PSLDX
PIMCO STOCKSPLUS LONG DURATION FUND INSTITUTIONAL
Mentions (24Hr)
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Were todays blue chips (AAPL, TSLA, FB, etc. ever in small cap funds?
Mentions
Correct and thats why I dropped PSLDX
I need recommendations for a new broker. Have funds at ibkr but their mobile interface and customer service are horrible. I do most of my trading on mobile as I don't have a desk job so I would like a reliable mobile interface. I do PMCC so I need to be approved for options level 3 if there is a broker that is ... lenient (? Not sure if that is the right word...) I also would like to invest in PSLDX but different brokers have different minimum buy ins, ibkr is 1 million so that's a no go. Currently use etrade on my other account and I don't mind them but didn't get approved for level 3 so need another option if my appeal is denied. Lastly I only do a few trades a month but reasonable fees would be a bonus. Anyone have a good recommendation?
PSLDX degen .. god I hate these boglehead Tier tech 2 firm employees who them come here. come on bro. Buy VTI on margin, not PSLDX.
PSLDX is a mutual fund that does similar, can confirm it got wrecked in 2022 with less leverage.
Look into PSLDX and the other StocksPlus funds
Oh yeah, IRA returned 34% which is 65% PSLDX and 35% AMZN. I plan on liquidating AMZN to PSLDX at some point.
The negatives I see are (1) expense ratio compared to a plain SP 500 fund, (2) the cost of leverage is currently high (over 5%) and the rate for most of your backtest would have been much lower, (3) volatility has a bigger effect on your returns, and (4) the drawdowns are brutal. The drawdown in 2008 was in the upper 80%. I seriously doubt anyone would have watched $100k go to $15k while listening to the doom and gloom on the news and held through that. I don’t necessarily think it’s a bad idea, I personally hold PSLDX, but I think you need to hedge. Add in some treasuries, managed futures, and maybe gold to make the drawdowns hurt less and allow you to rebalance and buy more SSO when it’s down.
I own PSLDX in my 401k so I'm already up to the hilt in bonds
I undertstand why portfolio insurance, without other context, makes you think of a risk averse investor. Back in 2022 Q4 I recall holding put options waiting for an inflation print. In my rough estimation, the odds were good I'd take a beating - very low chance to profit off my puts. I can't sell options in the pre-market... so I hedged my put option exposure with opposite 3x ETFs, like buying UPRO to prevent losses in my SPY puts. It worked - I avoided losses, but my broker marked me as a "pattern day trader" for churning my portfolio. I'd say my risk tolerance is higher than most investors. (But not compared to options day traders) What I lack is confidence in my thesis. That's why I want protection from market drops while participating in upside. According to JHEQX's website, it is a mutual fund. They charge a 5.25% load for class A shares, and 12b-1 fees for all classes. I'm not interested in their selection of large cap stocks, and almost never buy mutual funds. "Almost" because I make an exception for PSLDX, which had a similar drawdown in GFC (2008) as S&P 500, despite leverage.
PSLDX is an equity fund with a fixed income overlay. You asked whether fixed income active management outperformed passive management. PSLDX cannot answer that question. The answer, though, is yes, unequivocally, bond indexes are extremely easy to beat. It doesn't even take skill. Just overweight credit. Security selection is a lot harder, so consistently outperforming an investment grade corporate fund by only buying in-benchmark bonds is harder and would require skill. Still very doable and I worked on systems that did exactly that.
Can you point to any data that suggests that active management of bond funds outperforms passive funds? Looking at PSLDX, Bogleheads was able to construct a similar profile with Vanguard funds that was pretty neck-and-neck performance- and volatility-wise.
I think owning broad index is a mistake at the moment. Current S&P500 earnings yield + dividend is about equal to the risk free return on t bills/SGOV. I would put a higher % of your portfolio in SGOV. Amazon, Apple, Microsoft, and Berkshire are trading at a premium. I would say hold if you're already up quite a bit but I wouldn't consider them current buys. If these are recent buys I would considering selling for a risk free return. I can't speak to your YOLO or PLTR because it is way outside my confidence. If you feel comfortable these will return well above the risk free rate then continue to hold. I tried looking up PSLDX and it wasn't clear to me what it even is. S&P 500 derivatives, such as futures and swaps. I couldn't find specifically what the fund holds. This sounds risky.
