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ATMSX Anchor Tactical Municipal Strats Instl

3 lower fee alternatives found

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Fund ATMSX Anchor Tactical Municipal Strats Instl ARCFX Arbitrage Credit Opportunities R CRUPX Cedar Ridge Unconstrained Credit Inv  
Similarity
?
100% 87% 88%
Annual Fees
?
$252.74
(2.49% Exp. Ratio)
$154.29
(1.52% Exp. Ratio)
$167.48
(1.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.50% annual return
$7,343.75 $9,882.90 $9,498.92
Est. savings over 30 yrs +$2,539.15 +$2,155.17
Return
As of 12/31/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN 4.72%
3 YR 1.35%
5 YR --
10 YR --
1 YR RETURN 4.02%
3 YR 4.70%
5 YR --
10 YR --
Description
The investment seeks to provide total return from income and capital appreciation with a secondary objective of limiting risk during unfavorable market conditions. Under normal market conditions, the fund invests, directly or indirectly through unaffiliated exchange traded funds ("ETFs") and mutual funds, at least 80% of its net assets (plus the amount of borrowings, if any) in long and short positions in municipal debt instruments. It may invest in inverse funds linked to U.S. Treasury securities when the adviser believes this strategy will provide an effective hedge for interest rate risk.
The investment seeks to provide current income and capital growth. The fund invests primarily in a portfolio of debt securities including corporate bonds and debentures (including high yield bonds commonly known as "junk bonds"), bank loans, convertible and preferred securities, credit default swaps and other debt instruments and derivatives that the fund's investment adviser believes have debt-like characteristics. It invests in both domestic and foreign debt securities. The principal types of derivatives in which the fund may invest are credit default swaps, interest rate swaps, total return swaps, futures and options.
The investment seeks capital appreciation and income. Under normal circumstances, the fund invests at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in various credit-related instruments. The fund may invest up to 100% of its net assets in any one of the categories of instruments included in the preceding sentence. The fund is non-diversified.

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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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