marko
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 16, 2011
- Messages
- 8,509
I can use some insight on this fund. I've owned Price's Equity Income Fund (PRFDX/REIPX) for many years. It's always delivered a nice mix of growth and income and even in years with poor growth, the income was quite good, most often in the 5% to 9% range.
This year has been quite disappointing in both categories.
Total return:
2018: -9.21
2019: +26.69
2020: +1.44
2021: +25.77
2022: -3.21
YTD: -0.23. Dividends 2.41%
It just seems like a laggard over the past 18 months. A bad year seems to follow a good year but not this year.
With it being about 15% of my portfolio, I'm tempted to start looking for greener pastures and thin down the holding but would be grateful for any insight. I just can't see any correlation to explain the "why"
This year has been quite disappointing in both categories.
Total return:
2018: -9.21
2019: +26.69
2020: +1.44
2021: +25.77
2022: -3.21
YTD: -0.23. Dividends 2.41%
It just seems like a laggard over the past 18 months. A bad year seems to follow a good year but not this year.
With it being about 15% of my portfolio, I'm tempted to start looking for greener pastures and thin down the holding but would be grateful for any insight. I just can't see any correlation to explain the "why"