What happened today?

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jackely

What happened today?

Post by jackely » Wed Dec 07, 2011 5:56 pm

Today was a rare day when all 4 sectors of the HB PP showed slight gains.

But PRPFX was down 1.2 %

Anybody know why?

Whatever it is, it is causing me dislike this fund more and more.
BRESLOW
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Re: What happened today?

Post by BRESLOW » Wed Dec 07, 2011 7:11 pm

The fund paid a dividend of $.72.  $.42 ordinary income and $.30 in capital gain.  Your account will show dividend in a day or two,or if you request, they will mail you a check. Relax and enjoy the ride.
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AdamA
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Re: What happened today?

Post by AdamA » Wed Dec 07, 2011 8:55 pm

jackh wrote: Whatever it is, it is causing me dislike this fund more and more.
What's not to like?

Image
Last edited by AdamA on Wed Dec 07, 2011 8:56 pm, edited 1 time in total.
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MachineGhost
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Re: What happened today?

Post by MachineGhost » Wed Dec 07, 2011 10:33 pm

The nearly 60% drop in 2008?  PRPFX by itself is no PP.  It is too overweighted to commodities.  I used to own it in 2006-2007 and sold it for bonds before we went into the recession.
Adam1226 wrote:
jackh wrote: Whatever it is, it is causing me dislike this fund more and more.
What's not to like?

Image

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Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
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AdamA
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Re: What happened today?

Post by AdamA » Wed Dec 07, 2011 10:50 pm

MachineGhost wrote: The nearly 60% drop in 2008?  
It dropped from like 38 to 29 in 2008 (briefly).  Definitely not 60%. 
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MachineGhost
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Re: What happened today?

Post by MachineGhost » Thu Dec 08, 2011 4:35 am

Maybe not 60%, but doesn't the chart show that it dropped from 110% to 60%?  That's a 50% loss, still pretty severe!
Adam1226 wrote:
MachineGhost wrote: The nearly 60% drop in 2008?  
It dropped from like 38 to 29 in 2008 (briefly).  Definitely not 60%. 

"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
jackely

Re: What happened today?

Post by jackely » Thu Dec 08, 2011 6:57 am

BRESLOW wrote: The fund paid a dividend of $.72.  $.42 ordinary income and $.30 in capital gain.  Your account will show dividend in a day or two,or if you request, they will mail you a check. Relax and enjoy the ride.
Thanks for the explanation. Sounds like taxable income and if so, an unexpected Christmas gift.
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Re: What happened today?

Post by Ad Orientem » Sat Dec 10, 2011 12:29 am

TennPaGa wrote:
Clive wrote: Yes that chart from Yahoo does give the illusion that at one time it was at 115% and later fell down to 60% making you somewhat deduce that it lost -55%, BUT the chart starts from a PRPFX price of around 18 and the 115% up implies that the price had risen 2.15 times (gain factor) to 2.15 x 18 = 38.7

Later it was only up 60% from that 18 start value = 1.6 gain factor x 18 = 28.8

The drawdown was therefore closer to something like $28.8 / $38.7 = 0.744 factor or around -25%

I've not used precise figures here, but they're close enough i.e. the actual MaxDD was -27.16%
To say the same thing a little differently...

Note that the starting y-axis value is 0%...  The chart is a plot of return on investment, not value.  So when return goes from 110% to 60%, value has gone from 210% to 160%, which is a drawdown of 24%. 
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stone
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Re: What happened today?

Post by stone » Sat Dec 10, 2011 3:26 am

There is no Nobel Prize for mathematics. Nobel's wife ran off with a mathematician so he expressly excluded maths :) .
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