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HHMBX Hartford Municipal Opportunities B

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Fund HHMBX Hartford Municipal Opportunities B VWAHX Vanguard High-Yield Tax-Exempt FOCFX Fidelity® Municipal Income 2021  
Similarity
?
100% 98% 91%
Annual Fees
?
$146.94
(1.44% Exp. Ratio)
$20.41
(0.20% Exp. Ratio)
$40.82
(0.40% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.04% annual return
$11,870.43 $17,272.76 $16,263.93
Est. savings over 30 yrs +$5,402.33 +$4,393.51
Return
As of 11/30/16
1 YR RETURN -1.05%
3 YR 2.55%
5 YR 3.14%
10 YR --
1 YR RETURN 0.70%
3 YR 4.95%
5 YR 4.59%
10 YR 4.29%
1 YR RETURN -0.29%
3 YR 3.00%
5 YR 3.21%
10 YR --
Description
The investment seeks to provide current income that is generally exempt from federal income taxes and long-term total return. The fund seeks to achieve its investment objective by investing in investment grade and non-investment grade municipal securities (known as "junk bonds") that the sub-adviser considers to be attractive from a yield perspective while considering total return. At least 80% of the fund's net assets must be invested in municipal securities, and up to 35% of the fund's net assets may be invested in non-investment grade municipal securities.
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 as high a level of current income, exempt from federal income tax, as is consistent with the preservation of capital. The fund invests at least 80% of its assets in investment-grade municipal securities whose interest is exempt from federal income tax. It invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund liquidates shortly after the fund's target end-date of June 30, 2021.

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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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