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WGVYX Waddell & Reed Government Secs Y

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Fund WGVYX Waddell & Reed Government Secs Y FTGLX Federated Total Return Govt Bd R6 FGOVX Fidelity® Government Income  
Similarity
?
100% 85% 86%
Annual Fees
?
$73.53
(0.72% Exp. Ratio)
$30.64
(0.30% Exp. Ratio)
$45.96
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.12% annual return
$15,122.51 $17,164.28 $16,406.22
Est. savings over 30 yrs +$2,041.77 +$1,283.72
Return
As of 11/30/16
1 YR RETURN 0.53%
3 YR 1.20%
5 YR 0.62%
10 YR 2.93%
1 YR RETURN 1.15%
3 YR 1.66%
5 YR 1.43%
10 YR 3.71%
1 YR RETURN 0.88%
3 YR 2.04%
5 YR 1.59%
10 YR 3.91%
Description
The investment seeks to provide current income consistent with preservation of capital. The fund seeks to achieve its objective by investing exclusively in a diversified portfolio of U.S. government securities. It may invest in mortgage-backed securities issued by U.S. government-sponsored entities or agencies or instrumentalities of U.S. government agencies. The fund has no limitations on the range of maturities of the debt securities in which it may invest.
The investment seeks total return consistent with current income. The fund's overall strategy is to invest in a portfolio consisting primarily of U.S. Treasury securities, U.S. government agency securities and related derivative contracts. It buys and sells portfolio securities based primarily on its market outlook and analysis of how securities may perform under different market conditions. The fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in U.S. government investments.
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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