I am replacing ATIPX with a new mutual fund PAXHX in my account. I will not sell ATIPX yet, but I will not be buying this mutual fund anymore. I am “putting this fund on the shelf“. Reasons for not buying this fund anymore are:
- ATIPX is no longer an NTF fund, so I cannot be investing small amounts without paying a fee.
- ATIPX is no longer provided by my broker.
- PAXHX has better performance, dividend yield and distribution yield (see below).
Here is a short comparison:
|High Yiled Bond||High Yiled Bond|
|NTF, No Load||No Load|
|Distribution Yield (TTM)
Based on the above data I will be now investing into PAXHX fund.