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LMCMX Miller Income Opportunity IS

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Fund LMCMX Miller Income Opportunity IS HIPS Master Income ETF  
100% 87%
Annual Fees
(1.84% Exp. Ratio)
(1.43% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.63% annual return
$22,277.18 $25,244.48
Est. savings over 30 yrs +$2,967.30
As of 9/30/16
1 YR RETURN 10.78%
3 YR --
5 YR --
10 YR --
1 YR RETURN 17.13%
3 YR --
5 YR --
10 YR --
The investment seeks to provide a high level of income while maintaining the potential for growth. Under normal market conditions, the fund will invest primarily in cash distributing equity, and equity-like securities, fixed income securities, derivatives, and other financial instruments of issuers located anywhere in the world. It can invest without limit in foreign securities in any country, including countries with developing or emerging markets. The fund is non-diversified.
The investment seeks to track the performance, before fees and expenses, of the TFMS HIPS 300 Index. The fund employs a "passive management"-or indexing-investment approach designed to track the performance of the index. The rules-based Index measures the performance of 300 high income U.S.-listed securities that typically have "pass-through" structures that require them to distribute substantially all of their earnings to shareholders as cash distributions. This "high income, pass-through" strategy is known as HIPS.

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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.


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".

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