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USBLX USAA Growth and Tax Strategy

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Fund USBLX USAA Growth and Tax Strategy VTMFX Vanguard Tax-Managed Balanced Adm  
Similarity
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100% 92%
Annual Fees
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$90.06
(0.87% Exp. Ratio)
$11.39
(0.11% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.51% annual return
$21,687.10 $27,271.48
Est. savings over 30 yrs +$5,584.38
Return
As of 12/31/16
1 YR RETURN 5.36%
3 YR 5.96%
5 YR 8.56%
10 YR 5.13%
1 YR RETURN 5.94%
3 YR 5.99%
5 YR 8.58%
10 YR 5.94%
Description
The investment seeks a conservative balance for the investor between income, the majority of which is exempt from federal income tax, and the potential for long-term growth of capital to preserve purchasing power. Using preset target ranges, the fund's strategy is to invest a majority of its assets in tax-exempt bonds and money market instruments (50% - 70%) and the remainder in blue chip stocks (30% - 50%). It is managed with the goal of minimizing the impact of federal income tax to shareholders.
The investment seeks to provide a tax-efficient investment return consisting of federally tax-exempt income, long-term capital appreciation, and a modest amount of taxable current income. The fund invests approximately 50% to 55% of its assets in municipal securities and the balance in common stocks. The fixed income portion of the fund is concentrated in high-quality municipal securities with a dollar-weighted average maturity expected to be between 6 and 12 years. At least 75% of the municipal bonds purchased by the fund will be rated in one of the top three credit-rating categories.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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