U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Retirement
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 12-23-2016, 06:53 AM
 
Location: Ypsilanti, MI
2,450 posts, read 3,670,532 times
Reputation: 4835

Advertisements

Vanguard Wellesley has $49 Billion in assets which must be invested in the market. It is difficult to invest that much money in only the highest quality investment choices while still being nimble with investment sales and purchases. The mutual fund newsletter to which I subscribe ranked this fund 24th out of 43 tracked offerings in the Balanced Fund category at the end of September (I can't find the more recent editions right now). It is also the single largest Balanced Fund tracked by this advice letter.

Conversely, the highest rated fund in this category has $14 Billion in assets to manage. Meaning they don't have to go as far down the rankings of available investment choices to stay fully invested.

Size can be good, but sometime being too big can be a detriment.

Last edited by MI-Roger; 12-23-2016 at 07:08 AM..
Reply With Quote Quick reply to this message

 
Old 12-23-2016, 07:20 AM
 
71,703 posts, read 71,829,507 times
Reputation: 49273
that is why many funds close .
Reply With Quote Quick reply to this message
 
Old 12-23-2016, 10:20 AM
 
14,264 posts, read 24,009,233 times
Reputation: 20092
Quote:
Originally Posted by mathjak107 View Post
that is why many funds close .
The last time I checked, Vanguard Wellington was closed to NEW investors. Those of us who have held the fund for 20+ years are able to make additional contributions.
Reply With Quote Quick reply to this message
 
Old 12-23-2016, 12:47 PM
 
71,703 posts, read 71,829,507 times
Reputation: 49273
that is always the deal when funds close
Reply With Quote Quick reply to this message
 
Old 12-23-2016, 01:14 PM
 
Location: SoCal
13,252 posts, read 6,345,210 times
Reputation: 9873
Quote:
Originally Posted by jlawrence01 View Post
The last time I checked, Vanguard Wellington was closed to NEW investors. Those of us who have held the fund for 20+ years are able to make additional contributions.
I think your post is misleading. My daughter was able to purchase Wellington fund recently because she has a Vanguard account.
Reply With Quote Quick reply to this message
 
Old 12-23-2016, 01:28 PM
 
29,784 posts, read 34,885,423 times
Reputation: 11710
Quote:
Originally Posted by jlawrence01 View Post
The last time I checked, Vanguard Wellington was closed to NEW investors. Those of us who have held the fund for 20+ years are able to make additional contributions.
A couple of things for readers. First be sure to realize and distinguish when folks are talking about Wellington v Wellesley. Also was Wellington closed to all new investors or just institutional investors? Also even if closed I am not sure I have read about funds distinguishing future investment rights based on length of owning a fund.
Reply With Quote Quick reply to this message
 
Old 12-23-2016, 01:49 PM
 
71,703 posts, read 71,829,507 times
Reputation: 49273
it is funny because i still have 3 bucks left from years ago when fidelity growth company was part of the model . today i can buy all the shares i want since my account is "active"
Reply With Quote Quick reply to this message
 
Old 12-23-2016, 02:00 PM
 
29,784 posts, read 34,885,423 times
Reputation: 11710
Quote:
Originally Posted by mathjak107 View Post
it is funny because i still have 3 bucks left from years ago when fidelity growth company was part of the model . today i can buy all the shares i want since my account is "active"
Yesss and reason with Fidelity in a 401/403 to be very careful completely closing a fund. There is usually no fund minimum. With ours we can buy any Fidelity fund included in our plan regardless of it being open or closed or already owned. We have a choice of about 192 funds the last time I checked. My after tax account is another story.
Reply With Quote Quick reply to this message
 
Old 12-23-2016, 02:22 PM
 
71,703 posts, read 71,829,507 times
Reputation: 49273
wellesley has been using a barbell with about 45% of their bonds in short term bonds and 33% in long term bonds . they were over 50% long term bonds when the slide happened . that wiped away quite a bit of gains from the stock side .

a lot of strategy's use this style of handling bonds once the selling eases .

it gives you a higher yield at times than a total bond fund with a 6-7 year duration and carry's a lot more ooomph to lift the portfolio up when stocks take a hit .

i recently started to use it myself by going 50/50 pimco mint and TLT with the bond money,in one of the models i am trying out .

Last edited by mathjak107; 12-23-2016 at 03:04 PM..
Reply With Quote Quick reply to this message
 
Old 12-23-2016, 03:46 PM
 
29,784 posts, read 34,885,423 times
Reputation: 11710
One of the things Wellesley owners can do is to log in and look at not just their overall gain or loss but the monthly results over time along with their contributions. Did you buy high or low over a specific time period.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Retirement
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top