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.
What do Magazine Covers say about things? Guess what is Barron's Cover tomorrow?
https://www.barrons.com/articles/donald-trump-djt-stock-truth-social-net-worth-election-1005340a?mod=hp_HERO
Edit/Add, 3/30/24. For details, see LINK.
Determination of whether to buy 60-40 or 100-0 should be made before the purchase. No point analyzing the results in hindsight, just as it's pointless to analyze races that have been run, or games that have been played. If we had time machines, we w…
Remember that what used to be a father-son team at this tiny 1-fund BRUFX boutique shop, now has only the son being President, Vice-President, Treasurer, Compliant Officer, analyst, etc. M* is funny when it says, "The fund last saw a manager change …
@yugo, M* now provides Drawdown data for 3, 5, 10 yrs only. How did you get the data for 2009? From M* Chart? Old file data?
MFO Premium provides data for various timeframes.
Of course, PRWCX has been closed for many years, but there are some other …
@yugo, the SEC requires accounting for expenses in the SEC yield calculations - 7-day for m-mkt, 30-day for other funds. Get a strong cup of coffee & look through Form N-1A (-:)
Hardly much is free at M* now. There are subscription screens for everything.
M* Investor https://investor.morningstar.com/mm/
M* Newsletters https://newsletters.morningstar.com/
@MikeM, Treasury-obligation m-mkt funds would be safe, but you won't get state/local tax exemptions that some buy Treasury-only m-mkt funds for. My caution was that there is more to these funds than "Treasury" in their names.
Several firms, including Fido, publish the required 7-day SEC yield and an optional daily-compounded yield. So, for FIGXX, there are 5.21% and 5.34%, respectively.
https://fundresearch.fidelity.com/mutual-funds/view-all/316175108
New money market r…
This was a SPAC merger. Former DWAC acquired Trump Media and post-merger, changed the name to Trump Media and ticker to DJT (holdover from now defunct Trump Casinos). No new money was raised. Trump himself owns 58% of the merged entity but has 6-mo …
Barron's publishes 4-wk MA of fund flows (OEFs + ETFs) into equity, taxable bonds, munis, m-mkt funds. For the last several weeks, ALL are positive. So money is moving from banks and/or stocks into funds.
MBSF is a new fund launched on 2/27/24; the ER is 49 bps. Its still missing basic data on yield, etc. M* shows portfolio as lower quality (unclear what ratings are used for GSEs or securitized holdings), but it invests in floating rate RMBS from GSE…
Rajiv Jain of GQG uses value conscious growth approach. But unlike the traditional GARP, he combines value portion with momentum portion. Firm only has a handful of funds. Its other funds seems to have reasonable turnovers, but the high turnover for…
FCNVX is an ultra-short-term bond. Its retail class was eliminated a few years ago, and the ER was also lowered for the remaining class. Besides the Fido m-mkt funds, it's the only Fido fund without any frequent-trading restrictions; it settles T+1.…
How do I turn the notifications off for threads I start but did not bookmark?
Go to Profile/Edit Profile/Notification Preferences (on the left panel) - select.
New Boeing Board Chair CEO (as noted by @BaluBalu) is an electrical engineer who once ran Qualcomm.
https://www.boeing.com/company/bios/steven-m-mollenkopf-bio
https://boeing.mediaroom.com/2024-03-25-Boeing-Announces-Board-and-Management-Changes
New Boeing Board Chair CEO (as noted by @BaluBalu) is an electrical engineer who once ran Qualcomm.
https://www.boeing.com/company/bios/steven-m-mollenkopf-bio
https://boeing.mediaroom.com/2024-03-25-Boeing-Announces-Board-and-Management-Changes
@Charles, thanks. Here is my experience after the latest MFO Premium update.
Background - Yesterday (3/24/24), I had manually changed all old TIAA/CREF IF-xxxx tickers to Qxxxxx except the 2 residuals QCBMP (CREF Bond R2) and IF-SMZQ (TIAA REA).
T…
A minor issue is that the following list (for CREF Stock) runs fine under Portfolio, but not under Watchlist.
QCSTIX QCSTPX QCSTRX
Each ticker runs fine individually under the Watchlist, but defaults to QCSTIX.
The previous list ran fine under bo…
More letters from TIAA to signup with Kroll re Infosys McCamish (IMS) breach. Must use another email than the one used for previous MOVEit breach signup.
This breach has affected thousands at TIAA, Fidelity, Vanguard, T Rowe Price, Principal, Ascen…
Vow, it's done (almost)! Thanks @Charles!!
In this massive change at MFO Premium, there were (only) 2 issues:
CREF Bond Market R2 ticker is wrong, QCBMP should be QCBMPX (note the missing X)
TIAA REA is still the old IF-SMZQ and should also be ch…
Thanks for this great news about Q-tickers for TIAA/CREF VAs initially. The MFO Premium fix will be appreciated while Lipper catches up with the rest of data providers.
@Charles, thanks for your response. Monthly enforcement of allocation is what it looked like from comparison with PV monthly rebalancing. But your official confirmation is important. Here is some data for standard deviation (SD). LINK
…
You may join AAII social-media communities.
Some AAII Chapters may be more active than others. They are often looking for speakers.
I don't think AAII caters to daytraders.
List of MN-based funds is small.
@Edmond, Wiki on Stonecipher, Boeing CEO 1997-2001.
https://en.wikipedia.org/wiki/Harry_Stonecipher
In a clash of corporate cultures, where Boeing’s engineers and McDonnell Douglas’s accountants went head-to-head, the smaller company won out. The r…
Well, you can remove GE from that list, thanks to Culp's triple-vision - GE, GEHC, and soon GEV.
Culp retired at Danaher/DHR, was called to fix GE, and some now say that he should now fix Boeing/BA. Will he ever get rest? (-:)
There were several questions related to QT reduction. Powell didn't say how much reduction or what he meant by soon. He did say that eventually, the Fed holdings will be only the Treasuries, as it used to be historically. Uneven impact of QT was als…
@MikeW
Wow learn something new everyday. I somehow missed TSP Mutual Fund window.
But there is nothing about it on my account window
See Fund Options tab,
https://www.tsp.gov/mutual-fund-window/
Post Conference Notes by YBB
Rates were maintained - fed funds 5.25-5.50%, bank reserves rate 5.4%, discount rate 5.5%. Rates may be higher for longer; need more confidence in progress towards inflation goal. No specifics provided for June cut. Cur…
EM ex-China was in response to Fed TSP move to shift its I Fund from broad MSCI EAFE to something ex-China/HK, and that is now MSCI ACWI ex-China/HK.
So, a reality is that such ex-China/HK indexes have been developed after some huffing and puffing.…
Many discussion board logins stop working when VPNs are used. So, I am not surprised that they cause problems with financial institution login where KYC is the law. I once tried a VPN that routed me via Peru that caused a allow connection, & I w…
MFO Premium Tickers - Portfolios, Watchlists, Charts
Lipper (so, MFO Premium too) has FIXED the CREF VA class flip between R1 & R3. Rather than editing the previous posts, here are now the CORRECT tickers presented in 2 groups. In the 12/7/23 O…
Considering that OP has been informed that the a/c is temporarily frozen, and he may guess the reason (and it is not a trade violation) even though Fido hasn't told him, any further attempts to play with the a/c will only add to problems.
