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ALHAX AB Limited Duration High Income A

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Fund ALHAX AB Limited Duration High Income A PRHYX T. Rowe Price High Yield OSTIX Osterweis Strategic Income  
Similarity
?
100% 87% 92%
Annual Fees
?
$107.14
(1.05% Exp. Ratio)
$76.53
(0.75% Exp. Ratio)
$84.69
(0.83% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.03% annual return
$13,330.91 $14,598.26 $14,249.35
Est. savings over 30 yrs +$1,267.36 +$918.45
Return
As of 11/30/16
1 YR RETURN 6.50%
3 YR 2.72%
5 YR --
10 YR --
1 YR RETURN 9.99%
3 YR 3.68%
5 YR 7.42%
10 YR 6.81%
1 YR RETURN 8.10%
3 YR 3.39%
5 YR 5.11%
10 YR 5.98%
Description
The investment seeks the highest level of income that is available without assuming what the Adviser considers to be undue risk to principal. The fund invests primarily in fixed-income securities, with an emphasis on corporate fixed-income securities rated below investment grade. It will maintain a dollar-weighted average duration of less than four years, although it may invest in individual fixed-income securities with durations in excess of four years. The fund will invest on a global basis, including securities of issuers in both developed and emerging market countries.
The investment seeks high current income and, secondarily, capital appreciation. The fund will normally invest at least 80% of its net assets in a widely diversified portfolio of high yield corporate bonds, often called "junk" bonds, as well as income-producing convertible securities and preferred stocks that are rated below investment grade or not rated by any major credit rating agency but deemed to be below investment grade by T. Rowe Price. High yield bonds are rated below investment grade (BB and lower, or an equivalent rating), and tend to provide high income in an effort to compensate investors for their higher risk of default.
The investment seeks to preserve capital and attain long-term total returns. The fund invests primarily in income bearing securities. The Adviser seeks to control risk through rigorous credit analysis, economic analysis, interest rate forecasts and sector trend review, and is not constrained by any particular duration or credit quality targets. The fund may invest up to 100% of its net assets in dividend-paying equities of companies of any size - large, medium and small. Additionally, it may also invest up to 100% of its assets in foreign debt (including emerging markets) and/or depositary receipts.

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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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