Why the $0.07 drop today, considering the sharp marketturnaround the last 15 minutes ? Is it the emerging market sectordragging this fund down ? any insight would be appreciated !
OMG, this is a diversified sector bond fund- get out of the market before you lose everything. Get educated on your investments...
I scanned through the 6/30 holdings list.A lot of exposure to Euro Sov Debt (Italy, France, Dutch, UK, especially) which might account for the recent downward pressure.Also, exposure to AMR debt and maybe some delta too. I think the AMR debt is asset secured, but still, could help explain recent downward moves.
Shades of '08, hence own FSICX in moderation as a tool in one's fixed income allocation.
I wish I knew too!!