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OIFIX Optimum Fixed Income Instl

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Fund OIFIX Optimum Fixed Income Instl ACCNX American Century Core Plus Inv  
100% 85%
Annual Fees
(0.92% Exp. Ratio)
(0.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.02% annual return
$13,792.05 $14,965.28
Est. savings over 30 yrs +$1,173.24
As of 9/30/16
1 YR RETURN 4.75%
3 YR 3.07%
5 YR 2.97%
10 YR 5.23%
1 YR RETURN 5.96%
3 YR 4.08%
5 YR 3.38%
10 YR --
The investment seeks a high level of income and may also seek growth of capital. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities (80% policy). The adviser focuses on securities issued or guaranteed by the U.S. government or its agencies or instrumentalities, corporate debt securities, taxable and tax-exempt municipal securities, and mortgage-backed and asset-backed securities.
The investment seeks to maximize total return; as a secondary objective, the fund seeks a high level of income. The fund invests at least 65% of its assets in investment-grade, non-money market debt securities. It may not invest more than 35% of its assets in high-yield securities and emerging market securities combined. No more than 10% of the fund's assets may be invested in non-dollar denominated debt securities. The weighted average maturity of the fund's portfolio must be 3½ years or longer.

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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.


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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