Investment Test Drive

ANFIX Angel Oak Flexible Income Institutional

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 ANFIX Angel Oak Flexible Income Institutional ASIEX American Century Strategic Income Inv  
Similarity
?
100% 86%
Annual Fees
?
$84.83
(0.83% Exp. Ratio)
$76.66
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.21% annual return
$14,994.89 $15,362.06
Est. savings over 30 yrs +$367.17
Return
As of 11/30/16
1 YR RETURN -1.07%
3 YR --
5 YR --
10 YR --
1 YR RETURN 5.50%
3 YR --
5 YR --
10 YR --
Description
The investment seeks current income with a secondary objective of total return. The fund seeks to generate current income across various market environments with a secondary focus on generating positive total return. In pursuit of the fund's investment objective, the Adviser has the flexibility to allocate the fund's assets among a broad range of fixed income instruments and derivatives using a variety of strategies, which means that the fund's investments are not limited to those in a particular index. It is non-diversified.
The investment seeks income; long-term capital appreciation is the secondary consideration. The fund invests in both investment-grade and high-yield, non-money market debt securities. These securities may include corporate bonds and notes, government securities and securities backed by mortgages or other assets. The fund may also invest in certain equity securities such as preferred stock, convertible securities or equity equivalents provided that such investments are consistent with the fund's investment objectives.

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!