PRPFX -6.58% YTD, 4x4 +6.69% YTD

[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?

[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

[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%.

[Tom]

Eh? Google Finance shows +6.19% YTD
https://www.google.com/finance?q=MUTF%3 ... 2AaAg5HwBQ

Tom got the 3.15% number from the front page of his link:

http://finance.yahoo.com/q?s=PRPFX



... which not YTD, but "YTF29" ("through February 29").

Didn't catch that asterisk - that explains it!

[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.