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HFBCX Highland Fixed Income C

13 lower fee alternatives found

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Fund HFBCX Highland Fixed Income C FBNDX Fidelity® Investment Grade Bond GMTB Columbia Core Bond ETF  
Similarity
?
100% 89% 90%
Annual Fees
?
$172.50
(1.69% Exp. Ratio)
$45.93
(0.45% Exp. Ratio)
$46.95
(0.46% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.07% annual return
$11,096.69 $16,162.20 $16,113.57
Est. savings over 30 yrs +$5,065.51 +$5,016.88
Return
As of 10/31/16
1 YR RETURN 4.70%
3 YR 2.28%
5 YR 1.94%
10 YR 3.21%
1 YR RETURN 5.51%
3 YR 3.55%
5 YR 3.33%
10 YR 4.32%
1 YR RETURN 4.84%
3 YR 3.18%
5 YR 2.77%
10 YR --
Description
The investment seeks maximum income consistent with prudent investment management and the preservation of capital. The fund seeks to achieve its investment objective by investing at least 80% of its net assets under normal circumstances in debt securities. It invests primarily in a variety of investment-grade debt securities, such as mortgage-backed securities, corporate bonds, U.S. government securities and money market instruments. The fund normally has a weighted average maturity of approximately five to ten years, but is subject to no limitation with respect to the maturities of the instruments in which it may invest.
The investment seeks a high level of current income. The fund normally invests at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. It allocates assets across different market sectors and maturities. The fund invests in domestic and 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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