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Heartland High Yield Municipal fell 70percentt in just one day in October after it had to reprice a portfolio loaded with nonrated bonds.
But Raskob's was still adding to his typically 90% -leveraged portfolio, loaded with companies like GM, DuPont and RCA and reaching $24 million.
They want you to think their moral portfolios will do just as well as a portfolio loaded with the shares of polluters and tobacco companies.
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The best investors at Marketocracy were busy taking precautions in their portfolio, loading up on high-dividend-paying stocks and funds, but they were also making some new bets on a pickup in shares of energy companies.
All have large portfolios loaded with commercial real estate loans.
At the hearing on Tuesday, Mr. Taylor told the Fed: "You have a duty to deny Capital One's plan to buy ING Direct," noting that the bank's credit card portfolio was loaded with risky subprime loans.
But in the last ten years, as default rates proved to be lower than expected, portfolio managers loaded up on REITs.
Are you aware that H&R Block, in addition to its other woes, is a big mortgage lender whose portfolio is loaded with subprime loans that don't meet Fannie's standards?
Right now his $12.7 billion investment portfolio is loaded with shares of Rupert Murdoch's News Corp.; he predicts the stock will double in less than two years and that Murdoch's Asian venture, Star TV, will pay off enormously in the long run.
The firm bailed out of regional bank stocks, which have bounced around on worries about their loan portfolios, and loaded up on insurance companies, including the Old Republic International Corporation, up threefold since March; Irish Life and Permanent, which has nearly doubled; and the Hartford Financial Services Group.
Wachovia has a $120 billion portfolio of mortgages loaded with adjustable interest-rate loans that allow borrowers to skip part of their monthly payments, much of which it inherited from its ill-timed acquisition of Golden West, the big California lender, at the end of the housing boom in 2006.
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