted, you'd be more useful to the board if you did as David asks.
See IE's post; that's what David's asking for, some substance to explain why a particular article is w…
Well put, expatsp ... yep, that angle too.
BK did very well vs. the category in 2008 and Q3 '11, and anything David can tease out about how he accomplished that then, and how he is managing the new fund today to limit the downside, would be welcom…
Hi David, thanks for asking. Maybe ask Bryan Krug what his strategy for the near future of ARTFX is, given that the HY spread continues to sink (~3.5) toward the record low shown in FRED data (~2.5). Best, AJ
Scott: " ... when I saw the title of the thread, that's the only thing I thought it could be."
Same here - I went to the link to see what he had to say about it, and it's about some coins umpteen years ago? Really, Bill?
Scott, you nailed it. Kiplinger's, 2008:
"But Nygren's largest blunder by far was his heavy investment in Washington Mutual (WM), the country's largest thrift. At one point, WaMu represented a towering 15% position in Select's portfolio. The Seattl…
Charles: "I don't see much in way of downside protection to justify the ER, so he's benefiting from the bull market."
That's the reason, as tempting as SMVLX is when things are on a roll, that I've never put any $ into it.
The WSJ fund pages use the same data layout as the now-defunct Smartmoney did; that's the only place I've found that uses the old SM structure. (May be others, but I'm not aware of any.) Marketwatch uses Lipper data, but it's still structured like t…
Hope they plan to tweak the fund strategy; a 3y return of less than 1% annual is probably not going to attract a ton of investors, whether it's under the AdvisorShares banner or Cambria on its own.
Yes, there is quite a bit of material on FF divestment & fiduciary duty, and at least some of the ~ 95 institutions that have already pledged to divest per the campaign parameters specifically state that investment committees are to continue to …
... any wisdom or insight you might be able to share regarding ESG or SRI issues in investing and related funds would be very appreciated.
JLev
JLev, not quite sure what you're looking for, but if you're interested in a list of FF-free funds, etf'…
That chart is one for the ages.
I think I'm recalling right that Consuelo Mack never asked Andrew L. about his record on the alt strategy he was touting during the May 2 WealthTrack program.
Caught Chuck A.'s WealthTrack interview on PBS; first time I've seen/heard him in action.
I think a key takeaway is that there's a significant amount of judgment in his (extremely successful) process, and that may not be transferable once Chuck han…
Hi Brightorange, first thing to do, if you haven't already, is to have a look at what they're doing inside the fund, HERE on the DoubleLine web site, under 'Investment Philosophy.' It's for sure interesting, but it's got nothing at all to do with JG…
Meanwhile at Pimco Daniel Ivascyn's funds (PIMIX, PDI) continue to knock the ball out of the park. I guess you've got to choose a manager more than a shop.
IMHO, the Ivascyn funds are about all that's left worth investing in at Pimco. Unfortunately …
Crash, just fyi, those reports are copyrighted material, and David would not likely be happy to see them cut and pasted on this site.
TRP used to occasionally sponsor periods of time (a couple of weeks or so) when M*'s reports on TRP funds were fr…
Thanks for the heads-up, bee. GLFOX is really interesting. I didn't realize the range of approaches infrastructure funds use. There was an article from WSJ in Feb (which quotes David, by the way) with a survey of i-funds. (It came up in full for me …
This house is 45%, up from 35% last year on valuation. About a third of the 45% is U.S.-dollar hedged. I like the company, country, and culture diversification a lot; the currency risk, not as much.
LLJB, I think I'm going to be happy with just GPROX from the GP stable. I'm trying to keep myself from slicing and dicing the investment universe very much, without using index funds, and a good, broad, actively managed global small cap is just what…
Thanks, Chinfist, the HL site makes much more sense. Had a minor brain seizure there, trusting M* data without verifying. I suppose M* took the top 10 and calculated the %s like they're the whole portfolio.
Looks like a decent fund.
HLMOX, the Harding Loevner FM fund, has a grand total of 10 stocks in the portfolio, position sizes ranging from (in round numbers) 8-13% of the port, and only about half large-caps. Yikes for risk (and liquidity?).
Anyone own any of the funds sh…
As discussed previously here, the 'hard close' on GPGOX and GPIOX has two exceptions, as explained in this footnote on the main page for each fund:
"Closed to all investors, except existing investors with an established automatic investment plan an…
Fidelity and other brokerages waive the loads on some funds' A shares.
What are the most common ways to get access to load funds without having to pay the load?
Don't know the fund, so no specific opinion, but I'd suggest looking around for possible replacements in the moderate allocation category (since that's what RNCOX is, not a stock fund comparable to the S&P 500) and comparing return:risk data. Th…
Hi Mitchel, I'd give a thumbs-up to the Pax fund (PGRNX, PGRGX) as the best of the options in the pure category.
I don't think it's a bad investment, just that returns in the category have been really streaky up to now; but the category's been on …
Pimco has a fairly new, tactical, multi-asset real return fund, PIRMX (but no stocks aside from REITs), launched 2011. Their other commodity & real return funds are pretty decent, so it may be worth a look if one of the several share classes wor…
I agree with Scott; Pimco's foray into stocks is not going very well.
Scott, are you still holding PMHIX? I sold recently; started looking to me like the long-long-long-long-short strategy * in riskier stocks might not do so well ahead, so moved t…
DLTNX/DBLTX is a mortgage fund; DLFNX/DBLFX is a core-plus fund.
On Pimco TR, BOND has almost doubled PTTRX's return YTD; Gross's ETF is again way outperforming the OEF, as it has for most of the time since BOND launched.
I think Vanguard's new, actively managed, global minimum volatility fund VMVFX looks promising. They've got a 20% allocation to it in the managed payout fund VPGDX.
Appears they didn't only change the manager, but the entire premise of the fund, from mortgages to core-plus. This may not be a statement about Pimco overall, but about who Columbia wanted to run a core-plus bond fund.
I agree that RSIVX and OSTIX ought to be categorized the same, but I'd point out that M* is following the process as described, which is to place new funds based on prospectus, and funds with a track record according to holdings. The RSIVX prospectu…
