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EZMAX Eaton Vance Short Duration Muni Opps C

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Fund EZMAX Eaton Vance Short Duration Muni Opps C FDMMX Fidelity® Massachusetts Municipal Income FIMHX First Investors Tax Exempt MA Advisor  
Similarity
?
100% 90% 93%
Annual Fees
?
$148.02
(1.45% Exp. Ratio)
$46.96
(0.46% Exp. Ratio)
$86.77
(0.85% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$11,979.24 $16,168.12 $14,371.83
Est. savings over 30 yrs +$4,188.88 +$2,392.59
Return
As of 11/30/16
1 YR RETURN -0.65%
3 YR 1.55%
5 YR 1.22%
10 YR 1.85%
1 YR RETURN -0.52%
3 YR 3.87%
5 YR 3.45%
10 YR 3.90%
1 YR RETURN 0.25%
3 YR 3.89%
5 YR 3.35%
10 YR 3.73%
Description
The investment seeks to maximize after-tax total return. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal obligations that are exempt from regular federal income tax. It may invest up to 50% of its net assets in obligations rated below investment grade. In addition, the fund may invest up to 20% of its net assets in other debt obligations, including (but not limited to) taxable municipal obligations, U.S. Treasury securities and obligations of the U.S. government, its agencies or instrumentalities.
The investment seeks a high level of current income, exempt from federal income tax and Massachusetts personal income tax. The fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Massachusetts personal income taxes. It allocates assets across different market sectors and maturities. The fund potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. It is non-diversified.
The investment seeks a high level of interest income that is exempt from both federal and state income tax for individual residents of the state of Massachusetts; it also seeks income that is not a tax preference item for purposes of the federal alternative minimum tax. Under normal circumstances, at least 80% of the fund's net assets (plus any borrowings for investment purposes) will be invested in municipal securities that pay interest that is exempt from federal income tax and is not a Tax Preference Item, and any applicable state income tax for individual residents of the state of Massachusetts.

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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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