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.
@Ted,
Actually, I use Google as my search tool to find MFs making distributions. The reason I posted it was as a notice to shareholders as well as prevent any sudden heart attacks when the price declines (donuts) to those investors.
Yes, they were not intended to be year-end distribution estimates, but as a notice to shareholders of mid-year distributions. My guess is a possible indication of funds (and of other funds) making earlier than normal announcements of distributions t…
I still have it and glad it is in my non-taxable account. This is an indication of what may happen when you change fund managers/sub-advisers:
https://www.morningstar.com/articles/880213/harbor-international-under-review-after-subadvisor.html
See earlier post about liquidation:
https://www.mutualfundobserver.com/discuss/discussion/41551/loomis-sayles-value-fund-to-liquidate
Also from Loomis Sayles website:
https://www.loomissayles.com/website/mutual-funds/Value-Fund
7/25/18 In accor…
Here is another news commentary on MECAX (not to hijack the thread but MECAX was mentioned above):
https://www.marketwatch.com/story/small--and-micro-cap-stocks-get-another-look-as-the-sp-500-index-stalls-2018-08-17
I believe the amount is tied to what is equal to an deductible/non-deductible retirement account. I believe it was $6K initially. Maximum investment amount initially advertised was $100K, but due to overwhelming interest, maximum investment was lo…
@LewisBraham,
You are right about that one as I do own it. However, the AUM is significantly larger than GPMCX; even METAX has low AUM and higher expenses.
@Ted,
High ER's are typical of small funds with small amounts of AUM. Another issue is the fund is closed to new investors, so there is a small asset base in which they can receive funds from. I am continuing to put in a small amount per month fo…
Found the 2012 proxy material filing to shareholders concerning reorganization:
https://www.sec.gov/Archives/edgar/data/796227/000089418912003728/fmimf_def14a.htm
I bought into PROVX about 9 months ago. Was part of the FMI Fund family until October 2013 when it was reorganized some years ago (believe the fund was sub-advised back then by the current management team). Prefer it more so than FPACX as it has g…
Fidelity ZERO Total Market Index Fund & Fidelity ZERO International Index Fund filing:
https://www.sec.gov/Archives/edgar/data/35315/000137949118003935/filing836.htm
Here's the link to the filing involving the passing of the manager:
https://www.sec.gov/Archives/edgar/data/811030/000089418918003882/pmp_bpcap-497e.htm
497 1 pmp_bpcap-497e.htm SUPPLEMENTARY MATERIALS
BP capital TwinLine MLP Fund
("MLP Fun…
Update:
https://www.sec.gov/Archives/edgar/data/751173/000119312518231297/d566740d497.htm
497 1 d566740d497.htm MANNING & NAPIER FUND, INC.
MANNING & NAPIER FUND, INC.
(the “Fund”)
Supplement dated July 30, 2018 to the Prospectus, Su…
Maybe more information will divulged in the 60 day window of the filing?
Found this link over at Bogleheads (credit the poster):
https://investor.vanguard.com/mutual-funds/precious-metals-changes?cmpgn=EM:RIG:ED:Stargaze:JulEmail:Email:0718:0101:F…
updated:
https://www.sec.gov/Archives/edgar/data/874964/000093041318002396/c91743_497.htm
497 1 c91743_497.htm
THE LAZARD FUNDS, INC.
Lazard US Realty Income Portfolio
Supplement to Current Summary Prospectus and Prospectus
At a special me…
Additional article concerning the funds (retail and institutional classes), both of which are to close:
http://citywireusa.com/professional-buyer/news/t-rowe-soft-closes-two-em-funds-with-over-13bn-in-assets/a1141992
From the prospectus link above:
(1) ‘‘Acquired Fund Fees and Expenses’’ are the indirect costs of investing in other investment companies. The operating expenses in this fee table will not correlate to the expense ratio in the Fund’s financial high…
North Star has also a micro cap value fund, NSMVX. However, I agree with Lewis on Thomson Horstmann & Bryant Microcap fund and Wasatch Micro Cap Value Fund.
METAX is another micro cap value fund to look at.
@VintageFreak,
Or you can go to DepositAccounts.com by Ken Tumin, the founder and moderator for the website.
Every week there is a CD summary list of the best CD rates offered. Here are the best CD rates for the week of June 19:
https://www.depo…
Here is a filing for HOBEX for its quarterly holdings as of 1/31/18:
https://www.sec.gov/Archives/edgar/data/1552947/000158064218001813/holbrook_nq.htm
I am glad to see they have a bond position from CSWC, a BDC, in their portfolio; CWSC is one of…
@msf,
At least the newsletter gave us some possibilities as to why the remaining splits have not occurred. It is more information than we received from Fidelity.
@randynevin,
I saw several remaining funds were due to split June 8 and still have not split. Here is the Fido webpage:
https://sponsor.fidelity.com/pspublic/pca/psw/public/library/designbenefits/Fidelity_funds_undergo_share_splits.html
or PDF
…
FSCSX also had a stock split.
Here is a list of Fidelity funds splitting:
https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/mutual-funds/mf-share-splits_apr2018.pdf
@BenWP,
Just bought into the fund this past January as I did look at the past history with not much indicated. At $55 dollars a share, $2,500 doesn't buy much. I do have it in a taxable account with the transfer agent.
Most of my mid-cap holdi…
@AndyJ
Thanks for the info. I still have SPFLX with TDA, but I am not sure if I can add to my existing position. May look at the investor class as an option.
