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PDSAX Prudential Short Duration Muni Hi Inc A

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Fund PDSAX Prudential Short Duration Muni Hi Inc A HYD VanEck Vectors High-Yield Municipal ETF HYMB SPDR® Nuveen S&P High Yield Muni Bd ETF  
Similarity
?
100% 88% 88%
Annual Fees
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$86.77
(0.85% Exp. Ratio)
$35.73
(0.35% Exp. Ratio)
$45.93
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$14,344.40 $16,680.91 $16,185.97
Est. savings over 30 yrs +$2,336.52 +$1,841.57
Return
As of 11/30/16
1 YR RETURN -0.14%
3 YR --
5 YR --
10 YR --
1 YR RETURN 0.56%
3 YR 5.75%
5 YR 5.43%
10 YR --
1 YR RETURN 2.49%
3 YR 6.93%
5 YR 6.28%
10 YR --
Description
The investment seeks to provide the maximum amount of income that is eligible for exclusion from federal income taxes. The fund seeks to achieve its investment objective by investing, under normal conditions, at least 80% of its investable assets in municipal bonds that pay interest which is exempt from regular federal personal income tax. The advisor generally intends to maintain an investment portfolio with a weighted average duration of 4.5 years or less.
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.

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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