The following article is about Loomis Sayles Strategic Income A fund. This Loomis Sayles bond fund is part of taxable multisector fund. It can invest in varieties of bonds or fixed income like government bonds or treasuries, corporate bonds, convertible, foreign debts, and more. Details about this mutual fund can be found below.
Loomis Sayles Strategic Income A (MUTF: NEFZX)
The Loomis Sayles Strategic Income fund seeks high current income and its secondary objective is capital growth. This bond fund invests all of its assets in income producing securities with a focus on U.S. corporate bonds, convertible securities, foreign debt instruments, including those in emerging markets and related foreign currency transactions and U.S. government securities. It may invest >35% of assets in preferred stocks and dividend-paying common stocks. This Loomis Sayles fund may also invest in Rule 144A securities, structured notes, zero-coupon bonds, pay-in-kind bonds, mortgage-related securities, stripped securities, swaps, futures, and other derivatives.
December 8, 2011
December 7, 2011
Vanguard Limited Term Tax Exempt Fund (VMLTX)
Municipal bond funds are among the top performer mutual fund for year 2011. One of the largest muni bond funds is Vanguard Ltd-Term Tx-Ex. This Vanguard fund invests primarily in investment grade municipal bonds. Details about the fund review can be found below.
Vanguard Limited Term Tax Exempt (Ticker: VMLTX)
This Vanguard Limited Term Tax Exempt fund is seeking current income exempt from federal income tax, with limited price volatility. This Vanguard fund invests >75% of assets in municipal bonds in the top three credit-rating categories. It may invest minority of assets (<20%) in bonds rated Baa or BBB. The fund invests <5% of assets in securities with lower credit ratings or unrated.
Fund Details
Vanguard Limited Term Tax Exempt (Ticker: VMLTX)
This Vanguard Limited Term Tax Exempt fund is seeking current income exempt from federal income tax, with limited price volatility. This Vanguard fund invests >75% of assets in municipal bonds in the top three credit-rating categories. It may invest minority of assets (<20%) in bonds rated Baa or BBB. The fund invests <5% of assets in securities with lower credit ratings or unrated.
Fund Details
- Fund Inception Date: August 31, 1987
- Ticker Symbol: VMLTX
- CUSIP: 922907704
- Beta (3yr): 0.33
- Rank in category (YTD): 52%
- Category: Muni Short
- Distribution Rate: 2.23%
- Capital Gains: 0%
- Expense Ratio: 0.20%
- Net Assets: $ 14.58 billion
- Number of Years Up: 23 years
- Number of Years Down: 0 years
- Average Duration: 2.8 years
- Average Maturity: 2.4 years
- Annual Turnover Rate: 14.0%
December 6, 2011
DWS GNMA Fund (GGGGX)
DWS GNMA fund will become one of the popular bond funds for investor to invest. This fund invests mainly in mortgage backed bond issued and guaranteed by US Government. This top rated S&P mutual fund is being reviewed below.
DWS GNMA A Fund (Ticker: GGGGX)
The DWS GNMA Fund objective is to seek to produce a high level of income. This best bond fund invests majority of net assets (>80%) in Ginnie Maes, the mortgage-backed securities issued or guaranteed by the Government National Mortgage Association (GNMA). This DWS fund may also hold <10% of total net assets in cash or money market securities, short-term bond funds, which investments may not be issued or guaranteed by the US government and its agencies.
Fund Profile
This DWS fund is classified in the Intermediate Government bond fund category. This best fund is currently managed by John Ryan. He has been managing this fund since July 2010. The inception date of this GGGGX fund is February 2, 1999.
The fund’s total net assets are $2.26 billion. The dividend yield is 4.27%. The last dividend was distributed on September 23, 2011 ($0.06). The annual expense ratio of this taxable bond fund is 0.76%.
DWS GNMA A Fund (Ticker: GGGGX)
The DWS GNMA Fund objective is to seek to produce a high level of income. This best bond fund invests majority of net assets (>80%) in Ginnie Maes, the mortgage-backed securities issued or guaranteed by the Government National Mortgage Association (GNMA). This DWS fund may also hold <10% of total net assets in cash or money market securities, short-term bond funds, which investments may not be issued or guaranteed by the US government and its agencies.