Sounds like you're a bit all over the place. I'd say choose a fundamental strategy and stick with it, and view the portfolio holistically. Was not suggesting replacing PSLDX. I like the fund. Valuations do indeed favor international at the moment but I don't try to time things. I invest globally to begin with for the diversification aspect.
On "dip buying", to be clear, I buy VTI when I get my paycheck every 2 weeks. I sell that VTI to buy higher volatility big tech making sure I sell lots that have unrealized losses. So instead of PSLDX or HFEA, are you saying I should just straight up TQQQ and/or UPRO?
>I'm 35 so in 20 years it could be significant money, or nothing. Which is why, again, it makes little sense to hold T-bills plus long bonds, unless the T-bills are your emergency fund, but it doesn't sound like that's the case. Bond duration shorter than the investing horizon just means you're trading price risk for reinvestment risk. Yield curve won't stay inverted forever. "Dip buying" as a strategy *per se* [is an objectively terrible idea](https://www.optimizedportfolio.com/dca/#a-brief-note-on-%e2%80%9cbuy-the-dip%e2%80%9d). >5% PSLDX because my Roth account 5% of my net worth. Ah gotcha. Carry on. \-- I also forgot to ask where's international?
VTI already 30% tech. Why concentrate in it further? Why only 5% PSLDX? View the portfolio holistically. Doesn't make much sense to also hold cash. See above. Waiting to "buy the dip" is severely suboptimal.
Ideally, it should be done using futures to minimize decay and avoid high expense ratio. If nobody got time for that, then I guess it’s not bad. I would use PSLDX or NTSX if 3x leverage isn’t for you. The main risk of this strat is correlation of stock bond going to 1 and rising interest rate…….. crap
Full gaz FIRE. Have been on the Boglehead approach since 2010. 35 and targeting 40 for RE. We have started to shift from growth to income (options). Our growth in tax deferred is done. We can coast. I want a minimum floor of income as the first stage gate. It started with EE bonds, but that was quickly dismissed. Then I went to PSLDX and the leveraged funds that write crazy dividends. Also dismissed. I've landed on sound options strategies: covered calls (JEPI/,JEPQ) and writing my own puts on SPX via ERN approach.
Futures or non-daily reset leverage funds (NTSX, PSLDX, DXSLX, DXQLX) would be the only options you couldn’t find with the default plan options.
Anyone buying PSLDX for their roth IRA?
Slowly build a diversified portfolio of high quality, well-managed growth and dividend stocks. Be content with 5-6% and let it compound. Don’t fear the K-1. Example: EPD, USAC (energy, but not commodity price dependent, solid needed services); MO (dividends not going to grow unless weed gets legalized nationally, which can only happen if people stop voting for Republicans); KO (61 years of increasing the dividend. Think about that); HD, ABBV, some preferred REITS like RITM Preferred D; SCHD and SO. Looks like a good entry point for PSLDX below $5. Get rich over the next few decades.
My losses: about $100k in PSLDX, across Roth IRAs and 401k. I'm sticking with it, though. The losses on the bond side are also a setup for future gains.
PSLDX is down about 40% YTD, so that. Most of my actual stock picks are roughly in line with the market or better.
If you want to buy both index funds and bonds, there actually are funds for that. NTSX is 90/60 stock bond, PSLDX is more leveraged towards bonds but includes corporate bonds
That’s a good time tested strategy … but I’m thinking we’re going too much lower to buy here. When we hit peak rates I’m going into PSLDX. And for capitulation … leveraged long etfs. You?
You have the opportunity to live really well in your 20s. Lots of people here suggesting you shelf it away in an index fund are missing the point of what you’re asking for. You clearly want to use this money to invest in your future but your primary concern right now is balling out, not waiting until you’re 65. Your dad is going to pay for your day to day expenses so put this money into a good mix of fixed income investments while you decide how you want to use this as seed money for a better income stream. You could easily have an advisor getting you 15-20k a year pretty safely. With this you could easily be going to good restaurants weekly or buying other shit no 20 year old can afford. Get a $15-30k Rolex right now to commemorate your mom and find someone else to drive you to parties flexing that. You’re premed so you likely have a future of high income so if you really want the car 2-3 years from now, just lease it for 36 months which will get you pretty close to your timeline of solid income. Or buy the car and invest the other 200k in PSLDX and hope for those sweet 20%+ dividends to return. (Don’t do this for tax reasons)
ASTS BNGO PSLDX SAVA TQQQ (use only during a recovery, and carefully) UAN YTEN ZIM
I'm loading up on PSLDX in a 401k, which is stacked long bonds + equities, so yes.
