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NECZX Loomis Sayles Strategic Income C

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Fund NECZX Loomis Sayles Strategic Income C LSBRX Loomis Sayles Bond Retail RNDLX RiverNorth Doubleline Strategic Inc R  
Similarity
?
100% 96% 86%
Annual Fees
?
$172.73
(1.69% Exp. Ratio)
$90.97
(0.89% Exp. Ratio)
$168.64
(1.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.21% annual return
$11,546.88 $14,725.10 $11,688.66
Est. savings over 30 yrs +$3,178.21 +$141.78
Return
As of 11/30/16
1 YR RETURN 3.75%
3 YR 1.06%
5 YR 5.00%
10 YR 5.08%
1 YR RETURN 5.39%
3 YR 1.65%
5 YR 5.02%
10 YR 5.46%
1 YR RETURN 6.63%
3 YR 5.16%
5 YR 5.61%
10 YR --
Description
The investment seeks high current income with a secondary objective of capital growth. The fund will invest substantially all of its assets in income producing securities (including below investment grade securities, or "junk bonds") with a focus on U.S. corporate bonds, convertible securities, foreign debt instruments, including those in emerging markets and related foreign currency transactions, and U.S. government securities. The fund is not limited in the percentage of its assets that it may invest in these instruments.
The investment seeks high total investment return through a combination of current income and capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in fixed-income securities. It will normally invest at least 55% of its net assets in investment-grade fixed-income securities. The fund may also invest up to 35% of its assets in below investment-grade fixed-income securities (commonly known as "junk bonds") and up to 20% of its assets in equity securities, such as common stocks and preferred stocks (with up to 10% of its assets in common stocks).
The investment seeks current income and overall total return. The fund's advisers allocate its assets among three principal strategies: Tactical Closed-end Fund Income strategy, Core Fixed Income strategy, and Opportunistic Income strategy. The amount allocated to each of the principal strategies may change depending on the adviser's assessment of market risk, security valuations, market volatility, and the prospects for earning income and total return.

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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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