Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: lisalisalisa who wrote (3409)	8/11/2003 11:20:05 PM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 4905

Well, thanks anyway... <g> Here's a current quote on QRACX: finance.yahoo.com Morningstar isn't enamored of this fund... quicktake.morningstar.com And the fees are rather high, in my opinion... quicktake.morningstar.com And they hold a ton of debt instruments. I don't see a commodity play in any of the top 25 holdings, though Morningstar classifies the fund as "Specialty- Natural Resources"... quicktake.morningstar.com moneycentral.msn.com The portfolio allocation shows it as being 55.7% cash, 43.8% bonds and 0.4% "other", which I guess is where any commodities holdings might be found... The portfolio turnover rate is 49%, which means the fund is actively managed, and therefore by design will incur higher operational costs than an index fund. Here's the fund's returns. Note the after-tax returns, presuming that your intended use of this fund will be in a taxable account. quicktake.morningstar.com Here's the Morningstar rankings for the fund. Note that in a bear market, this fund is (projected) in the lowest 1% decile. quicktake.morningstar.com Hmmm... Business Week indicates that the x-dividend date (I wonder if that's the distribution date or just an error) is 8/11, so it might be wise to wait until after any distributions so that you're not paying taxes on money you just paid into the fund... host.businessweek.com KJC