Here's what discouraged me from LEAPS: * You not only have to the get the direction correct, you have time working against you. * Capital intensive * What do they offer that isn't achieved with futures if you want leverage? * What do they offer that isn't achieved with leveraged ETFs? * More stressful because of the swings unless you're living life in a k-hole. Head over to r/LETF and read up on HEFA. I do a mHFEA in some accounts, and I just use PSLDX in my retirement. It's leveraged 2:1 with a .6% ER. No stress.
Leverage is never free, but the closest you can get is using futures. If you want someone else to do it for you, there are some ETFs like TYA which uses leveraged shorter term bonds to mimic long duration. NTSX, which does a leveraged bond ladder that mimics 1.5X a 60/40 portfolio. PSLDX which uses stocks, treasuries, and corporate bonds to achieve about 2x risk parity. Some newer ones like UPAR which includes commodities like gold. There are also many many CEFs that use a bunch of different kinds of leverage. Otherwise you would have to do it yourself using a bunch of different instruments to adjust leverage, bond futures, stock futures, leveraged ETFs, etc, but you can adjust it more easily and save on expenses.
Housing market is cooling/grinding to a halt, correcting in bubble cities, which is 40% of CPI Oil and gas coming down, used cars coming down, 20% of CPI Cost of shipping coming down. China reopening. Supply chain showing signs of life. CPI gonna come in at like 6% in July The week after JPOW gonna say inflation is cooling we don’t want to cause undue risk of a recession blah blah blah he’s gonna raise rates 25 bps say one more rate hike is on the table or something. Equities and bonds moon to infinity until Q1 2023, light to medium recession occurs due to the 75, 50 bps rate hikes that recently occurred. Equities crater. JPOW cuts rates to zero. Bonds moon. Positions: PSLDX, UPRO, TMF. Will use profits from TMF early 2023 to slurp the massive UPRO dip.
Vanguard doesn't let you buy any aside from NTSX and PSLDX because they think you are a child who can't make their own investment decisions
At TD Ameritrade, the fund PSLDX has a transaction fee of $50 when buying. It's also offered with dividend reinvestment. Will that trigger an additional $50 charge upon each reinvestment? I haven't been able to get a clear answer from them yet on this. Thank you.
Safe means average of 10-15 years to you? I'm not sure what you mean. I do not know the next ten and fifteen years of returns; I can only give predictions with wide uncertainty bars. Allow me to forecast with little justification* that the nominal compound annual average returns for the market over the next 10 years will be 7% ± 8%, and for PSLDX 8% ± 10%. ^(*I primarily look at market allocation to equity and CAPE valuation measures mentioned above but they are so bearish right now if you do a regression, and I think it's important to keep a bullish bias, so I arbitrarily added a handful of percentage points and widened the error bars.)
-If you assume the dividend yield% will be constant, then dividend growth rate and price growth rate should be the same. -If you assume a stock's total return doesn't depend on what form it pays out, then once you forecast a total return, the dividend and price growth rate should both be total return CAGR minus the current yield. -There is no standard for forecasting returns. Some people make an unconditional estimate based on historical US returns, or global returns, and might use real returns and then add an inflation expectation on top. Others use various valuation-based metrics like CAPE or market allocation to equity to try to estimate current discount rates, and then forecast based on that, perhaps with mean reversion or not. IMO, a reasonable expected CAGR right now for US stocks is around 7% nominal (4% real). If you want a conservative and safe number, you want to go lower for shorter term horizons to reflect the greater relative impact of short term volatility. So maybe -6% for 5 years, -2% for 10 years, and 2% for 15 years. For a single individual stock, risk is considerably higher and you can't really guarantee that it won't go to or near zero in that time. I notice you are looking at PSLDX which is a leveraged fund. It has 100% exposure to equities plus 100% in bonds, so when you forecast its total returns, you can add to its stock-based returns an exposure to a bond premium over cash. Something around 1-2%. Also you would subtract the fund's expenses.
