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ANFLX Angel Oak Flexible Income A

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Fund ANFLX Angel Oak Flexible Income A IIINX Thrivent Opportunity Income Plus S ASIEX American Century Strategic Income Inv  
Similarity
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100% 85% 86%
Annual Fees
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$124.69
(1.22% Exp. Ratio)
$72.57
(0.71% Exp. Ratio)
$76.65
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.21% annual return
$13,311.74 $15,535.66 $15,348.99
Est. savings over 30 yrs +$2,223.91 +$2,037.24
Return
As of 10/31/16
1 YR RETURN -1.76%
3 YR --
5 YR --
10 YR --
1 YR RETURN 5.84%
3 YR 3.61%
5 YR 3.52%
10 YR 4.44%
1 YR RETURN 6.24%
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 a high level of current income, consistent with capital preservation. Under normal circumstances, the fund invests 50-100% in debt securities and 0-50% in equity securities. The debt securities in which the fund invests may be of any maturity or credit quality, including high yield, high risk bonds, notes, debentures and other debt obligations commonly known as "junk bonds." At the time of purchase, these high-yield securities are rated within or below the "BB" major rating category by S&P or the "Ba" major rating category by Moody's or are unrated but considered to be of comparable quality by the Adviser.
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.

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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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