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FITDX First Investors Tax Exempt Inc Advisor

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Fund FITDX First Investors Tax Exempt Inc Advisor VWAHX Vanguard High-Yield Tax-Exempt ITM VanEck Vectors AMT-Free Interm Muni ETF  
100% 91% 91%
Annual Fees
(0.69% Exp. Ratio)
(0.20% Exp. Ratio)
(0.24% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.01% annual return
$14,750.40 $17,097.41 $16,893.02
Est. savings over 30 yrs +$2,347.02 +$2,142.63
As of 9/30/16
1 YR RETURN 3.64%
3 YR 4.82%
5 YR 4.03%
10 YR 4.22%
1 YR RETURN 7.92%
3 YR 7.18%
5 YR 5.83%
10 YR 5.04%
1 YR RETURN 6.70%
3 YR 5.62%
5 YR 4.52%
10 YR --
The investment seeks a high level of interest income that is exempt from federal income tax and 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. However, the fund typically attempts to invest all of its assets in such securities. The fund diversifies its assets among municipal bonds and securities of different states, municipalities, and U.S. territories.
The investment seeks a high and sustainable level of current income that is exempt from federal personal income taxes. The fund invests at least 80% of its assets in investment-grade municipal bonds, as determined by a nationally recognized statistical rating organization (NRSRO) (e.g., Baa or higher by Moody's Investors Service, Inc. (Moody's)) or, if unrated, determined to be of comparable quality by the advisor. Up to 20% of the fund's assets may be invested in bonds that are rated less than investment grade by an NRSRO (e.g., less than Baa by Moody's) or, if unrated, determined to be of comparable quality by the advisor.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays AMT-Free Intermediate Continuous Municipal Index. The fund normally invests at least 80% of its total assets in fixed income securities that comprise the index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated intermediate term tax-exempt bond market.

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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.


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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