>PSLDX "Offering broad participation in the growth potential of U.S. stocks with excess return potential, the fund invests in S&P 500 derivatives, such as futures and swaps, collateralized by an actively managed portfolio of long-term bonds." I'm.. not sure that's a bond fund. Yes it had bonds..if that's your only criteria haha.
> What happens to PSLDX in a prolonged bear market? Would it be stupid to invest a chunk of money in it right now, or will its share price recover? -55.6% from peak in November 2007 to bottom in March 2009, to use an example. The dividend yield is not going to be consistent if that's why you're interested in it.
What happens to PSLDX in a prolonged bear market? Would it be stupid to invest a chunk of money in it right now, or will its share price recover? Also, it seems that backdoor Roths are safe for 2022 of I haven't misread--is that right? Thank you.
It sounds like you really need to diversify. You chose stocks that are likely still overvalued. Your portfolio should not be mostly tech. If you are going to pick stocks, definitely read some books and learn how to research companies. Just google “Reddit investment books” for suggestions. I would keep 70-80% of your portfolio in index funds. If you want to take more risk, look at NTSX and PSLDX. Single stocks are risky, especially if they are all in one industry.
I buy PSLDX and let PIMCO figure it out
What happened to PSLDX? Today was dividend pay day but it was only around $150 when its normally $1500+ What happened?
I don't think I'm ever gonna actually do hedgefundies adventure anyways. PSLDX in a roth, or NTSX taxable are great alternatives that take care of everything for you. Esp NTSX as the leverage 10% short term bonds futures and 90% straight equities. I'm fine with sticking to railroads for a market-beating strategy. They're immune to disruption which is always the biggest risk in markets
NTSX (1.5 levered) for taxable accounts. PSLDX (2.0 leveled iirc) for ROTH And if you're slightly insane, UPRO/TMF 60/40 but good luck, it backrests great but that was a falling rate environment the last 40 years. NTSX is likely your best bet because its 90% SP500, 10% short-med bond futures. There is no leverage on equity side.
Interactive Brokers/TD Ameritrade I looked on CNBC and can't see the dividend on PSLDX, I think it's supposed to be sometime within 10 days of now.
A leveraged, diversified index fund one way. SSO, SPUU, PSLDX. They do have the potential to go to zero, or significantly under-perform forever, but that's the price you pay for the higher growth potential.
I like PIMCO for their strategy with bond management. My IRA is 20% PQTIX, 10% PCFIX, and (dca into) 70% PSLDX. I'm debating a 5% allocation to KWEB for a recovery on China internet, but haven't sold myself on the risk proposition yet.
REITs meet your general yield requirements, but you want to stay away from broad-sector funds like VNQ and focus on a basket of the better-performing ones. (In particular, externally-managed REITs are known to underperform.) The bigger problem with REITs in your case, though, is tax drag from the dividends outside of a tax-advantaged account. In general, though, REITs are some of the best assets to hold during sideways and bear markets, as well as an excellent inflation hedge. You could take a fund-of-funds approach with a portfolio composed of ETFs and CEFs, but of course there's no guarantee of results, especially as we're in turbulent times. Here's a sample, if this interests you: [**With $500/month contribution**](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=1985&firstMonth=1&endYear=2022&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=5000&annualOperation=1&annualAdjustment=500&inflationAdjusted=true&annualPercentage=0.0&frequency=2&rebalanceType=3&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=AGNC&allocation1_1=10&symbol2=ARCC&allocation2_1=10&symbol3=HTGC&allocation3_1=10&symbol4=OHI&allocation4_1=10&symbol5=MPW&allocation5_1=10&symbol6=PSLDX&allocation6_1=10&symbol7=QQQX&allocation7_1=10&symbol8=QYLD&allocation8_1=10&symbol9=UPRO&allocation9_1=20) [**Without monthly contribution**](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=1985&firstMonth=1&endYear=2022&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=5000&annualOperation=0&annualAdjustment=500&inflationAdjusted=true&annualPercentage=0.0&frequency=2&rebalanceType=3&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=true&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=AGNC&allocation1_1=10&symbol2=ARCC&allocation2_1=10&symbol3=HTGC&allocation3_1=10&symbol4=OHI&allocation4_1=10&symbol5=MPW&allocation5_1=10&symbol6=PSLDX&allocation6_1=10&symbol7=QQQX&allocation7_1=10&symbol8=QYLD&allocation8_1=10&symbol9=UPRO&allocation9_1=20)
I’ve got a lot sitting in PSLDX.
