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BDRIX AlphaCentric Bond Rotation I

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Fund BDRIX AlphaCentric Bond Rotation I RPSIX T. Rowe Price Spectrum Income FSICX Fidelity® Strategic Income  
Similarity
?
100% 87% 86%
Annual Fees
?
$157.34
(1.54% Exp. Ratio)
$70.50
(0.69% Exp. Ratio)
$72.54
(0.71% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.17% annual return
$11,956.00 $15,473.21 $15,380.00
Est. savings over 30 yrs +$3,517.21 +$3,424.00
Return
As of 12/31/16
1 YR RETURN 1.37%
3 YR --
5 YR --
10 YR --
1 YR RETURN 8.18%
3 YR 3.26%
5 YR 4.56%
10 YR 5.14%
1 YR RETURN 8.77%
3 YR 3.55%
5 YR 4.33%
10 YR 5.76%
Description
The investment seeks to achieve long-term capital appreciation and total return through various economic or interest rate environments. Under normal conditions, the fund will invest at least 80% of the fund's net assets plus any borrowings for investment purposes in bonds, which includes bond asset class ETFs. It seeks to achieve its objective by investing in a portfolio of global bond asset class exchange traded Funds ("ETFs"). The fund is non-diversified.
The investment seeks a high level of current income with moderate share price fluctuation. The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. It normally invests in a variety of domestic and international bond funds, a money market fund, and an income-oriented stock fund. The fund can invest in funds holding high-quality domestic and foreign bonds, high-yield bonds, short- and long-term securities, and dividend-paying stocks. It may sell shares of the underlying funds for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.
The investment seeks a high level of current income; capital appreciation is a secondary consideration. The fund invests primarily in debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). It allocates the fund's assets among four general investment categories: high yield securities, U.S. government and investment-grade securities, emerging market securities, and foreign developed market securities.

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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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