PIMCO StocksPLUS TR Short Strat Instl PSTIX
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Pimco Fundamental Index "PLUS" Funds
… indexes. Here's a selection, sorted by Inception Date: PSTIX Inverse S&P 500 July 2003 S&P 500 (Inverse) PXTIX US Large ..... Market funds have at least a three year record. Inverse Fund PSTIX (PSSDX) has been used as a hedge for years by various M …
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2012 Money Management Challenge
… 10% Capecod CEF FI Strategy 10% Anil Energy Strategy 10% PSTIX Pimco Short Strategy 10% 100% ... assuming that I can get ..... which would have been the kiss of death.) Treasuries and PSTIX will be FI-based hedges that should zig when stocks zag and …
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Current Portfolio and YTD Returns
… BERIX 10.0 HABDX 10.1 PAUIX 10.1 VWIAX 10.2 PSAIX 5.0 PSTIX 5.1 While I have made some changes to this portfolio since ..... year, my YTD return is 1%. I am considering removing the PSTIX hedge, but still feel very uncomfortable with how the euro …
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To answer Luddite's question regarding PSTIX hedge
… asked me: Cherie, You mention, "Total PSTIX position now hedges about 15% of US equity ..... position that is hedged based on the qty of PSTIX bought. Please do this in a separate posting ..... Thank You. Luddite Hi Luddite, My total PSTIX investment in dollars is $49k. My aggregate …
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R48 on WHAT TO DO NOW; AUG 3 MARKET
… I don't presently incorporate any hedging into my shared portfolios, I have owned TLT , 20 year treasury bond fund, and PSTIX , Pimco short fund, which tends to move the inverse of the market. Each are zooming upward, hedging as desired, a smaller …
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PIMCO Fundamental Advantage Total Return
… the relative merits of PIMCO StocksPLUS TR Short Strategy ( PSTIX ), a bear market fund also managed by Gross, which is another ..... years PFATX 12.62% +2.89% +6.89% +10.28% N.A. PSTIX 1.45% - 4.47% - 7.61% +1.18% +3.13% http …
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Time For PSTIX (PSSDX)?
With the current bull market seemingly tiring out, is this the time to do some hedging with PSTIX (PSSDX)? From a price of ~5.35 in July-August, it is now 4.33 representing almost a 20% decrease. I'm thinking about it. Gene
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Instead of selling bond funds?
… just for good measure. Eureka, I think I've found it! Hmmmm??? If only Arnott could use Pimco's S&P500 Short fund PSTIX to protect against serious market downturns, and maybe use a bit of leverage to tweak up returns when it looks like a good …
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Follow-up from Buy/Sell/Why on Hedging
… PSSDX hedge and began pyramiding up into various funds I’ve selected to meet my AA goals. R48 from another thread: Reduced PSTIX hedge about two weeks ago by 2/3ds. and from me: Rickrmf: in Sept, sold all of my small PSSDX, Pimco Short Fund, based …
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TGBAX/TTRZX vs PAUDX
My current (and soon to be) portfolio...(rounding up) 40% World allocation and Pacific/Asia - IVWIX, SGIIX, MAPIX 10% US allocation - ICMBX 10% All cap US stock - NSEIX 15% Safe bond - DBLTX 10% EM bond - DBLEX 10% ???...TGBAX/TTRZX or PAUDX Xray says equities 45-47% but considering 20% (DBLEX, TGBAX) in higher risk bonds I will rate it at 55% equities. Equities- 25-27% Foreign and 20% US ================================= Let's start from TGBAX vs TTRZX. They are both managed by Hasenstab. Their portfolio is close but TTRZX has more broad mandate and can hold both corporate and sovereign bonds...looking deeper into both... TTRZX is more diversified (twice holdings as TGBAX), more investment options, smaller turnover, shorter duration and performed better ...see chart ================================= Now to the more interesting question...TGBAX/TTRZX vs PAUDX. I will compare TGBAX to PAUDX since it has more history...I like them both and think both managers are great. And no...I'm not going to buy both...only one of them. TGBAX is a world bond with about 50% EM bonds and playing on currencies PAUDX is basically a world bond fund too (even if M* calls it world allocation), it's a fund of funds but can change %, it looks like it has more tools, the main one is PSTIX /PSSDX - shorting the SP500+more. The main advantage or not is how Arnott use these funds. Deeper...it's hard to use M* to compare since category is different but I need to find the best risk/reward fund. 1. SD ...PAUDX 12.4...TGBAX 9.5...TGBAX better Using smart money to see how both rate VS SP500 (this way I can compare the 2 better) 2. Beta ... PAUDX 0.39... TGBAX 0.28...TGBAX better 3. Alpha ...PAUDX 0.89...TGBAX 1.14...TGBAX better 4. Bear market ...PAUDX 1...TGBAX 3...PAUDX better 5. performance...2006...2007...2008...2009...YTD PAUDX..................2.4......9.4..... -7.5 ......19.0.....8.4 TGBAX.................13.7.....11.3.... +6.5 .....19.2.....8.2 Clearly TGBAX is more consistent but Arnott got better 6. Volatility/risk since I can't use M*...let's look at charts 3 yr - TGBAX better............ YTD - no question PAUDX is better 7. Expense ...PAUDX 1.4-1.5%...TGBAX 0.67...TGBAX much better 8. I can purchase all 3 funds at WT IRA for low min. Bottom line: tough decision...both great managers. but 1. PAUDX has more tools. If Arnott use them right it may be better 2. Since I have already EM bond and TGBAX has a lot EM bonds (about 50%)...PAUDX looks like a better diversifier. 3. PAUDX ER is upsetting but it's the cost of shorting. Comments please.