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HXBZX Virtus Tax-Exempt Bond A

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Fund HXBZX Virtus Tax-Exempt Bond A VWAHX Vanguard High-Yield Tax-Exempt MUB iShares National Muni Bond  
100% 96% 92%
Annual Fees
(0.85% Exp. Ratio)
(0.20% Exp. Ratio)
(0.25% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.05% annual return
$14,216.37 $17,295.12 $17,037.05
Est. savings over 30 yrs +$3,078.74 +$2,820.68
As of 12/31/16
1 YR RETURN -0.44%
3 YR 3.23%
5 YR 2.67%
10 YR 4.01%
1 YR RETURN 0.83%
3 YR 5.43%
5 YR 4.40%
10 YR 4.43%
1 YR RETURN 0.06%
3 YR 3.83%
5 YR 2.82%
10 YR --
The investment seeks a high level of current income that is exempt from federal income tax. The fund seeks to generate current income exempt from federal income taxes by investing in a diversified portfolio with municipal bonds of varying maturities. The management team focuses on higher quality tax-exempt municipal bonds, gauging the value of a security by issue type, credit quality, and bond structure. Under normal circumstances, as a matter of fundamental policy, it invests at least 80% of its assets in municipal bonds, the income from which is exempt from federal income taxes.
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 track the investment results of the S&P National AMT-Free Municipal Bond IndexTM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index measures the performance of the investment-grade segment of the U.S. municipal 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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