My question is whether I should sell these four funds or hold them ? Do they have a place in my portfolio for the long-term ? I am 51 years old.
The rest of my portfolio is invested in index and other mutual funds that are low cost. Today I'm not asking for feedback on my overall portfolio.
The four funds and current values are:
- BOE BlackRock Global Opportunities Equity Trust $3,713
ETY Eaton Vance Tax-Managed Diversified Equity Income Fund $10,170
EXG Eaton Vance Tax-Managed Global Diversified Equity Income Fund $4,635
JGT Nuveen Diversified Currency Opportunities Fund $8,408
If I hold them, I'd categorize them as part of my asset allocation:
- BOE global stock
ETY us stock
EXG global stock
JGT foreign short government bond
Should I hold these funds or sell them?
Today they earn $2600 per year on $27,000 value, which is is attractive, but how will these funds do in the long run? Would I be better off selling them and investing the $$ in my portfolio next time I re-balance? Likey the $$ would end up in VTSAX and/or VTIAX.
Below is more info.
Price on 6/30/13
Ticker Shares Price Value Basis Gain/Loss Yield
BOE 275 $13.50 $3,713 $4,153 ($441) 9.2%
ETY 1000 $10.17 $10,170 $9,403 $768 9.9%
EXG 500 $9.27 $4,635 $4,361 $274 10.5%
JGT 750 $11.21 $8,408 $9,864 ($1,457) 9.4%
TOTAL $26,925 $27,781 ($856)