Investment Test Drive

PMGRX Principal Government & High Qual Bd R1

2 lower fee alternatives found

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Fund PMGRX Principal Government & High Qual Bd R1 MGIDX AMG Managers Amundi Intermediate Gov S WCIFX Wright Current Income  
Similarity
?
100% 90% 91%
Annual Fees
?
$131.74
(1.29% Exp. Ratio)
$96.00
(0.94% Exp. Ratio)
$102.12
(1.00% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.12% annual return
$12,723.46 $14,148.83 $13,893.98
Est. savings over 30 yrs +$1,425.37 +$1,170.52
Return
As of 11/30/16
1 YR RETURN 0.86%
3 YR 1.68%
5 YR 1.49%
10 YR 3.34%
1 YR RETURN 1.49%
3 YR 2.87%
5 YR 2.34%
10 YR 4.29%
1 YR RETURN 0.86%
3 YR 2.06%
5 YR 1.72%
10 YR 3.74%
Description
The investment seeks a high level of current income consistent with safety and liquidity. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities issued by the U.S. government, its agencies or instrumentalities or securities that are rated AAA by S&P's Rating Service or Aaa by Moody's Investors Service, Inc., or, if unrated, in the opinion of the Sub-Advisor of comparable quality including but not limited to mortgage securities such as agency and non-agency collateralized mortgage obligations, and other obligations that are secured by mortgages or mortgage-backed securities at the time of purchase.
The investment seeks to provide investors with a total return in excess of the total return of the major market indices for mortgage-backed securities. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds (debt securities) issued by the U.S. government or its agencies and instrumentalities and synthetic instruments or derivatives having economic characteristics similar to such debt securities. It will seek to minimize credit risk by investing in securities of the highest credit quality.
The investment seeks a high level of current income consistent with moderate fluctuations of principal. The fund invests at least 80% of its net assets plus borrowings for investment purposes in debt obligations issued or guaranteed by the U.S. government or any of its agencies or instrumentalities, mortgage-related securities of governmental or corporate issuers and corporate debt securities. There are no limits on the minimum or maximum weighted average maturity of the fund's portfolio or an individual security.

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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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