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PRPFX -6.58% YTD, 4x4 +6.69% YTD
Posted: Tue Mar 08, 2016 9:16 am
by Tom
Am I correct that PRPFX is really down 6.58% YTD? My personal 4x4 is positive about 6.69% YTD as of right now. That is a huge difference. Any idea why it's doing so much worse? Almost makes me question if I'm tracking mine correctly - everyone else is up 6-7% right?
Re: PRPFX -6.58% YTD, 4x4 +6.69% YTD
Posted: Tue Mar 08, 2016 9:29 am
by Tom
As I look at it more I get all kinds of weird percentages. A simple google search pops up with a chart and underneath it says YTD is -6.58%.
Yahoo Finance says positive 3.15% LINK:
http://finance.yahoo.com/q?s=PRPFX
Morningstar says positive 6.34% LINK:
http://www.morningstar.com/funds/XNAS/PRPFX/quote.html
Re: PRPFX -6.58% YTD, 4x4 +6.69% YTD
Posted: Tue Mar 08, 2016 11:49 am
by mukramesh
Eh? Google Finance shows +6.19% YTD
https://www.google.com/finance?q=MUTF%3 ... 2AaAg5HwBQ
Not sure why Google Search shows -6.58%.
Re: PRPFX -6.58% YTD, 4x4 +6.69% YTD
Posted: Tue Mar 08, 2016 1:52 pm
by Tom
Didn't catch that asterisk - that explains it!
Re: PRPFX -6.58% YTD, 4x4 +6.69% YTD
Posted: Tue May 31, 2016 8:18 am
by AdamA
The thing is a lot of the financial sites like googlefinance.com don't take into account the end of year distribution. So what happens is shareholders get a payout, and then the price of the fund drops. If you re-invest the payout, you'll own more shares of PRPFX, but at a lower price.
If you look at the chart without considering this, it will look like the fund is taking a beating when in reality the distribution is just being left out.