Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Lauricella Places Managed-Payout Funds Under the Microscope Not Rated 1.0 Email Routing List Email & Route  Print Print
Monday, July 19, 2010

Lauricella Places Managed-Payout Funds Under the Microscope

News summary by MFWire's editors

In an article published over the weekend, The Wall Street Journal's Tom Lauricella examines managed-payout mutual funds.

He writes that the stock market collapse in 2008 and early 2009 prompted Vanguard to cut payouts on its funds. For instance, payouts on the Distribution Fund and Growth & Distribution Focus Fund have been reduced by 24 percent, while the payout on the Growth Focus Fund was slashed by 25 percent.

Lauricella also cast his gaze upon Fidelity, whose funds, he notes, "take a different approach, but the outcomes have been similar." The Fidelity Income Replacement 2016 Fund, for instance, will have a payout of 15.23 percent this year, compared to 13.5 percent in 2009.

As for managed-payout funds that didn't have to cut distributions, Lauricella points to John Hancock's Retirement Distribution Portfolio and Retirement Rising Distribution Portfolio as examples of products that did not reduce payouts.

He also mentions Schwab's Monthly Income Funds, which have a heavy weighting in bond funds. 

Edited by: Armie Margaret Lee


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

1.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use