Fixed income funds were the most consistent with about 95 percent holding their original style category.
We buy several types of equity and fixed income funds that span many different asset classes.
Investors are increasingly channeling their money into higher risk ETFs and away from more conservative fixed-income funds.
Government plus and option income funds were sold to individuals living on fixed-incomes to compete with CDs.
Income funds have seen their discounts shrinking of late as more investors discover the higher yields they afford.
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Certain types of fixed income funds are required to only hold AAA rated debt, but US Treasurys are considered a separate asset class.
One thing about fixed-income funds in the closed-end world, Kate, is that every 12% approximately, of a discount, equals 1% of real cash flow.
The data also shows closings have remained consistent at about 5 percent per year for equity funds and 3 percent per year for fixed income funds.
Russell Croft, managers of the Croft Value and Croft Income funds, combine low earnings multiples with other indicators, such as cash flow, book value and debt-to-enterprise value.
Over the last five years, approximately 24 percent of domestic equity funds, 22 percent of international equity funds and 15 percent of fixed income funds merged or liquidated.
He notes that on a historical price-earnings ratio basis, the stock market is now undervalued and there is an abundance of money still sitting in fixed income funds.
Such a small move would be justified by the need to be prudent in lowering Selic to minimize the chances of a destabilizing shift from fixed-income funds to savings.
We sometimes have modest exposure to ETPs and may invest in PCRDX, although at this point, most of our portfolios remain concentrated in diversified equity funds or fixed income funds.
Consider alternative investments for your intermediate-term goals like short-term bond funds, municipal bond funds or income funds that include dividend-paying stocks in the mix but watch for bonds with long maturities.
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Calamos Investments has lately taken to touting the stability of two growth and income funds as "a meaningful alternative for investors who are afraid to be in the markets" but still want to own some equities for their growth potential.
The results of this 2004 action were immediate and massive. 401k plans that had been receiving 50 to 100 basis points in revenue sharing from non-proprietary funds were cut to a maximum of 25 basis points for fixed income funds and a 35 basis point maximum for equity funds.
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Investors who maintain a balanced portfolio of 60 percent in global equity index funds and 40 percent in fixed income index funds should see about a 5.0 percent annualized net of fees over 10 years.
Are these new income replacement funds a good deal relative to annuities?
In early October, Fidelity launched 11 new Income Replacement Funds, which are essentially fund-of-funds with horizon dates in two-year increments from 2016 to 2036.
Another Fidelity watcher, Jack Bowers, editor of the newsletter Fidelity Monitor, is similarly bullish on the income replacement funds but cautions about the tax implications.
And those expenses reduce the income that funds distribute.
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The SPIVA Scorecard provides performance comparisons corrected for survivorship bias, equal- and asset-weighted peer averages and measures of style consistency for actively managed U.S. equity, international equity and fixed income mutual funds.
The rule of thumb is to use your age as a percentage of your savings to allocate to fixed income based funds (cash and bond funds) and the rest in stock funds (e.g. if you are 35, you might put 35% in bonds, 65% in stocks).
These funds held a combination of equity and fixed income investments, hedge funds, venture capital funds, specialty funds and cash.
This was the lowest allocation to fixed-income securities and funds since February 2011.
Conversely, if you are underweighted in bonds, you put the new contribution to work by purchasing fixed-income securities or funds.
These are just some of reasons are why I invest my fixed-income portfolios in funds and ETFs, rather than individual issues.
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Unlike Fidelity's offering, the Vanguard lineup is designed to allow you to reap income from your funds, without depleting your capital.
Adult hospices get about a third of their income from government funds.
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