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.
Fidelity's site will give similar comparison data, but only for funds they sell. That includes all funds and share classes the sell, not just their NTF funds. But it omits funds like Admiral shares of Vanguard's actively managed funds (e.g. VWIA…
Not sure if it's had the same name?
That would be a good guess. But it wasn't quite a name change. Kiplinger says that T. Rowe Price only started its first mutual fund in 1950.
https://www.kiplinger.com/article/investing/t041-c009-s002-top-funds-…
Pioneer Fund was founded in 1928 by Philip Carret as the Fidelity Mutual Trust (not on any list in the SEC study).
https://www.corporateknights.com/responsible-investing/a-short-history-of-responsible-investing/
On p. 735, both Loomis-Sayles Mutu…
Here are a couple of threads that may help:
Oldest Mutual Funds Still in Existence (2019 thread)
Second Oldest Stock Fund Is As Nimble As A Teenager (2014 thread)
As to the merger of Quarterly Income Shares into American Business Shares in 1944, yo…
I was about to post the same thing. This was happening sporadically yesterday. Today the "transition" is complete. Legacy pages have apparently, to borrow from Monty Python, ceased to be! Are expired and gone to meet their maker!
Further, some view ESG strictly from an investment perspective - how do these factors affect a company's risks - while others view ESG investing as a way to improve the world, or at least not contribute to its decline.
For the first perspective (an…
I would take a Treasury bill over a CD of the same maturity, all else being equal. They are state income tax exempt, so their post-tax return is higher than equal rate CDs if the income is taxed.
Duration is slightly different. T-bills pay inte…
GSIHX has 1/3/5 year tax cost ratios of 0.77%/0.31%/0.20%. That seems pretty well suited to a taxable account. Moreso because it passes through a foreign tax credit.
http://performance.morningstar.com/fund/tax-analysis.action?t=GSIHX
https://ww…
Fixed annuity yields are finally back to being significantly higher than CDs. They are another option to consider - for IRAs, for savers over 59½, for people who will be at least that old when the contract penalty period expires.
For example, ins…
The new (investor) interactive charts have less information. They don't have a volume bar chart underneath. Volume is also missing when you mouse over the graph.
The "old" interactive charts, if displaying a single ETF, would provide open, close…
It seems that M* has already begun the process by making it harder to find the existing tools. It used to be that the main page (www.morningstar.com) had links to the fund screeners (basic, premium), stock screeners (basic, premium) and other tool…
New funds do seem to draw a significant amount of attention. What else makes TOTR attractive?
Looking for a short term bounce? It's down a bit more than average YTD for its category (13% vs 11½%), but not enough to call it out.
Dividends? …
Fees
Schwab typically receives a fee from each issuer in connection with the placement of the CDs. Schwab may seek to negotiate a higher or lower placement fee based on Schwab's view of competitive necessities. The amount of the placement fee pa…
There are actually four different services:
Legacy - portfolio, watchlist
Investor - portfolio, watchlist
One can convert (import) a legacy watchlist into an investor watchlist. The investor watchlist page is found by clicking on the "eye" icone …
OK, I worked it out. Apparently what I have been calling "portfolios" M* has been calling "watchlists". There is an option to migrate watchlists and that was quick and easy to use.
The legacy portfolio manager has for many years had both portfolios…
had to establish a basis at time of death
ISTM that should have been very simple - it's the market value (not book value) of each asset at time of death (or six months later if using an alternate valuation date). In the case of MLPs which are trad…
Once upon a time there was a fund company that offered 1.25x funds, figuring the relatively low multiplier might hit a happy medium between increased returns on good days and the adverse cumulative effects ("beta decay") of leverage in volatile mark…
HaHaHa :) WABAC. I think of Pat every time I hear the name Paulson. He should have been president!
Just so long as he made sure to keep Officer Judy along with him for protection.
(Pat Paulsen and Officer Judy made recurring appearances on the S…
Sometimes it does. As described in a NYTimes article (excerpted below) about Target cutting prices. Or encapsulated more succinctly in this cartoon:
Target, like many retailers that faced skyrocketing demand in the early months of the pandemic…
Maybe, though recognize that correlation is not causation.