Or for a similar (but less leverage) hands off approach, PSLDX.
The "good short term return" is the difficult part, since we're in a bit of a market slump that may be quite prolonged, and we're also experiencing a rotation from tech into value and possibly into emerging markets with a weakening dollar, but nothing is certain. You also should define "good" as you engage in your planning. In general, you might want to look mostly at ETFs to avoid making missteps with individual stock picks, because your strategy of relying on Redditors to pick stocks for you is the essence of uninformed investing (absolutely no offense meant, just trying to protect you). Do you know about portfolio backtesting? Tools like the one below can help you see how a portfolio you're considering would have performed in the past, through market corrections, etc. Even this does not make you perfectly safe, of course, because today's market is unique in history, plus in general past results don't guarantee future ones, ever. Here's a sample portfolio: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=1985&firstMonth=1&endYear=2022&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=100000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=3&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=1&leverageRatio=15.0&debtAmount=0&debtInterest=1.0&maintenanceMargin=25.0&leveragedBenchmark=true&reinvestDividends=true&showYield=true&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=TQQQ&allocation1_1=15&symbol2=UPRO&allocation2_1=15&symbol3=PSLDX&allocation3_1=30&symbol4=PRU&allocation4_1=10&symbol5=STWD&allocation5_1=10&symbol6=IBM&allocation6_1=10&symbol7=MPW&allocation7_1=10&symbol8=QQQ&allocation8_2=100&symbol9=SPY&allocation9_3=100
i like NTSX and i'll probably buy some. I'm starting to put money in PSLDX, which is 100 stocks / 100 bonds. So it's like NTSX, just a bit more leveraged. I'm using these 2 finds to get bond exposure, as the rest of my portfolio I am planning to put into plain old SPY. I like how these 2 funds use leverage to get exposure to bonds. seems good for capital efficiency.
EDV is what I primarily hold in my IRA. In my 401k, I just use the total bond fund that's cheapest. I also have bond exposure from PSLDX.
I own PDO and have a large chunk of an old 401k in PSLDX.
What's the risk tolerance? Since you're super young, if you have an iron gut look into something like 55% UPRO / 45% TMF. Or if you want to just park it in a mutual fund research PSLDX. Or any easy ETF, look into NTSX.
Might not be a popular opinion, but you could throw it at a high risk high reward like PSLDX since it’s in your Roth
I'd say that's not a bad mix for an inflationary environment. I like these as well: BAWAX,NEP,NTSX,PSLDX,QQQX,RWGV,SKYY,VGT
Remindme! 30 years 30-year performance of VTI / SPY? What about return-stacking portfolios like NTSX, PSLDX, HFEA? You invested in any real estate/private equity? Nursing homes, etc? What are interest rates at?
Full disclosure, 100% NTSX holder in reg port. PSLDX in Roth. and experimenting with a 55% UPRO/ 45% TMF with 3 month rebalancing in smaller account. The idea behind this is as the previous poster said tho, to attain 90% the returns of equities but limit the drawdowns due to the bonds hedge so on the rebound we start from a higher level than a 100% equities allocation would.
PSLDX is pretty good if you actually need cashflow or if you have losses that you are carrying forward and need income to offset it.
There is PSLDX , what is balanced leveraged world portfolio, but only for US residents and only for tax advantaged accounts.
Thanks, I'll look into PSLDX. How often does it Pay? My munis pay out each month by the 2nd. Yea, it's NMCO. My best one. Up 23% for the year. I have real estate investments and a 401k that I just let the brokerage handles. But even when I was down 500k March 2020 I was still paid my dividends and was able to pay the bills. Ill buy stocks here and there, but so far I've been a bagholder when I follow advice on here. Lol.
PSLDX , NTSX, MSFT, NUSI, SPY. I’m bearish, but I don’t fight the data.
I am referencing the dividend yield of the fund not the growth. SPY/QQQ may have higher growth but emphasis is on income here. PSLDX has a minimum investment of 1million and is an institutional class fund. It is not offered at most brokerages in self directed accounts. It is usually only available through a financial adviser led accounts. It has a high turnover ratio and leverage so understanding risks, volatility, tax implications and performance expectations is important. The only places I have found this fund available without the 1million requirement and in a self directed account is at Schwab/TD and Ally bank but all of them charge a transaction fee, fund is no load though.
