Investment Test Drive

BGCCX BlackRock Global Long/Short Credit Inv C

1 lower fee alternative found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ?
Fund BGCCX BlackRock Global Long/Short Credit Inv C ARCFX Arbitrage Credit Opportunities R  
Similarity
?
100% 85%
Annual Fees
?
$212.28
(2.09% Exp. Ratio)
$154.39
(1.52% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.57% annual return
$8,465.89 $10,076.32
Est. savings over 30 yrs +$1,610.44
Return
As of 12/31/16
1 YR RETURN 2.48%
3 YR 0.14%
5 YR 1.81%
10 YR --
1 YR RETURN 4.72%
3 YR 1.35%
5 YR --
10 YR --
Description
The investment seeks absolute total returns over a complete market cycle. The fund invests at least 80% of its total assets in credit-related instruments. It may invest up to 20% of its total assets in equity instruments, including common stock, depositary receipts, rights, warrants and other instruments whose price is linked to the value of common stock. The fund may invest in credit-related instruments rated below investment grade or deemed equivalent by fund management, which are commonly referred to as "junk bonds."
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.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.

+

Your Feedback has been sent successfully!