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HBFBX Hennessy Balanced Investor

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Fund HBFBX Hennessy Balanced Investor GCE Claymore CEF GS Connect ETN  
Similarity
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100% 87%
Annual Fees
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$175.06
(1.68% Exp. Ratio)
$98.99
(0.95% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.20% annual return
$20,693.09 $25,834.71
Est. savings over 30 yrs +$5,141.62
Return
As of 10/31/16
1 YR RETURN 5.20%
3 YR 3.17%
5 YR 5.05%
10 YR 3.19%
1 YR RETURN 8.99%
3 YR 3.32%
5 YR 6.85%
10 YR --
Description
The investment seeks a combination of capital appreciation and current income. The fund invests approximately 50% of its assets in roughly equal dollar amounts in the ten highest dividend-yielding Dow Jones Industrial Average ("DJIA") stocks (known as the "Dogs of the Dow"), but limits exposure to market risk and volatility by investing approximately 50% of its assets in U.S. Treasury securities with a maturity of less than one year. It is non-diversified.
The investment seeks to replicate, net of expenses, the Claymore CEF Index. The index measures the performance of a basket of closed-end funds selected and weighted based on a predefined set of criteria such as liquidity, distributions and market valuation, among other factors.

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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.

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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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