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DFRRX Deutsche Floating Rate R6

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Fund DFRRX Deutsche Floating Rate R6 SNLN Highland/iBoxx Senior Loan ETF BKLN PowerShares Senior Loan ETF  
100% 92% 95%
Annual Fees
(0.77% Exp. Ratio)
(0.55% Exp. Ratio)
(0.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.91% annual return
$13,995.00 $14,956.39 $14,511.73
Est. savings over 30 yrs +$961.39 +$516.73
As of 9/30/16
1 YR RETURN -0.30%
3 YR 0.46%
5 YR 3.20%
10 YR --
1 YR RETURN 5.01%
3 YR 2.27%
5 YR --
10 YR --
1 YR RETURN 5.17%
3 YR 2.12%
5 YR 4.59%
10 YR --
The investment seeks to provide high current income. Under normal market conditions, the fund invests at least 80% of its total assets in adjustable rate loans that have a senior right to payment ("senior loans") and other floating rate debt securities. It may also borrow money in an amount up to 33 1-3% of the fund's total assets for a range of purposes, including to create investment leverage. Senior loans typically are of below investment-grade quality and, compared to investment grade loans, may pay higher yields and have higher volatility and higher risk of default on payments of interest or principal.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Markit iBoxx USD Liquid Leveraged Loan Index. The fund will, under normal circumstances, invest at least 80% of its assets (the "80% basket") in component securities of the underlying index. The underlying index is a subset of the Markit iBoxx USD Leveraged Loan Index. "Leveraged Loans" are loans to companies that typically already have a high amount of debt and are often characterized by lower credit ratings or higher interest rates. It is non-diversified.
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.

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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".

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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