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FJSYX Nuveen High Income Bond I

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Fund FJSYX Nuveen High Income Bond I ANGL VanEck Vectors Fallen Angel HiYld Bd ETF  
Similarity
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100% 88%
Annual Fees
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$81.63
(0.80% Exp. Ratio)
$35.71
(0.35% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.03% annual return
$14,369.09 $16,458.81
Est. savings over 30 yrs +$2,089.71
Return
As of 10/31/16
1 YR RETURN 9.34%
3 YR 1.69%
5 YR 5.89%
10 YR 6.29%
1 YR RETURN 18.05%
3 YR 8.71%
5 YR --
10 YR --
Description
The investment seeks a high level of current income. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in bonds rated lower than investment grade at the time of purchase or in unrated bonds of comparable quality (securities commonly referred to as "high-yield" securities or "junk" bonds). It may invest up to 20% of its net assets in fixed and floating rate loans, including senior loans and secured and unsecured junior loans. The fund may invest in exchange-traded funds, closed-end funds, and other investment companies ("investment companies").
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.

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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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