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POMAX PNC Government Mortgage A

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Fund POMAX PNC Government Mortgage A AGZ iShares Agency Bond FGOVX Fidelity® Government Income  
Similarity
?
100% 87% 86%
Annual Fees
?
$94.97
(0.93% Exp. Ratio)
$20.42
(0.20% Exp. Ratio)
$45.95
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.12% annual return
$14,183.82 $17,678.47 $16,397.07
Est. savings over 30 yrs +$3,494.65 +$2,213.25
Return
As of 11/30/16
1 YR RETURN 0.34%
3 YR 1.78%
5 YR 1.17%
10 YR 3.37%
1 YR RETURN 1.22%
3 YR 1.78%
5 YR 1.43%
10 YR --
1 YR RETURN 0.88%
3 YR 2.04%
5 YR 1.59%
10 YR 3.91%
Description
The investment seeks current income as well as preservation of capital. The fund invests in a diversified portfolio of mortgage-related securities. The dollar-weighted average maturity of the fund's portfolio is normally expected to range from three to ten years, but may vary outside that range from time to time. It invests at least 80% of its net assets plus any borrowings for investment purposes in mortgage-related securities issued or guaranteed by agencies, authorities, instrumentalities or sponsored enterprises of the U.S. government. The fund will provide shareholders with at least 60 days' written notice before changing this 80% policy.
The investment seeks to track the investment results of the Bloomberg Barclays U.S. Agency Bond Index. The underlying index measures the performance of the agency sector of the U.S. government bond market and is comprised of investment-grade U.S. dollar-denominated bonds or debentures issued by government and government-related agencies, including the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. The fund generally will invest at least 90% of its assets in the component securities of the underlying index.
The investment seeks a high level of current income, consistent with preservation of principal. The fund normally invests at least 80% of assets in U.S. government securities and repurchase agreements for those securities. It invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury. The fund invests in instruments related to U.S. government securities. It allocates assets across different market sectors and maturities.

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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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