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ADVDX and PRPFX
dbcooper 05-11-2008, 10:19 AM | Post #2516721 |  3 Replies
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I am a Fidelity Brokerage account holder. I bought ADVDX when it was NTF (no transactyion fee) at Fidelity. It has since changed to a fee fund. I don't add any new money to the fund so I won't experience the transaction fee of $75. Fidelity reinvests the monthly dividend free of charge. This dividend averages $12 a month with every third month being around $65. Must be the dividend and cap gains. My question really is if I should exchange ADVDX for PRPFX. PRPFX is very attractive. Ranked 2nd in trailing total returns for the Year-to-date and 1st for the 1,3,5, and 10 year periods though the fund hasn't been in existence 10 years. This is all weighted against the Conservative Allocation category. I'm wondering if the total return of PRPFX will outpace the monthly dividend reinvestment of ADVDX. Any opinions will be appreciated and yes it will fit my long term portfolio just fine. My Fidelity Roth IRA is my "other" account monies. My employer sponsored 401k is comprised of Vanguard mutual funds and where my core is. Thank you for any help in helping me figure out which fund will be financially more profitable in the future years.
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Re: ADVDX and PRPFX
maruyamakiyoshi 05-11-2008, 5:50 PM | Post #2516874
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DB,

I noticed your same question at a different thread on WMRIX earlier. I believe those who are interested in income/dividend stream are very much interested in ADVDX like high dividend funds. You may get valuable response/comments/feedback had you posted your question at different forum such as "Investing during retirement" and/or "Income and dividend investing" IMO.

Another approach is to search topics on PRPFX and ADVDX, insert these names separately into a box usually apprear at top right of the forum page, and you will get a tons of opinions.

If you run the M* X-ray (though some people may say the result won't be accurate) on ADVDX and PRPFX separately, you will see big difference on their holdings. ADVDX is more like a global stock funds with strong interests in dividend while PRPFX invest heavily in US Treasuries, gold, etc. Fundsnapshot at Smartmoney.com allows one to compare funds returns up to last 10 years, if you are interested in the past returns. 

I believe, each will fit into one's port depending on the objective. For example, I am not interested in any yield/dividend so I would take PRPFX over ADVDX. JMO. KM

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Re: ADVDX and PRPFX
ajwells 05-12-2008, 4:07 PM | Post #2517160
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Keep in mind a new investment in PRPFX is a strong bet on gold going far beyond its recent highs after a long run... at a time in which many investors far smarter than you are betting that gold will return to its mean... you are really buying an asset at a potential high point which of course you dont want to do...

Adding precious metals to a portfolio is not a bad idea, but as always entry points are important and its hard to argue that now is a good time to chase the recent highs... perhaps study the PRPFX portfolio and design your own portfolio around the idea of highly uncorrelated asset classes?

No one with any investing knowledge or common sense would invest in ADVDX...  its premise and execution are capital destructive as time is now bearing out... and of course those two funds are in no way comparable or peers... 

Study PRPFX but look at gold's moving averages to give you an idea of when you might want to enter

Ajw 

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Re: ADVDX and PRPFX
dbcooper 05-16-2008, 7:08 PM | Post #2518697
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I exchanged ADVDX for Janus Global Research (JARFX) today. I feel there is alot more room to grow in the Global world than in the gold world. Thanks for the replies posted.
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