Investment Test Drive

FDHCX First Trust Short Duration High Inc C

9 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund FDHCX First Trust Short Duration High Inc C FFRHX Fidelity® Floating Rate High Income PFFRX T. Rowe Price Instl Floating Rate F  
Similarity
?
100% 94% 91%
Annual Fees
?
$203.84
(2.00% Exp. Ratio)
$71.34
(0.70% Exp. Ratio)
$70.32
(0.69% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.92% annual return
$9,646.57 $14,324.13 $14,367.47
Est. savings over 30 yrs +$4,677.56 +$4,720.89
Return
As of 11/30/16
1 YR RETURN 6.12%
3 YR 2.04%
5 YR --
10 YR --
1 YR RETURN 7.75%
3 YR 2.70%
5 YR 3.85%
10 YR 3.88%
1 YR RETURN 6.25%
3 YR 3.35%
5 YR 4.75%
10 YR --
Description
The investment seeks to provide a high level of current income; capital appreciation is the secondary consideration. Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in high yield debt securities and bank loans that are rated below-investment grade or unrated. It has a short duration investment strategy, which seeks to maintain, under normal market conditions, a blended (or weighted average) portfolio duration of three years or less. Under normal market conditions, the fund may invest up to 15% of its net assets in non-U.S. securities denominated in non-U.S. currencies.
The investment seeks a high level of current income. The fund invests at least 80% of assets in floating rate loans, which are often lower-quality debt securities, and other floating rate securities. It invests in companies in troubled or uncertain financial condition. The fund invests in money market and investment-grade debt securities, and repurchase agreements. It invests in domestic and foreign issuers. The fund uses fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.
The investment seeks high current income and, secondarily, capital appreciation. The fund invests at least 80% of its net assets (including any borrowings for investment purposes) in floating rate loans and floating rate debt securities. Floating rate loans represent amounts borrowed by companies or other entities from banks and other lenders. It may invest up to 20% of its net assets in fixed rate debt securities. The fund may also invest up to 20% of its total assets in non-U.S. dollar-denominated loans and debt securities (including securities of issuers in emerging markets) in keeping with the fund's investment objective.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.

+

Your Feedback has been sent successfully!