Barron’s Funds Quarterly (2022/Q1–April 11, 2022)
Apr 9, 2022 12:13:55 GMT
Capital and oldskeet like this
Post by yogibearbull on Apr 9, 2022 12:13:55 GMT
Pg L3: Funds for INFLATIONARY times:
Real-Assets: AAAX, PZRMX, GSG
Equity: ACSTX, FLCSX, IWM
Bonds: DODIX, FTHRX, VIPSX, PRFRX, SRLN
Savings I-Bonds
Pg L7: Data on the disaster in bond funds notes outflows and sharp declines: Treasury TLT -10.9%, corporates LQD -8.7%, total bond market VBMFX -6.5%, muni MUB -5.7%, HY HYG -5.4%. Data on several poorly performing equity funds is also provided (growth, international, China, emerging markets).
Pg 16 (Better fit here): There are opportunities after an epic selloff in BONDS. Lot of rate hikes ahead may be in the market as the FED has been talking aggressively. Bonds may also be attractive for those who think that core inflation will come down later. But be careful as actual monetary tightening has barely started.
Munis: VWITX, BTT, NEA
Treasuries: SHY, TLT, TIP; Savings I-Bonds
Corporates: PRCIX, MDFIX (mostly CEFs), VCSH, AGG
HY: PRFRX, HYG, BXSL
Preferreds: PFF; individual JPM-M, Qrate-P
Convertibles: PACIX, CWB
Pg L34: In 2022/Q1 (SP500 -4.60%): Among general equity funds, the best was mid-cap-value -0.23% (yes, negative) and the worst were MC-growth -13.62%, multi-cap-growth -12.69%, small-cap-growth -12.52%; ALL categories were negative. Among other equity funds, the best were natural resources +32.98%, Lat Am +22.47%, precious metals +13.71% and the worst were China -19.22%, Japan -13.19%, science & technology -13.12%, global multi-cap-growth -13.08%. Among fixed-income funds, domestic long-term FI -4.10%, world income -6.17% (not very refined in Lipper mutual fund categories listed in Barron’s).
LINK
Real-Assets: AAAX, PZRMX, GSG
Equity: ACSTX, FLCSX, IWM
Bonds: DODIX, FTHRX, VIPSX, PRFRX, SRLN
Savings I-Bonds
Pg L7: Data on the disaster in bond funds notes outflows and sharp declines: Treasury TLT -10.9%, corporates LQD -8.7%, total bond market VBMFX -6.5%, muni MUB -5.7%, HY HYG -5.4%. Data on several poorly performing equity funds is also provided (growth, international, China, emerging markets).
Pg 16 (Better fit here): There are opportunities after an epic selloff in BONDS. Lot of rate hikes ahead may be in the market as the FED has been talking aggressively. Bonds may also be attractive for those who think that core inflation will come down later. But be careful as actual monetary tightening has barely started.
Munis: VWITX, BTT, NEA
Treasuries: SHY, TLT, TIP; Savings I-Bonds
Corporates: PRCIX, MDFIX (mostly CEFs), VCSH, AGG
HY: PRFRX, HYG, BXSL
Preferreds: PFF; individual JPM-M, Qrate-P
Convertibles: PACIX, CWB
Pg L34: In 2022/Q1 (SP500 -4.60%): Among general equity funds, the best was mid-cap-value -0.23% (yes, negative) and the worst were MC-growth -13.62%, multi-cap-growth -12.69%, small-cap-growth -12.52%; ALL categories were negative. Among other equity funds, the best were natural resources +32.98%, Lat Am +22.47%, precious metals +13.71% and the worst were China -19.22%, Japan -13.19%, science & technology -13.12%, global multi-cap-growth -13.08%. Among fixed-income funds, domestic long-term FI -4.10%, world income -6.17% (not very refined in Lipper mutual fund categories listed in Barron’s).
LINK
