After a marriage ended, I moved about $60k from a managed account into my own Vanguard brokerage.
As I try to figure out what makes sense to get rid of, I cannot figure out PIMIX. I'm getting a monthly dividend of around $20, but that overall I've lost over $500 since transferring funds into Vanguard towards the end of '23.
Morningstar gives it 5 stars and says it's a minimum investment of $1mil, which is only close to a million less than I have in there at $4k, but the part I'm mostly confused about is that the fund has gone up almost 8% since that time. I have confirmed I'm looking at the Income Instl.
What am I not considering or doing right?
Thank you!