DoubleLine has not especially impressed with its enhanced version of CAPE (DSEEX). It has generated negative "enhancement" relative to CAPD over the past five years (11.13% vs. 12.50%), th…
@yogibearbull seems to be right about the slider giving daily granularity only for more recent dates. And about my using 2022, not 2021. As I recall, the old chart tool had a similar issue that if you went back far enough in time you couldn't coa…
Works for me. Moved the left slider to March 15th, and graph reports a loss of 1.77%. Yahoo finance says the loss was 1.76%. Those are not 3 month losses or YTD losses.
But it seems that TSP didn't want to negotiate any pay-for-play deals, nor wanted to subsidize TSP brokerage window fees (as many companies do).
There is
an explicit Congressional directive to ‘‘ensure that any expenses charged for use of the mut…
In terms of risk, we may be talking about two different things. You're looking at short term predictions (early 2020 presaging March events) as exemplified by this IBM commercial. It dramatizes how Watson could predict that an elevator might fail …
I'm really not clear on what's being said here.
The data lag issue may be explained by the use of monthly data for MPT stats by M*
BECAUSE M* uses monthly data, its MPT measurements lack sensitivity that weekly (or daily) data may capture.
These …
That page is not substantially different from the 2020 report where the Section H options were likewise numbered H2-H7, and generally the only difference was that the years for implementation were one year sooner. See p. 31 (pdf p. 32):
https://w…
The point in the excerpt below cannot be emphasized strongly enough. There is a reason that some bonds or funds pay more. It is called risk premium. That is not a free lunch. A bet on higher yield may pay off nine years or out of ten, or even…
Sure. There's the federal excise tax of 3% on interstate calls originally imposed to support the Spanish American War and removed for good in 2006.
http://www.taxhistory.org/thp/readings.nsf/ArtWeb/557559440437EDBC8525718B005ACCCB?OpenDocument
Mo…
This looks like a fluff piece - the type that comes out every year when the government releases its projections for SS and Medicare trust fund solvency, as the Trustees just did. It's a laundry list of "what ifs", or as stated in the piece, "Congr…
Yes, analog inputs are a pain.
Having to use a slider to set window dates is an issue I have with StockCharts as well. At least that site gives you minimal digital controls.
You can set the width of the window by number of days (numeric, i.e.…
There are two different difficulties with FDGRX. One is that if you go back early enough (2006 seems about "right"), the annual reports are only found under the trust (of which FDGRX is a series), and not under the fund itself. Possibly because …
Are you missing 1999 to 2006 or earlier dates? Edgar goes back to roughly 1996.
For example, from FCNTX's Dec 1999 Annual Report
https://www.sec.gov/Archives/edgar/data/24238/000079542200000022/0000795422-00-000022.txt
TOP TEN STOCKS AS OF DECE…
Absolutely correct. Pure grandstanding.
If they wanted to actually do something, they could repeal the statute that Congress passed in 2009 permitting the mutual fund window. Or they could have followed protocol and made comments on the fund…
if the GOP gains control of the WH, Senate and House, one of their priorities will be turning the TSP over to some fund management behemoth
Like George W Bush privatized Social Security in 2005 ...
Toward the end of a first term dominated by inter…
The IRS restricts in-service withdrawals (if permitted by the plan) to only those participants over age 59½ or who a hardship exception.
https://www.irs.gov/retirement-plans/plan-participant-employee/when-can-a-retirement-plan-distribute-benefits
T…
Since the TSP accounts are not mutual funds, one can't go to a prospectus filed with the SEC. At least there is a 36 page booklet describing the progam.
https://www.tsp.gov/publications/tspbk08.pdf
However, this program being part of the federal g…
This year is hard on the investors when both stocks and bonds are falling at the same time. When the he last time this happened? My recent memory goes back to 1994 when Greenspan hiked rates 6 times. Now we are about to enter the same situation.
I…
My experience, admittedly dated, is that administrators add an additional charge for a brokerage (or, I suppose fund) window on a per user basis. An employer can choose to charge just those who use the service to pay for it. This is the approach o…
Investment advisory firms are required to file with the SEC. Here's GQG's filing:
https://adviserinfo.sec.gov/firm/summary/283720
The breakdown of its AUM is on p. 13 of its Form ADV.
https://reports.adviserinfo.sec.gov/reports/ADV/283720/PDF/2837…
