Investment Test Drive

AYBAX AllianzGI High Yield Bond A

10 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 AYBAX AllianzGI High Yield Bond A ANGL VanEck Vectors Fallen Angel HiYld Bd ETF HYG iShares iBoxx $ High Yield Corporate Bd  
Similarity
?
100% 94% 97%
Annual Fees
?
$105.08
(1.03% Exp. Ratio)
$35.71
(0.35% Exp. Ratio)
$51.01
(0.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.02% annual return
$13,350.20 $16,394.56 $15,670.15
Est. savings over 30 yrs +$3,044.36 +$2,319.95
Return
As of 12/31/16
1 YR RETURN 13.67%
3 YR 2.59%
5 YR 5.71%
10 YR 6.54%
1 YR RETURN 25.34%
3 YR 8.51%
5 YR --
10 YR --
1 YR RETURN 13.92%
3 YR 3.15%
5 YR 5.76%
10 YR --
Description
The investment seeks a high level of current income and capital growth. The fund seeks to achieve its objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in high yield securities ("junk bonds"), which are fixed income securities rated below investment grade or unrated and determined to be of similar quality. The fund's fixed income securities may be fixed-, variable- or floating-rate.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the BofA Merrill Lynch US Fallen Angel High Yield Index (the "Fallen Angel Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of below investment grade corporate bonds denominated in U.S. dollars that were rated investment grade at the time of issuance.
The investment seeks to track the investment results of the Markit iBoxx® USD Liquid High Yield Index (the "underlying index"). The underlying index is a rules-based index consisting of liquid U.S. dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index.

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!