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PKBIX Payden/Kravitz Cash Balance Plan SI

3 lower fee alternatives found

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Fund PKBIX Payden/Kravitz Cash Balance Plan SI CAMBX Cincinnati AMFs Broad Market Strat Inc PTIAX Performance Trust Strategic Bond  
Similarity
?
100% 85% 87%
Annual Fees
?
$127.76
(1.25% Exp. Ratio)
$66.43
(0.65% Exp. Ratio)
$90.96
(0.89% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.21% annual return
$13,198.74 $15,829.07 $14,721.21
Est. savings over 30 yrs +$2,630.33 +$1,522.47
Return
As of 11/30/16
1 YR RETURN 2.10%
3 YR 1.50%
5 YR 2.06%
10 YR --
1 YR RETURN 2.80%
3 YR 3.01%
5 YR --
10 YR --
1 YR RETURN 4.24%
3 YR 5.34%
5 YR 6.30%
10 YR --
Description
The investment seeks income and total return consistent with preservation of capital. The fund is designed as an investment vehicle for cash balance pension plans. It seeks to earn a total return, net of fees and expenses, that is equivalent to the interest crediting rate established by the Internal Revenue Service for cash balance pension plans using the 30-year U.S. Treasury Bond Yield. The fund seeks to earn this rate each calendar year. It invests at least 80% of its total assets in a wide variety of debt instruments and income-producing securities. The fund is non-diversified.
The investment seeks to achieve a high level of income consistent with a secondary goal of preservation of capital. The fund seeks to achieve its investment objective by investing primarily in a broad market of securities that the Adviser believes are undervalued. The fund's investment adviser defines "broad market" as the span of credit qualities and market capitalizations of the overall market that it will consider for purchase for the fund. The average maturity of the fixed-income securities in the fund's portfolio will generally range from 6 to 8 years, and will not exceed a targeted maturity or average workout date of 10 years.
The investment seeks to purchase undervalued fixed-income assets and achieve investment returns through interest income and potential capital appreciation. The fund invests at least 80% of its net assets in fixed-income instruments. "Fixed-income instruments" include corporate, government and municipal bonds, asset-backed and mortgage-backed securities and other fixed-income instruments issued by various U.S. government, municipal or private-sector entities. The fund will invest in fixed-income instruments guaranteed by, or secured by collateral that is guaranteed by, the U.S. government, its agencies, instrumentalities or sponsored corporations.

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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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