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SOUAX American Beacon Sound Point FlRtIn A

2 lower fee alternatives found

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Fund SOUAX American Beacon Sound Point FlRtIn A SPFRX American Beacon Sound Point FlRtIn SP SPFPX American Beacon Sound Point FlRtIn Inv  
Similarity
?
100% 100% 100%
Annual Fees
?
$127.41
(1.25% Exp. Ratio)
$118.24
(1.16% Exp. Ratio)
$125.38
(1.23% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.93% annual return
$12,171.39 $12,508.61 $12,245.56
Est. savings over 30 yrs +$337.22 +$74.17
Return
As of 10/31/16
1 YR RETURN 5.46%
3 YR 5.37%
5 YR --
10 YR --
1 YR RETURN 5.50%
3 YR 5.39%
5 YR --
10 YR --
1 YR RETURN 5.51%
3 YR 5.56%
5 YR --
10 YR --
Description
The investment seeks to provide a high level of current income consistent with strong risk-adjusted returns. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in income producing floating rate loans and other floating rate debt securities, which may include bonds, notes and debentures issued by corporations, debt securities issued or guaranteed by the U.S. government or one of its agencies or instrumentalities, and commercial paper. It is non-diversified.
The investment seeks to provide a high level of current income consistent with strong risk-adjusted returns. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in income producing floating rate loans and other floating rate debt securities, which may include bonds, notes and debentures issued by corporations, debt securities issued or guaranteed by the U.S. government or one of its agencies or instrumentalities, and commercial paper. It is non-diversified.
The investment seeks to provide a high level of current income consistent with strong risk-adjusted returns. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in income producing floating rate loans and other floating rate debt securities, which may include bonds, notes and debentures issued by corporations, debt securities issued or guaranteed by the U.S. government or one of its agencies or instrumentalities, and commercial paper. It is non-diversified.

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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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