InvestorsHub Logo
Post# of 1706
Next 10
Followers 253
Posts 28379
Boards Moderated 4
Alias Born 07/07/2004

Re: fung_derf post# 1596

Monday, 10/22/2018 12:56:04 PM

Monday, October 22, 2018 12:56:04 PM

Post# of 1706
FKINX looks like a pretty ordinary large balanced fund of stocks and bonds. Expense ratio is low (.60%) but not as low as some modern funds.

What would stop me from buying that is the 34% turnover ratio. I look for tax efficiency... especially after getting whacked with big capital gains on my recent tax bill. Also I'm guessing the bond portion is mostly long term, thus raising interest rate risk.

What's special about FKINX?

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.