It's the worst year in a big way. |
Leverage has been a profitable trade in the past and it has allowed many closed-end funds to deliver very compelling yields, but the risk is your total return could suffer. Leverage can cut both ways; it can magnify your gains but it can also accentuate your losses. ... On the flip side, if you are delving into these more unusual strategies, one could argue the closed-end format lends itself to them pretty well, because your manager is not having to redeem shares everyday. |
People had come to expect the world of them. (They're) a little disappointed. |
Some at Fidelity in top management view it as a concern. |
That's what we've been telling investors all along. |
The choice is an inspired one. |
The predicament is not particular to (Janus) in any way. |
They rack up records and don't get noticed. |
They're not chartbusters, and that's what gets funds noticed, ... (But) there are plenty of funds that haven't garnered a lot of assets and are good investment vehicles all the same. |
They're not chartbusters, and that's what gets funds noticed. (But) there are plenty of funds that haven't garnered a lot of assets and are good investment vehicles all the same. |
We continue to believe that mutual funds run by such shareholder-friendly firms represent worthwhile investment opportunities for most investors. |
We're hearing from a lot of value-oriented managers that they're taking this opportunity to move into stocks with growth prospects. My goodness, Cisco is in the portfolio right now, which isn't something that Windsor shareholders might be expecting. |
We're still testing new lows. |
You don't want a fund that had its best years with $5 million in assets. |