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.
Reply to @Investor:
Investor, it is a plan unlike I have seen before, especially for a retiree. But if I think, it only adds to economy of scale.
Interestingly, the plan is administered by Fidelity.
Mona
Reply to @Ted:
Hi Ted,
Frankly, I get sick on roller coasters. Some good years of return (2009 +81.49%), some poor (2008 -48.84%) and in the past 10 years, it's been up 6 and down 4. The fund continuously has a negative alpha .
And didn't VCVLX …
Reply to @AndyJ:
AndyJ,
I too like MWTRX, however, I do not own it. But when I look at the different elements of MWTRX, I find it impossible for me to differentiate between an "Intermediate-Term" bond fund like MWTRX and a number of "mulisector" …
Reply to @msf:
One other note - in order to be a Flagship customer (and eligible for the 25 free trades), you must have $1M in Vanguard funds (which may include ETF share class and annuity portfolios as well as retail funds). It's not enough to hav…
Reply to @Investor:
Investor, here is one for you.
I was talking to my friend today who recently retired from her 35 year career with IBM. In her 401k she has a number of American Funds with share class R6 (the lowest ER and no-load). A bunch of …
Reply to @mrc70:
I am with Vanguard since 2001, so know a bit about the fund shop. Tried even a trial subscription of Dan Wiener around 2004-2005; Please give me any other suggestions, when you have time.
mrc70,
More suggestions? In my opinion, al…
Ted,
"The $8.4 billion Pimco Investment Grade Corporate Bond Fund, a top-performing bond fund in 2012 and run by Gross’s protege, Mark Kiesel, also saw an outflow of $939 million last month after a $1.3 billion redemption in June, according to Morn…
Reply to @mrc70:
Kiplinger's includes VDIGX and VASVX as two of their 25 favorite no load mutual funds.
I think VDIGX is a good large cap blend fund and VASVX a good mid cap value fund.
Mona
Reply to @claimui:
On the bonds side, Vanguard is lacking a dedicated actively managed diversified bond fund comparable to the offerings from Pimco, Doubleline, Loomis Sayles, etc. This could be a weakness, depending on your view of the bond market…
Reply to @msf:
IMHO this is an argument (albeit a weak one) for:
1) holding foreign/global funds in taxable accounts (to take advantage of the foreign tax credit)
I would think that if you have a tax efficient international fund with low turnover, …
Reply to @Kenster1_GlobalValue:
FMIJX is quite close in style to the successful but closed to new investors, ARTKX.
Kenster,
It which ways do you see FMIJX and ARTKX being quite close in style?
The reason I ask is because I am in ARTKX (like it…
Reply to @STB65:
From the limited research I know how to do, it appears Fundamental Indexing does nicely with US large-cap stocks.
I find less evidence with small or mid cap stocks.
Mona
Reply to @Ted:
Hi Ted,
Thanks for your thoughts.
I was rather surprised to see the lowest Lipper rating of 1, in the area of tax efficiency. This raises another thought. Possibly I should be looking in the direction of a Large Cap Value fund wi…
Reply to @mrc70:
PONDX: Can you please provide reasons behind your suggestion?
Investor was referring to RPHYX. Isn't that closed to new investors?
Mona
Reply to @Junkster:
Junkster,
I need to stay with Vanguard or on a Vanguard Brokerage platform. I am in OSTIX and pleased. I like the tamer junk and am thinking about VWEAX. However the duration is 4.9 years. I could add to OSTIX.
Any thoughts?…
Reply to @Old_Joe:
I use the M* tools that they license to T. Rowe Price. What are the differences between the M* tools and portfolio tools in Google Finance?
Mona
I want very short duration, and therefore minimal interest rate sensitivity. Capital preservation is important.
But I worry about the expense ratio (0.91%), and the average credit quality (B), which puts it in junk bond territory.
OSTIX has credit r…
Reply to @AKAFlack:
Before you dash off another wordy reply, can we just agree to let it go?
Now, now AKAFlack. I love MJG's posts. Read two and suddenly I don't feel guilty not resuming with War and Peace.
Mona
Reply to @Old_Joe:
Of note:
MAPIX bought the dust, down almost 4% ... "O bury me not, on the lone prairie..."
Didn't MAPIX declare a dividend today?
Mona
Reply to @BobC:
Well, I do not know if I need to raise the white flag, but here is some information and data.
The objective of PIMIX is to generate income and distributions. There are some limitations; it can only invest up to 50% in high-yield a…
Reply to @hank:
Hi Hank,
Thanks, but I simply am trying to learn.
I think you said the operative words.
we need to assess and then trust in management to implement the fund's stated approach
I trust Dan Ivascyn (the management part) and that's w…
Reply to @BobC:
I would not spend time trying to analyze whether you are allocated appropriately in each sector of the bond world. Remember that you are HIRING MANAGERS, not BUYING FUNDS. You should know just as much about the person(s) running the…
Reply to @msf:
So I'm not sure where the 64% comes from. The DWE is from Pimco's page: http://investments.pimco.com/Products/pages/314.aspx (portfolio tab).
msf,
To see the 64%:
1. In the link click on "Documents"
2. Scroll down 10 documents to 3…
Reply to @BobC:
Hi BobC,
Thanks much for your post.
You have provided me good thoughts. Thanks. At this point in time, I too am most comfortable with good management teams and funds with low average duration. That's why I am getting the larger p…
Reply to @AndyJ:
AndyJ, Hiyield007, BobC, et al.
I have made a few moves that I would like to mention, but there might be another one or two more to go. Again, one of the problems is I have multiple retirement accounts that cannot be consolidated…
Hi AndyJ,
as in credit vs. interest rate risk
Think I got it.
If Ron's fixed income would have included a fund such as VFIDX instead of OSTIX or TGEIX, I assume you might have said "but your bonds as a whole have a bit of a tilt to interest rate ri…
Reply to @AndyJ:
Hi AndyJ,
but your bonds as a whole have a bit of a tilt to the credit side ... which is a good thing now, but who knows down the road.
What is meant by "credit side" in this context?
Mona
Reply to @David_Snowball:
Hi David:
I'm afraid I had to delete your other post on the fund. The material you shared was premium content from Morningstar.
What research I have time to do, I go my local public library, who subscribes to the likes o…
Reply to @Hiyield007:
Most instead rely on the advice, suggestions, recommendations of others on what to buy or sell.
Hiyield007,
Should I sell PIMIX and buy OSTIX ;-)
Mona
Reply to @AndyJ:
AndyJ, Hiyiels007, BobC, et al.
I am looking for some thoughts as to how best to reduce some funds, keep quality funds in their respective space, and maintain short to intermediate duration. As you look at this, keep in mind that…
Reply to @bee:
bee,
If you like VHCOX, you will love POAGX. When VHCOX was a midcap growth fund, I had a nice position in it. However, when it morphed into a large cap growth fund, I switched to POAGX, a true midcap growth fund, and never looked …
