Investment Test Drive

AHYIX Salient High Yield C

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Fund AHYIX Salient High Yield C AHBIX Salient High Yield Investor  
Similarity
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100% 100%
Annual Fees
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$179.56
(1.76% Exp. Ratio)
$128.55
(1.26% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.02% annual return
$10,710.52 $12,472.50
Est. savings over 30 yrs +$1,761.98
Return
As of 12/31/16
1 YR RETURN 12.01%
3 YR 2.32%
5 YR 5.18%
10 YR 5.00%
1 YR RETURN 12.51%
3 YR 2.82%
5 YR 5.69%
10 YR 5.53%
Description
The investment seeks high current income. Under normal conditions, the fund invests at least 80% of its net assets plus borrowings for investment purposes, if any, in lower-rated bonds (including bonds commonly referred to as "junk bonds"). Such investments may be represented by derivative instruments, in which the fund may invest without limitation. The fund will normally maintain its portfolio duration within a range of plus or minus 50% of the fund's benchmark, the BofA Merrill Lynch U.S. High Yield Master II Index (the "Benchmark").
The investment seeks high current income. Under normal conditions, the fund invests at least 80% of its net assets plus borrowings for investment purposes, if any, in lower-rated bonds (including bonds commonly referred to as "junk bonds"). Such investments may be represented by derivative instruments, in which the fund may invest without limitation. The fund will normally maintain its portfolio duration within a range of plus or minus 50% of the fund's benchmark, the BofA Merrill Lynch U.S. High Yield Master II Index (the "Benchmark").

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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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