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Along with MRFOX, my new Schwab Employer sponsored brokerage account allowed for TRAIX (TRowe Price Capital Appreciation) purchase - I could not believe that the transaction went through. Also bought a spot of MAFAX.
Schwab has some good mutual …
@msf,
The 2.62% ER I mentioned is the Net Expenses stated in the Annual Fund Operating Expenses table at the fund site I linked. I do not see the 1.72% you mention at that link. If that is the Adjusted ER, that is fine. I have no desire to debat…
I lost count of how many times this forum has discussed PVCMX as an Absolute Returns fund. E.g., You can search David Snowball’s posts on PVCMX. QDSNX touts itself as an Absolute Return fund and hence the comparison with other Absolute Return fund…
This post is for anyone (not necessarily responding to @fred495)
"The Fund invests in a portfolio of AQR mutual funds, providing exposure to both Absolute Return strategies and Active Multi-Asset strategies."
Its benchmark is 3 mo T-Bill index
It…
At Schwab, it is strange that I was not able to pull up this fund using the main page search function which is what I have always used. But the Research tab has its own search function which pulled up this fund; you can also pull up this fund using…
Thanks, @Yogibearbull. It would be easier for us to check GEV vs GE cost basis by the relative unrealizes gain because it is a recent spin. I would use April 2 opening prices to see if the brokerages are allocating the cost basis between GE and GE…
@yogibearbull and anyone else that owns GE and GEV,
do you mind sharing if in your brokerage account, the gain shown for GE is only about 15% higher than that for GEV? More info in my previous post in this thread.
I received GEHC and GEV from owning GE. I understood these to be tax free spin offs in which case the cost basis in my GE shares should be allocated to GEHC and GEV proportionate to the fair value on the date of distribution. Looking at my accoun…
So do we think the 5 to 10 yr Treasury rates are going down or higher which of course will have an impact on the 5+ yr CD rates?
Everyone on TV seems to be correlating equity prices to rate cuts by the Fed Reserve. I would have thought equity pric…
Just to clarify my prior message. In my taxable TD account (margin enabled), I can place a sell and a corresponding buy the same day because there are always legacy marginable securities. It is in my IRA account that TD prevented me from placing a…
At TD the only MM funds available are their own (Schwab MMFs). Even those are not marginable the first 30 days, which meant that the sale of these non-marginable MM have to settle first before I can place a buy order of another security.
@BenWP, I did not get as far as looking at the portfolio. You are right, the index description does not match with the current holdings. Now that I look at the stock style, only in 1 out of the past 5 years it was in large caps. Since it claims t…
I looked up OMFL as I did not come across that ETF. Pretty interesting and another of good Invesco product. 6 year old and has $6.5B AUM. "The Fund and Index are reconstituted and rebalanced based on economic indicator signal changes, as frequent…
"Customers purchasing these ETFs and mutual funds will be charged a service fee of up to $100."
I am reading this to mean the fees is applicable when purchasing and not when selling which if true, existing positions should be exempt from the fees?
…
Lawsuits filed.
The media company that Donald Trump recently took public is suing its co-founders, accusing them of failing “spectacularly” to get the company off the ground and then trying to “thwart the deal.”
The lawsuit filed in Sarasota County…
Morningstar's fair market value (Q) on the stock is ... $94.96 / share.
I hope M* gets sued for the nonsense they have been peddling in the name of Q, just to teach them a lesson.
On a separate but related note, what most Americans do not know is …
AT&T has said that "the data set appears to be from 2019 or earlier", so hopefully anyone joining AT&T after that timeframe has not been compromised. Yet. Today. Maybe.
They had some 75 million ex customers' data breached. Why are not there…
I would add T to the likes of BA. I am seeing more and more companies follow BA model; it is just that when their products fail, there is no spectacular mass deaths. So, may be there is a corporate culture degradation more than we are willing to a…
@Dennis Baran, thorough and very well written. I am looking forward to the quarterly fund card and manager commentary (and to see how much cash the fund holds). Because of the low turnover, concentrated portfolio, the fund disclosures and commenta…
The burden on the fund manager is to provide all regulatory disclosures and the burden on the fund holder is to read the disclosures, manager commentary, etc. If the manager is not doing anything to prevent the holder from knowing what the manger i…
@finder Here's what I know about closure. Since I profiled the fund in February 2019, the assets in MRFOX have increased about 82%. But Elise Hoffman writes today, "We seem to have room to grow still, based on how the market has grown and the fact t…
Except for the last 10 yrs, Mr T was a democrat his entire life. He does not belong to any party but to himself. What he discovered is that the rich are not powerful; only political leaders are and can get away with anything, and he took an openin…
PRWCX was always open at TRP for 401(k) and other qualified plan accounts rollover. It is also available at TRP with higher initial minimums. So, it has not been closed in the traditional sense, just in case someone new wants to get in.
Thanks @yugo
I am an existing shareholder; just have to make sure I keep a few shares if I sell.
To current holders of VSMIX,
There is a theory that funds underperform after they close and outperform after they reopen. Pl comment/ share your ex…
Because of its methodology, MOAT ends up selling constituents too soon or hang on to value traps longer than necessary. YTD, MOAT is the worse performing of any fund I have in my watchlist. As much as I like the moat theme, it is unlikely I am goi…
Not yet enough AUM or trading volume to dip our toes in but holdings and other information is available. Since they are only a day old, not all stock services may recognize the tickers yet.
If one is inclined to actively manage MOAT, these two (MG…
As part of his sentencing the Judge ordered SBF to forfeit $11B. Does SBF have assets in billions of $? He is a big shareholder in FTX and there is value in his FTX shares - investors are already itching to buy and restart the Exchange. It is cle…
Thanks
Is it fair to assume that after (extended) market purchases in a T+1 regime may require one to keep more money in same day settle MM funds (sweep accounts) to avoid margin interest?
Are all Fidelity MM funds at Fidelity same day settlemen…