Fund Profile
- Fund Inception Date: February 1, 2009
- Ticker Symbol: GGGGX
- CUSIP: 23337P308
- Beta (3yr): 0.64
- Rank in category (YTD): 47%
- Category: Intermediate Government
- Yield: 4.48%
- Capital Gains: 0%
- Expense Ratio: 0.78%
- Sales Load: 2.75%
- Net Assets: $ 2.30 billion
- Number of Years Up: 3 years
- Number of Years Down: 0 years
- Annual Turnover Rate: 211%
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| DWS GNMA fund |
This DWS fund is classified in the Intermediate Government bond fund category. This best fund is currently managed by John Ryan. He has been managing this fund since July 2010. The inception date of this GGGGX fund is February 2, 1999.
The fund’s total net assets are $2.26 billion. The dividend yield is 4.27%. The last dividend was distributed on September 23, 2011 ($0.06). The annual expense ratio of this taxable bond fund is 0.76%.
December 5, 2011
YTD Top Performer Closed End Funds December 2011 | CEF
The following article will look into the YTD top performer CEFs of 2011. The top performer funds include DNP Select Income Fund (DNP), Gabelli Utility Trust (GUT), Invesco Insured Municipal Bond (IMC), and more.
The Year-To-Date Top Performer Closed End Funds December 2011 are:
The Year-To-Date Top Performer Closed End Funds December 2011 are:
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| YTD Top Performer CEFs 2011 |
- DNP Select Income Fund (DNP)
- Gabelli Utility Trust (GUT)
- Invesco Insured Muni Bond (IMC)
- BlackRock Build America Bond (BBN)
- Flaherty Preferred Income Fund (PFD)
- Aberdeen Global Income (FCO)
- BlackRock MuniHoldings Quality II (MUE)
- Nuveen CA Performance Plus Muni (NCP)
- BlackRock Municipal Income Investment Quality Trust (BAF)
- BlackRock MuniYield Investment Quality Fund (MFT)
updated on 12/4/2011
December 4, 2011
Update of Sequoia and T. Rowe Price Retirement Income Fund
The following is the updated information for Sequoia Fund and T. Rowe Price Retirement Income Fund. These funds have been selected as the Top S&P Mutual Funds of 2011. Details for these funds can be found below.
Sequoia fund (SEQUX)
Sequoia fund has been selected as the Top S&P Mutual Funds of 2011. This fund invests mainly in undervalued US Companies. It may also invest in foreign securities. This large blend US stock mutual fund has been rated the best fund by Morningstar with 5 star rating. More details about the fund's review can be found on my previous article, Sequoia Fund (SEQUX).
The performance of this SEQUX fund based on the load adjusted return is as below:
This fund has recorded 34 years of positive return and only 6 years of negative return so far. Morningstar gave this fund 5-star rating. The best achievement of 1-year total return was in 1997 with 43.20% and the worst was in 2008 with -27.03%.
The top 5 holdings of this fund as of June 30, 2011 are Valeant Pharmaceuticals International Inc, Berkshire Hathaway Inc, TJX Companies, Fastenal Company and Idexx Laboratories.
T. Rowe Price Retirement Income Fund (TRRIX)
T. Rowe Price Retirement Income Fund invests in 40% stock funds and 60% bond funds. This balanced fund is managed by Jerome A. Clark. These mutual fund is part of fund of funds.Morningstar has rated this fund 3-star rating. S&P also has awarded this fund with the top mutual fund award of 2011. This TRRIX fund has performed in 7 years of positive return. The 1-year total return was negative so far only in 2008 (-18.39%). The best 1-year total return was achieved in year 2009 (22.07%). Based on the load adjusted return, this fund has returned 0.52% over the past year and 3.19% over the past 3-year.
The top 10 holdings are Emerging Markets Bond Fund, Emerging Markets Bond Fund, Equity Index 500 Fund, High Yield Fund, Inflation Focused Bond Fund, International Bond Fund, International Growth & Income Fund, International Stock Fund, New Income Fund and Overseas Stock Fund.
Disclosure: No Position
Sequoia fund (SEQUX)
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| Sequoia fund |
The performance of this SEQUX fund based on the load adjusted return is as below:
- 1-year: 6.73%
- 3-year: 3.53%
- 5-year: 2.55%
- 10-year: 5.17%
This fund has recorded 34 years of positive return and only 6 years of negative return so far. Morningstar gave this fund 5-star rating. The best achievement of 1-year total return was in 1997 with 43.20% and the worst was in 2008 with -27.03%.
