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NVHIX Nuveen Short Duration Hi Yld Muni Bd I

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Fund NVHIX Nuveen Short Duration Hi Yld Muni Bd I HYD VanEck Vectors High-Yield Municipal ETF HYMB SPDR® Nuveen S&P High Yield Muni Bd ETF  
100% 86% 87%
Annual Fees
(0.59% Exp. Ratio)
(0.35% Exp. Ratio)
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.09% annual return
$15,568.44 $16,736.40 $16,239.81
Est. savings over 30 yrs +$1,167.96 +$671.37
As of 12/31/16
1 YR RETURN 0.36%
3 YR 4.39%
5 YR --
10 YR --
1 YR RETURN 0.40%
3 YR 6.20%
5 YR 5.14%
10 YR --
1 YR RETURN 2.18%
3 YR 7.26%
5 YR 6.03%
10 YR --
The investment seeks to provide high current income exempt from regular federal income taxes; capital appreciation is a secondary objective when consistent with the fund's primary objective. 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 municipal bonds that pay interest that is exempt from regular federal personal income tax. Under normal market conditions, the fund will generally maintain an investment portfolio with a weighted average effective duration of less than 4.5 years.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays Municipal Custom High Yield Composite Index. The fund normally invests at least 80% of its total assets in securities that comprise the benchmark index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated high yield long-term tax-exempt bond market.
The investment seeks to provide investment results that correspond generally to the price and yield performance of the S&P Municipal Yield Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index tracks the U.S. high yield municipal bond market and to provide income that is exempt from federal income taxes. The fund 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.


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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