I told you so 1)2 years in the making. 2) 2024

Another I told you so for 2024.

big-bang-investors.proboards.com/thread/2926/bill-maturing-11-invest-where?page=1
With rates appearing to have peaked, I have three T-bills maturing
Several posters mentioned VWEAX, PIMIX, FTBFX, PYLD,

This is what I posted, see
big-bang-investors.proboards.com/thread/2926/bill-maturing-11-invest-where?page=3
Nothing changed since early 2023.
1) I have been posting about RPHIX=best "sub" cash + CBLDX and RSIIX/RSIVX for months since 2022. These are not a "trade" it's already over a year.

==========

What happened so far in 2024?
The chart below already proves my point. Why use Multi=PIMIX or high-rated bonds with a lot more volatility and be close or not at year end.

schrts.co/RzHWZRka

Sometimes it is that easy. YTD RSIIX is already at 2.7% per M* and a good possibility to make over 10%.
Again, charts, and uptrends in real time and not listening to opinions have helped me for years.
But also finding great funds/managers who can do well regardless are a huge help.

Remember, Vanguard, Pimco and simple indexes are not the only game in town

Congrats graust. First mention I have seen anywhere of HOSAX, albeit hate to see it, Many larger bond traders ( as in smaller hedge funds) have been using HOSIX as a substitute for cash. Which probably explains its sometimes large gyrations in AUM. So far they haven’t cracked down on the in and out traders there. I hold under 10% there but have been higher. Too many other opportunities in Bondland although it is compelling as a stand alone and its double digit annual returns.

Edit:  I should add I am talking about the here and now.  You can go back to early 23 or the day HOSIX dropped something like 0.60 in one day and dispute this being a substitute for cash.  And I couldn’t argue with that. But more recently with their changed portfolio it has been remarkably stable while throwing off a double digit yield.  Even though I  mentioned I had been higher there, I personally would feel uncomfortable going all in or ultra heavy on a fund like HOSIX.

Speaking of a remarkably steady fund I mentioned RCRIX last May or so on MFO.  But also discussed their propensity to ban in and out traders.  They may have relaxed that more recently and I hold it at Schwab where I moved money this year.  It however wouldn’t be considered a cash substitute as it is not a daily accumulation bond fund.  This is a fund that needs to be shouted from the rooftops because its AUM has declined from a high of some 150 million in years past to 30 million.  I fear if it continues to bleed assets it could be liquidated.

Thanks @linter, I have looked at several CLO ETFs, but definitely missed CLOZ. It’s sometimes difficult to figure out their “yield” quickly. CLOZ looks like it’s about 9-ish% plus it’s a bit smoother ride than JBBB, as you said. Thanks!