The top 5 holdings of this fund as of June 30, 2011 are Valeant Pharmaceuticals International Inc, Berkshire Hathaway Inc, TJX Companies, Fastenal Company and Idexx Laboratories.
T. Rowe Price Retirement Income Fund (TRRIX)
T. Rowe Price Retirement Income Fund invests in 40% stock funds and 60% bond funds. This balanced fund is managed by Jerome A. Clark. These mutual fund is part of fund of funds.Morningstar has rated this fund 3-star rating. S&P also has awarded this fund with the top mutual fund award of 2011. This TRRIX fund has performed in 7 years of positive return. The 1-year total return was negative so far only in 2008 (-18.39%). The best 1-year total return was achieved in year 2009 (22.07%). Based on the load adjusted return, this fund has returned 0.52% over the past year and 3.19% over the past 3-year.
The top 10 holdings are Emerging Markets Bond Fund, Emerging Markets Bond Fund, Equity Index 500 Fund, High Yield Fund, Inflation Focused Bond Fund, International Bond Fund, International Growth & Income Fund, International Stock Fund, New Income Fund and Overseas Stock Fund.
Disclosure: No Position
December 3, 2011
Update on Vanguard Selected Value Fund
I have updated the previous article about Vanguard Selected Value Fund. This top rated mid cap value stock fund is rated one of the best fund by Morningstar and S&P Capital IQ. I have also updated the top 10 stock holdings and the fund's performance for the past one year.
The top 10 stock holdings of this Vanguard Selected Value fund as of October 2011 are Royal Caribbean Cruises Ltd, Constellation Energy Group Inc, Yamana Gold Inc, Discover Financial Services, Coventry Health Care Inc, Goodrich Corp, International Game Technology, Wills Group Holdings PLC, CenterPoint Energy Inc and Capital One Financial Corp.
Please check the article here.
The top 10 stock holdings of this Vanguard Selected Value fund as of October 2011 are Royal Caribbean Cruises Ltd, Constellation Energy Group Inc, Yamana Gold Inc, Discover Financial Services, Coventry Health Care Inc, Goodrich Corp, International Game Technology, Wills Group Holdings PLC, CenterPoint Energy Inc and Capital One Financial Corp.
Please check the article here.
December 2, 2011
Vanguard Balanced Index Fund Admiral Shares VBIAX
Balanced mutual fund is one of the most popular mutual funds for long term investor. This hybrid fund invests its assets in bond and stock. One of the top rated balanced funds is Vanguard Balanced Index Fund. More details about the fund review is described below.
Vanguard Balanced Index Fund Admiral Shares (VBIAX)
The investment objective of this Vanguard Balanced Index Fund is to track the performance of a broad, market-weighted bond index and a benchmark index that measures the investment return of the overall U.S. stock market. With about 60% of assets, it seeks to track the investment performance of the MSCI US Broad Market Index. The fund also seeks to track the investment performance of the Barclays Capital U.S. Aggregate Float Adjusted Index with 40% of assets.
Fund Details
Vanguard Balanced Index Fund Admiral Shares (VBIAX)
The investment objective of this Vanguard Balanced Index Fund is to track the performance of a broad, market-weighted bond index and a benchmark index that measures the investment return of the overall U.S. stock market. With about 60% of assets, it seeks to track the investment performance of the MSCI US Broad Market Index. The fund also seeks to track the investment performance of the Barclays Capital U.S. Aggregate Float Adjusted Index with 40% of assets.
Fund Details
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| Vanguard Balanced Index fund |
- Fund Inception Date: November 13, 2000
- Ticker Symbol: VBIAX (Admiral Shares)
- CUSIP: 921931200
- Beta (3yr): 0.95
- Rank in category (YTD): 8 %
- Category: Moderate Allocation
- Distribution: 2.39%
- Capital Gains: 0%
- Expense Ratio: 0.12%
- Net Assets: $ 11.12 billion
- Number of Years Up: 7 years
- Number of Years Down: 3 years
- Average Duration: 7.3 years
- Average Maturity: 5.1 years
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