Hi Ben,
2008 Results*(-4.53%)
*Results of net of all fund expenses and 401k plan administration fees (see below).
Long-Term Results (as of 06/30/2008)
| 1 Year | 3 Years | 5 Years |
Annualized Return | -5.27% | 5.65% | 8.45% |
Standard Deviation | 10.57% | 7.82% | 7.21% |
Sharpe Ratio (Ex-Post) | (0.73) | 0.24 | 0.75 |
Fund Contributions in June 2008
June 2008 contributions were as follows: OYRDX (100%).
Projected Fund Inflows for July 2008
Currently July 2008 401k contributions will be allocated to MISLX (93%), MIEDX (4%), and OYRDX (3%) to get my fixed income, large cap value and international stocks closer to their targets. All allocations (except Small Cap Value) are within the 5/25 rule as shown on following table.
Portfolio as of July 1, 2008
ASSET CLASS | Current Allocation | Target Allocation |
Fixed Income | 32.20% | 30.00% |
MM Inflation Protected Bond (MIPYX) | 20.12% | |
Vanguard Inflation-Protected Securities (VIPSX) | 1.91% | |
MM Premier Strategic Income (MISLX) | 9.62% | |
State Street Money Market (SSMXX) | 0.57% | |
US Large Cap Value | 7.24% | 7.50% |
Vanguard Value Index (VIVAX) | 6.12% | |
Oppenheimer Rising Dividends (OYRDX) | 1.11% | |
US Large Cap Blend/Growth | 7.80% | 7.50% |
Fidelity Contrafund (FCNTX) | 7.80% | |
US Mid/Small Cap Value | 5.94% | 7.50% |
Vanguard Small Cap Value (VISVX) | 5.94% | |
US Mid/Small Cap Blend/Growth | 7.87% | 7.50% |
MM Small Cap Growth Equity (MSGSX) | 0.00% | |
T Rowe Price New Horizons (PRNHX) | 6.06% | |
Vanguard Mid Cap Index (VIMSX) | 1.81% | |
Real Estate Investment Trust | 19.29% | 20.00% |
Vanguard REIT Index (VGSIX) | 19.29% | |
International | 19.66% | 20.00% |
Vanguard International Value (VTRIX) | 9.67% | |
Vanguard Total International Index (VGTSX) | 9.99% | |
YTD Returns of Currently Held Funds
Vanguard Inflation Protected Securities (VIPSX) | 5.16% |
MassMutual Premier Inflation-Protected Bond (MIPYX) | 4.55% |
MassMutual Premier Strategic Income (MISLX) | 1.34% |
Vanguard Value Index (VIVAX) | -14.64% |
Oppenheimer Rising Dividends (OYRDX) | -9.25% |
Fidelity Contrafund (FCNTX) | -8.27% |
Vanguard Small Cap Value (VISVX) | -10.07% |
Vanguard Mid Cap Index (VIMSX) | -7.90% |
T Rowe Price New Horizons (PRNHX) | -10.89% |
Vanguard REIT Index (VGSIX) | -3.38% |
Vanguard International Value (VTRIX) | -9.67% |
Vanguard Total International Index (VGTSX) | -10.91% |
CURRENT PORTFOLIO STATS (M* X-Ray)
Equity Style Box
| Value | Core | Growth |
Large Cap | 18 | 20 | 13 |
Mid Cap | 9 | 16 | 6 |
Small Cap | 7 | 7 | 4 |
Bond Style Box
77% Long-Term High Credit Quality
23% Intermediate-Term Medium Credit Quality
Yield (3.62%)
Expenses (0.16% 401k Plan wrap fees + 0.46% fund expenses)
P/E Forward Ratio (15.45)
P/B Ratio (1.91)
ROA (6.30)
ROE (17.40)
ASSET ALLOCATION (M* X-Ray)
ASSET CLASS | Current Allocation | Target Allocation |
Cash | 3.92% | 0.00% |
US Stocks | 44.83% | 50.00% |
Foreign Stocks | 20.82% | 20.00% |
Bonds | 28.49% | 30.00% |
Other | 1.94% | 0.00% |
Not Classified | 0.00% | 0.00% |
Best wishes,
Bill
