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No. of Recommendations: 0
A,

Oldest Mutual Funds by Inception Date (Still Active)
Rank	Name	            Date of Creation
1 MFS Massachusetts Investors Fund (MITTX)1924
2 Putnam Investors Fund (PINVX) 1925
3 Pioneer Fund (PIODX) 1928
4 Century Shares Fund (CENSX) 1928
5 Vanguard Wellington Fund (VWELX) 1929
7 CGM Mutual Fund (LOMMX) 1929
8 Fidelity Fund (FFIDX) 1930
9 Dodge & Cox Balanced Fund (DODBX) 1931


Adams Diversified Equity Fund oldest CEF (Closed-end fund).

"It has roots going back to 1854, has operated as a closed-end fund since 1929, and has paid dividends without interruption since 1935. This is the oldest still extant closed-end fund, and its managers maintain the value investing approach that has given this fund its long tenure."

https://seekingalpha.com/symbol/ADX/dividends/history I own ADX since my parents and grandparents owned them during the Depression between 1929 and 1941.

Quill -
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cshillue,

Wait until the end of the day when the mutual fund managers make the adjustments. It is in their hands and you have no say in the matter.

As for ETF's the prices are treated like trading stock with many advantages over Mutual Funds.

https://www.investopedia.com/articles/investing/092915/tradi...

How Mutual Funds Trade

The mechanics of trading mutual funds are different from those of ETFs and stocks. Mutual funds require minimum investments of anywhere from $1,000 to $5,000, unlike stocks and ETFs where the minimum investment is one share. Mutual funds trade only once a day after the markets close. Stocks and ETFs can be traded at any point during the trading day.

something to ponder,

Quillnpenn - a poor church mouse scratching for a living as a Swing Trader for over 45 years.
------------ Vision - Multi-Millionaire.....Goal - earn 1.3% - 2.5% compounded Daily
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https://www.tradingview.com/chart/ 10/13/20 was a warning sign.

https://stockcharts.com/acp/?s=%24SPX If not viewable, it must have access via a subscription to stockcharts.

Quill -
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Quill,

Thanks. I'm not very good at reading charts like the ones you sent. But I appreciate your response. If I understand the distinction you are making between Mutual funds and stocks/ETFs, this kind of movement in opposite direction might take place during a day but would not be seen over a longer period. And what I see as the mutual fund change just reflects the change from 2 days ago's closing to yesterday's closing, or something like that. That's helpful for my understanding.
I may look into ETFs, but most of my portfolio is a company retirement mutual-fund only plan.
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Quill,

(1) There are plenty of mutual funds with just $1 dollar minimum.

(2) Most of the charts you link cannot be open by anyone but you.

(3) Yes, mutual funds price only once a ,day at end of day. But ETFs and mutual funds will track each other exactly if the are holding the same underlying and imposing the same expense ratios.

(4) Like all financial tools, mutual funds --properly 'open-end' mutual funds-- are no better, no worse, than their closed-end or exchanged traded cousins. It all depends on one's needs, means, objectives which might be the better option to make bets with.

A
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No. of Recommendations: 0
A,

Oldest Mutual Funds by Inception Date (Still Active)
Rank	Name	            Date of Creation
1 MFS Massachusetts Investors Fund (MITTX)1924
2 Putnam Investors Fund (PINVX) 1925
3 Pioneer Fund (PIODX) 1928
4 Century Shares Fund (CENSX) 1928
5 Vanguard Wellington Fund (VWELX) 1929
7 CGM Mutual Fund (LOMMX) 1929
8 Fidelity Fund (FFIDX) 1930
9 Dodge & Cox Balanced Fund (DODBX) 1931


Adams Diversified Equity Fund oldest CEF (Closed-end fund).

"It has roots going back to 1854, has operated as a closed-end fund since 1929, and has paid dividends without interruption since 1935. This is the oldest still extant closed-end fund, and its managers maintain the value investing approach that has given this fund its long tenure."

https://seekingalpha.com/symbol/ADX/dividends/history I own ADX since my parents and grandparents owned them during the Depression between 1929 and 1941.

Quill -
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