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INEAX Columbia High Yield Bond A

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Fund INEAX Columbia High Yield Bond A ANGL VanEck Vectors Fallen Angel HiYld Bd ETF PGHY PowerShares Global ShrtTerm HiYld Bd ETF  
Similarity
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100% 94% 91%
Annual Fees
?
$108.16
(1.06% Exp. Ratio)
$35.71
(0.35% Exp. Ratio)
$35.71
(0.35% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.03% annual return
$13,290.55 $16,470.42 $16,470.42
Est. savings over 30 yrs +$3,179.88 +$3,179.88
Return
As of 11/30/16
1 YR RETURN 7.67%
3 YR 3.97%
5 YR 7.08%
10 YR 6.65%
1 YR RETURN 19.57%
3 YR 8.11%
5 YR --
10 YR --
1 YR RETURN 10.15%
3 YR 4.12%
5 YR --
10 YR --
Description
The investment seeks to provide shareholders with high current income as its primary objective and, as its secondary objective, capital growth. Under normal market conditions, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in high-yield debt instruments (commonly referred to as "junk" bonds or securities). It may invest up to 25% of its net assets in debt instruments of foreign issuers. The fund may invest in debt instruments of any maturity and does not seek to maintain a particular dollar-weighted average maturity.
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 investment results that generally correspond (before fees and expenses) to the price and yield of the DB Global Short Maturity High Yield Bond Index. The fund generally will invest at least 80% of its total assets in U.S. and foreign short-term, non-investment grade bonds included in the underlying index, all of which are denominated in U.S. dollars. 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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