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.
@Mona: PDI has recently suffered from the non-investment grade spread widening (as did all HY), but also from being hedged duration - as long treasuries ripped.
Hi fundalarm,
And Bill has been selling a few shares. Guess he needs some extra chang…
@Mona I am fascinated that you call the fund companies on a regular basis. Do you have typical questions? I am curious as to what subjects you cover with them. Do you really berating them for not bettering their benchmarks? Sounds like a good me…
You'd think their longer-term performance would not roughly track as it does, wouldn't ya.
Dr. Dave,
Do you always answer a question with a question?
I am still waiting.
2-3-15
0.00 RSIVX - RiverPark Strategic Income
0.33 PONDX - PIMCO Income
Dr. Dave,
While only one day, this is a rather large percentage difference between two "Multisector Bond Funds" that you feel should be compared to each other.
Since I s…
Hi @fundalarm
I was reading through this thread again and looked again at PIMIX and its current holdings as of its last posting. This and its cousin, PONDX have a much different mix of holdings from the previous several years. The overwhelming major…
(well, Mona went further and actually called the company.)
fundalarm,
I call and interview each and every fund (I stick with OEFs) I own. I have worked very hard for what I have and I am not about to lose everything because I was too lazy to do m…
@Mona, thanks for that info. These are not funds that I watch so I am at a disadvantage here. Interesting that they both have a go anywhere kind of mandate but seem satisfied to stay put where they are. The intrincities of bond funds always confuse…
@JC, is it not that their principles are more or less 'go anywhere' / opportunistic?
On first glance these funds look very similar. I went to the prospectus of each fund.
There are a few details like the allocation percentages that are different.…
Totally overlooked Davis, sorry; yes, that one too. Indeed, you probably could ignore my urging about diversification and just do as 00BY suggests.
Dr. Dave,
You totally overlooked Davis?
No problem. The third time's the charm. Want another crac…
The best number for RiverPark is 212-484-2100 in NYC. If you are fortunate as I have been, you will be able to discuss RSVIX with Morty Schaja. He is the CEO and Managing Partner.
The performance and statistics team at PIMCO can be reached at 949-…
After just now reading DS, I am looking at RSIVX and comparing it with PONDX and PDI. DODIX looks good recently too. Thoughts about those?
A comparison between RSIVX with PONDX is [probably not productive]. They are two different animals. If you wan…
Except if we close it we lose msf's astute and learned corrections of misinformation and misstatement.
drm,
Nope, no misinformation and if there was a misstatement, you might want to keep in mind that English was my third language.
And unlike msf,…
re metric: We really tried here in CA- had miles/km for quite a long time on a number of highways. It wasn't Carter: it absolutely was the presidents and congresses that followed Carter, much to my disgust.
"The markers from Nogales to Tucson are a …
I do find it interesting that there is no option on the website to change the language, considering their target audience.
Edit: Was that a promise also? If you have a language already you can keep your language
John,
I too would have thought…
Mona,
Don't speak Spanish
drm,
Lo siento (I'm sorry). I can appreciate language challenges. For me, English came after French and Spanish, so I understand.
Mona
drm,
For the past week, I have been in Panama, where I am a pensionado and spend part of my year, looking into various health insurance plans. I am only in the beginning of the investigative stage, but I am excited, as there appears to be a number …
Back from Black Friday shopping....in one piece!! YAY!!! Also won a $100 gift card at Sports Authority (shhh...don't tell the King...he might take $40 of it!)
davidrmoran...so appreciative of your concern! We already tried the "domestic partner" a…
l5b, pal -- can you perhaps be on bf's insurance without marriage? Or is that not an option anymore in some places (maybe ACA-related)?
There is nothing ACA related that prohibits this. I am aware of insurance companies that allow a "domestic partne…
Since she's only named benefits in the new plan that were absent in her old plan (such as a wellness visit), it seemed fair to ask which half of the benefits of the old plan were lacking in the new plan. And whether those missing benefits mattered…
@Mona- I'm really trying to understand the issues here, and I'm not at all sure how to reconcile msf's statement: "Medically underwritten plans were not required by ACA to be terminated.", for which he gives an example (although in Pennsylvania) wi…
"You've told us how the old plan was inferior (e.g. it did not pay for mental health care)"
msf,
I see that you told us that my old plan was inferior, but I do not recall saying that. I said my plan met my needs.
Are you saying that my old plan …
"msf leads me to see that your insurance company at their option made it so you could not continue your plan"
davidmoran,
More distortion and twisting by msf. My plan was around long before the ACA. Then the ACA was born and my plan became non-ACA…
msf, thanks for adding the detail, which I trust answered Old_Joe's question to his satisfaction.
davidmoran,
"Mona, thanks very much for responding, honestly and frankly; and yes, I can see why your plan was noncompliant, as some would argue it …
>> "to comply with federal law", as noted in the documentation from the plan provider."
\\\ Yep, the govt is dictating every angle it appears.
oh, it is, it is, whatever will become of us under this tyrant?
What lameass excuse did the insu…
Howdy,
Whelp, not surprising that folks feel strongly about the ACA - considering all the bs circulated by both sides of the issue. My main problem with the ACA is that it did not go nearly far enough and was a sell out to big pharm, the AMA and t…
Mona, this might be, in part, what you are seeing:
The ACA is working. So why is the opposition to it so strong and persistent?
Anna,
I agree the opposition is strong and persistent. The midterm elections spoke volumes.
Mona
Thanks for the clarification, Mona.
Hi Old_Joe
One other important point. What I had was a PPO, which afforded me the ability to go directly to any physician of my choosing. Now, for three times the cost, I get a metallic HMO and a gatekeeper. This…
@Mona- I'm curious as to the exact meaning and implications of "a fine underwritten Blue Cross plan". That phrase would seem to suggest that some entity other than you was contributing to the costs of the plan.
It had reasonable doctor co-pays, for …
Mona writes that without subsidies, you're out of luck on costs in NYC. But she doesn't say that in 2014, NYS individual care premiums dropped 53%.
msf,
No I did not and with good reason."Good reason" - something else not stated.
I appreciate a…
Mona writes that without subsidies, you're out of luck on costs in NYC. But she doesn't say that in 2014, NYS individual care premiums dropped 53%.
msf,
No I did not and with good reason.
But what I will say is last year I had a fine underwritte…
I have tried to refrain from this discussion and I will after this post.
If one is over 55 (probably younger) and under 65 and does not have an employer group plan (me), paid mostly by the employer, has a MAGI of $50,000 or greater (even living in …
I remain a bit confused!
Over the years when I was in a 15% tax bracket, I took a number of Traditional IRAs, converted them to Roth IRAs, and paid the tax.
If Obama's 2015 budget goes through with the RMD change, does this mean I will pay tax a s…