I understand this is r/options but wheeling is a bit hands on an frankly if I had the 1.5 mils I wouldn't be doing options. At 1.5mil to invest most of the big name like PIMCO or blackrock will take you on as a direct client and offer you some of their unadvertised products. My dad has a relationship with PIMCO and the they have given him a pretty good retirement income. Look for eg the forbidden fund (as in very hard to buy) PSLDX. Freaking awesome TTM yield of a whopping 23%. Even if you invested about 500k in that fund you will have your 2k per week income. Or invest 1mil in the fund take half of dividend as income and reinvest the other half so you will have some growth as well.
NTSX and PSLDX, HFEA as alternative ways to use leverage with higher risk adjusted returns. Vulnerable or high inflation which many predict is the period we are in right now. It makes for some interesting reading though.
Key Dates Record 12/7/2021 Ex-Dividend 12/8/2021 Dividend Reinvest 12/8/2021 Payable 12/8/2021 First number short term cap gain second number long term cap gain PIMCO StocksPLUS® Long Duration Fund Inst 1824 72201F433 PSLDX 0.28981 0.49469
Does anyone know why PSLDX dropped 9% today? I can’t find anything in the news as to why it took such a huge 1 day drop
Daily NAV is down $.85 today and the last divi date was 9/10/2021, so probably tomorrow. Nothing here yet. [Pimco - PSLDX](https://www.pimco.com/en-us/investments/mutual-funds/stocksplus-long-duration-fund/inst)
If you or anyone else that reads this cares, PSLDX is 2X and is similar to the HFEA strategy.
Then there's this: [https://www.reddit.com/r/financialindependence/comments/o7tnm5/my\_guide\_to\_hedgefundies\_portfolio\_and\_why\_im\_100/](https://www.reddit.com/r/financialindependence/comments/o7tnm5/my_guide_to_hedgefundies_portfolio_and_why_im_100/) 55% UPRO 45% TMF or 100% PSLDX It actually performed really well from pre-pandemic high for UPRO on 2/19/2020 to today, roughly 100% gain.
... a "covid chart" on steroids. That party will end. Bless anyone who bought it in the last decade though. They did great. I'd be worried it doesn't have much more room to run. You could consider a similar strategy that is less crazy. PSLDX, held in an IRA (pick your poison). You can increase equity returns based on leverage in many ways. An important thing to remember is: nearly all companies are leveraged to begin with. That's just 1x. Not 3x. And their debt isn't even exotic, even though such debt worries regular investors like a plague even in simple capital structures. My opinion is, I wouldn't invest in this security now. If something similar pops up after a severe economic crash, I would consider going for it.
>DXSLX the purpose of PSLDX is not solely to maximixe returns. It is to maximize returns while matching the volatility and drawdowns seen in the S&P 500.
I own a ton of PSLDX in an old 401k so kind of. If rates rise and S&P500 stagnates or drops this fund gets wrecked though.
Do any of you guys park your non-autistic plays in PSLDX?
PSLDX is 100% exposure on an actively managed bond portfolio (PIMCO's thing) and 100% exposure on /ES. Now, how it works: it spews dividends. Most of them non-qualified. (eat your hearts out /r/dividends.) Make sure you're looking with dividends being reinvested, otherwise it will look silly. This is what you're looking for: https://www.portfoliovisualizer.com/fund-performance?s=y&symbol=PSLDX&benchmark=SPY NTSX and PSLDX get their leverage via futures, and are *cheap* (.2 and .6 respectively). Leveraged ETFs.... are not cheap.
what's the catch? because I'm looking at PSLDX and it has an egregiously bad return over the last 5 years. am I missing something
In my buy and forget accounts, I have PSLDX, NTSX and HFEA which I DCA in, with NTSX being the biggest position.
See also: PSLDX if you want to run this hands off. I do, however, suspect the levered treasury game is coming to an end for this cycle with tapering and rising rates. Check out the performance of RPAR, NTSX, and PSLDX during March this year if you want a preview... There's also a growing concern that long treasuries and equities may be losing their correlation now... (suspects include partly driven by retail option activity)
Throw all of it into PSLDX
Can you explain why just buy shares instead of options? I'm more and more realizing I should buy buying muni bonds and ES futures or SPY LEAPs to replicate PSLDX PIMCO fund and not do traditional investing.