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HCBIX Hennessy Core Bond Institutional

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Fund HCBIX Hennessy Core Bond Institutional PBDIX T. Rowe Price U.S. Bond Enhanced Index GMTB Columbia Core Bond ETF  
Similarity
?
100% 86% 90%
Annual Fees
?
$288.90
(2.83% Exp. Ratio)
$30.63
(0.30% Exp. Ratio)
$46.96
(0.46% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$7,847.33 $16,967.22 $16,169.07
Est. savings over 30 yrs +$9,119.89 +$8,321.74
Return
As of 12/31/16
1 YR RETURN -0.47%
3 YR 0.12%
5 YR 1.58%
10 YR 3.62%
1 YR RETURN 2.69%
3 YR 3.01%
5 YR 2.23%
10 YR 4.35%
1 YR RETURN 3.97%
3 YR 2.84%
5 YR 2.24%
10 YR --
Description
The investment seeks current income with capital growth as a secondary objective. The fund invests at least 80% of its net assets in fixed income securities, which include domestic investment grade corporate, agency and governmental bonds, mortgage-backed securities, asset-backed securities, and U.S. denominated bonds issued by foreign companies. It may invest up to 10% of its assets in high yield bonds. The fund may invest directly in fixed income securities or it may invest indirectly in fixed income securities by investing in other investment companies that invest in fixed income securities.
The investment seeks to provide a total return that matches or incrementally exceeds the performance of the U.S. investment-grade bond market. The fund's overall investment strategy is to match or incrementally exceed the performance of the U.S. investment-grade bond market. Under normal conditions, it will invest at least 80% of its net assets (including any borrowings for investment purposes) in bonds that are held in its benchmark index. The fund's holdings will normally include U.S. government and agency obligations, mortgage- and asset-backed securities, corporate bonds, and U.S. dollar-denominated securities of foreign issuers.
The investment seeks a high level of current income and higher risk-adjusted returns relative to its benchmark. The fund invests, under normal circumstances, at least 80% of its net assets (including the amount of any borrowings for investment purposes) in debt securities. It invests primarily in investment-grade securities, including securities issued by the U.S. government, its agencies and instrumentalities, municipal securities, mortgage-backed and other asset-backed securities, and corporate and bank obligations, including commercial paper, corporate notes and bonds.

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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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