i have owned this fund for 10 years,it is now time to sell .it is just too big,and had not performed well.even funds like t rowe 2020 are out performing it.peidx has been doing better the last 5 years.it was a great fund but it is not what it was
Performance (per Businessweek Online Mutual Fund Scoreboard)
Perform. 1 yr 3 yr 5 yr 10 yr DODGX 12.0 15.4 18.4 11.8 TRRBX 16.2 13.6 15.6 N/A PEIDX 16.1 17.2 19.4 N/A
T Rowe Price has outperformed for the past year, but 3 and 5 year returns tell a different story. I like DOGDX track record and think they will continue to perform well. I'd need to see multiple years of less than stellar performance to change from such a consistent winner.
I'm not familiar with PEIDX, but it seem to offer attractive returns. Still DODGX and PEIDX are within spitting difference for 3 and 5 year returns. I don't think I'll be switching on that basis.
I'm sticking with it (since 1994). I've never sold a share and now the cap gains would be too taxing if I did. I like the modest dividend too. Relative to their long aveage holding period of 9 years, their large size is comparatively less of a factor. I too would like to see better recent performance, but they are not too far off track. I won't be adding more shares though.
I tend to agree. I purchased DODGX as a large cap VALUE fund. Its new investment style (see news headlines) now allows the fund to have major positions in E-BAY and WALMART. The fund's YTD performance is dismal. If the fund is in a tax sheltered account, it may be appropriate to take out some money out and invest elsewhere .