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CFRCX Catalyst/Princeton Floating Rt Inc C

6 lower fee alternatives found

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Fund CFRCX Catalyst/Princeton Floating Rt Inc C BKLN PowerShares Senior Loan ETF LFRFX Lord Abbett Floating Rate F  
Similarity
?
100% 88% 91%
Annual Fees
?
$214.03
(2.10% Exp. Ratio)
$66.25
(0.65% Exp. Ratio)
$71.34
(0.70% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.92% annual return
$9,351.74 $14,536.10 $14,318.22
Est. savings over 30 yrs +$5,184.36 +$4,966.48
Return
As of 12/31/16
1 YR RETURN 8.84%
3 YR 0.63%
5 YR --
10 YR --
1 YR RETURN 8.90%
3 YR 2.13%
5 YR 4.14%
10 YR --
1 YR RETURN 10.00%
3 YR 3.73%
5 YR 5.46%
10 YR --
Description
The investment seeks to achieve as high a level of current income as is consistent with capital preservation; the fund's secondary objective is long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in U.S. dollar denominated floating rate secured loans and other floating rate debt instruments, including: floating rate bonds; floating rate notes; floating rate debentures; and tranches of floating rate asset-backed securities, including structured notes, made to, or issued by, U.S. and non-U.S. corporations or other business entities.
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P/LSTA U.S. Leveraged Loan 100 Index (the "underlying index"). The fund generally will invest at least 80% of its net assets (plus any borrowings for investment purposes) in senior loans that comprise the underlying index. Banks and other lending institutions generally issue senior loans to corporations, partnerships or other entities ("borrowers"). These borrowers operate in a variety of industries and geographic regions, including foreign countries.
The investment seeks a high level of current income. Under normal conditions, the fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate senior loans. It may invest up to 25% of its total assets in senior loans made to foreign-domiciled borrowers and foreign securities, including emerging market securities. The fund may invest up to 20% of its net assets in other types of debt securities and short-term instruments. In addition, it may invest up to 10% of its net assets in derivatives.

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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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