Tag Archives: Dreyfus Intermediate-Term Income
As noted on Friday’s Hotline, I’ve turned much more cautious on the small-cap sector of the stock market. We’ve had marvelous profits in this area over the past four years. Now, though, it’s time to protect our gains.
For the model fund portfolios, we’ll be making the following changes, effective at next Friday’s (July 16) close, unless you hear from me sooner:
We’re lengthening our bond maturities. Per yesterday’s Hotline, here are the changes we’re making in our model fund portfolios. New weightings will take effect as of Monday’s market close: Fund Supermarket Portfolio. Move 5% from Neuberger Berman Limited Maturity Bond (NLMBX) and 5% from PBHG Clipper Focus (PBFOX) to a new 10% position in Dreyfus Intermediate-Term Income (DRITX).