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No changes here. I've already conservatized the mix to where I'm comfy for the time being. If I had any funds with a lot in long or intermediate T's, I'd be thinking about reducing now, as much for the recent run as for the debt scare.
If the new …
Good for you, John; I think I remember you put more $ into munis while they were down so far? Boy they've recovered fast; wish I had put more into intermediates earlier.
I think M* calls it m-s because of the foreign holdings, which are extra 'sectors' the way they look at funds. Agdyx has been low quality forever - which is what high yield is - B right now, well into non-investment-grade territory. See the charts t…
That's right at 8% projected annual dividend yield, or about what you'd expect for a high-yield fund. It's probably had a good 2-year total return run, eh?
Like the article says, Pimco doesn't split out treasuries as a separate category in its monthly allocation reports, so the only place I know where a manager could comment on them (or any sub-category) would be the quarterly strategy report - and tho…
Yeah, the interest on the loan to the co-op will almost cover what we spend there! We buy ~ 99% of the food we prepare at home there, and maybe 75% of the $ we spend eating out goes there too, to the deli. Plus,it's the center of our social circle. …
Global energy efficiency and related: Srigx, Gabelli Green, a tee-tee-tiny position I plan to beef up on dips/corrections. I tried individual stocks for a while on this theme, but gave up on ever knowing enough to be able to pick a small number with…
Thanks - hadn't caught that Strategic was majority owner of JM, so you get all the diversity of JM plus some more. I'm not investing in individual stocks these days except for diversified conglomerates, and the Jardines look like they meet that test…
Hmm. I dunno about funds held directly with fund companies; don't think I've made a sale like that yet, i.e., both purchased & sold in 2011 so subject to the new rule. Might be that some companies are on top of it & others aren't ....
When I've sold at Vanguard this year, the data screen where I tell the computer what asset and how many shares I'm selling requires me to choose FIFO or specific share id. Simple.
Roughly tied between Harbor Bond, Vanguard GNMA, and Manning & Napier Conservative Blend. Largest pure stock fund holdings, again roughly tied for first place, are Parnassus Eq Inc, Matthews Asia Dividend, and Artisan Int'l Value.
I'm curious w…
Lynda, just fyi, there are two mostly-U.S. Amana funds, one's large growth, the other large value. If you own or have been looking at Amana Growth, a large value fund isn't a substitute. Amana Income is the value fund.
For those who can scrape together $25k, the institutional shares (Pauix) are open for bid'ness at Vanguard at 0.98% E.R. Lots of other Pimco funds are there for the same minimum,with similar reductions from the investor shares E.R.s.
Investor, the data on Treynor and Sortino ratios showed up during April, so probably what you're seeing with the blank data slots now is the monthly re-computation when the info is briefly missing, like there has been in the past with Sharpes, etc. …
Great stuff, David. As always, it's both entertaining and muy informative ....
I appreciate in particular the attention given to the Amana/Sextant funds. I've always wondered this about Ssifx, Sextant International: Given that he's never had less t…
The only advice I'd have to offer is to be sure you know what you're getting. M* calls it a world allocation fund, but it's a somewhat different animal from most funds plunked into that category in that, as other posters are saying, it's really a bo…
Tom, if you have or want to have a brokerage account, my EM roll-your-own stock/bond blend is equal parts DEM and ELD, the WisdomTree equity income and local debt ETFs. Both are generally higher quality, & therefore lower volatility and risk tha…
Hey Max,
I'm mostly in ELD (see Mitchelg's note above) but still have some Premx. I think I'll keep it for a while anyway, so my Price account has enough $ in it to establish a meaningful position in a really volatile holding (like Prlax) if/when i…
Grantham is actually looking for a (probably) brief but potentially significant pullback in many commodity prices over the next year or so due to a slowdown in China's fueled-by-steroids consumption and the sheer probability of somewhat better ag we…
I read a while back, but have seen nothing lately on it, that the lawsuit is about Gundlach's making off with a bunch of information TCW considered proprietary, and it isn't settled yet. I have no idea whether that's something to be concerned about …
Favorites at TRP: several of the bond funds (Prwbx, Prcix, Prsnx, Rpsix, Premx) and Pridx, International Discovery, foreign small-mid growth stock. I like the composition of, but have never owned, two of their blend funds -- Prsix, Personal Strat In…
Re: the Price fund -- the next 6-12 months will be the acid test for Mr. Ellenbogen. Prnhx has shot out the lights since the bust, but the P/E's in the stratosphere and there's really no place to run for an $8 billion small cap fund when the next do…
Hi Mike, I was thinking of a fund that has substantially the same latitude as Hstrx and actually uses it - ~75% diversified U.S. bonds (not just T's as he actually does), ~25% foreign currencies & bonds & utilities/PM stocks (bumping up towa…
While I don't hold any of his funds, I find it amazing that so many people think he runs only one fund, Hsgfx. Hstrx (Huss Strategic Total Return) is his hybrid bond fund, a more direct competitor to funds like Prpfx, and a far better fund overall. …
I second David on Scout Int'l Discovery Umbdx (high ER, but very low level of assets, all-cap, & has beaten its older sibling Scout Int'l Umbwx handily since inception), Rono on Matthews (Mapix since Macsx is closed), and Greg on the Vanguard-FT…
Scott, what I'm going for as a test position is CCX, their commodity currency fund, which includes Oz, Canada, and Norway in its universe, so not just EM. It's actively managed, according to the prospectus, with a duration of 90 days or less. I want…
My thought starting this thread was that a tipping point's coming that will change these low volatility times - could be the debt ceiling or the debate around it or concessions made to pass a new ceiling, the end of QE, corporate profits taking a di…
Anonymous Guest 5:10 PM, the original question IS about mutual funds. Please read it again. Thanks.
Thanks in addition for the "stick with your asset allocation" thought, but also please notice the question was prefaced with the phrase "assuming a …
If you have access to Pimco, you could get into Anne G.'s new Pathfinder fund, or El-Erian et al.'s Global Multi-Asset. (Vanguard brokerage, e.g., has the cheaper inst'l shares for $25k minimum.)
The fund stats for month end are T's -3, mortgage 28, inv. grade corporate 18, hi yld corporate 6, foreign 16, munis 4, cash 31.
Makes me wonder why I still have some Unconstrained Haubx in the portfolio. Total Return in some ways seems less 'const…
I just put CCX on my watchlist; it's a WisdomTree ETF that invests in currencies of commodity-producing countries. Might be worth a look - I've been very happy with other forays into the W'Tree lineup.
I've got $ only in Art. Int. Value (Artkx) with the shop, so it should be pretty easy to tell if they go craven on their longer-term shareholders: if they reopen Artkx and let the assets pile up well beyond where they've closed it before, say $5-6 b…
