I "luv" this fund; have 6 figures in it to offset a very large $$$ portfolio!
Don't ask me how large, I won't answer!
Have other income funds too, and plenty in equities; oh, did I tell you, I have an MBA in Economics and Finance, and I have been around a "looooooong" time!
Longer than probably all of you - EXPERIENCE!
Bailed out 100% today. Did 1/2 yesterday and other half today. Today's action confirms my view of earlier post that this fund has now failed to go thru resistances at 10.88,10.69.10.71 and now 10.83. Sell and park in money market or ride it until some support level is found. With FED getting out of neutral bias, this thing could get messy.
All just my opinions
This fund is not designed to mirror any major stock index. You cannot compare the performance of equities against bonds. Also, I'm more concerned about the next 6 months than the last 6 months.
Using that same logic, would you rather be in FSICX last fall & lose -17.8%, or in the S&P 500 and lose -56% top to bottom? S&P 500 is still way down, but FSICX already passed its old highs. I know which investment I trust more right now.