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RTBEX Russell Tax Exempt Bond E

5 lower fee alternatives found

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Fund RTBEX Russell Tax Exempt Bond E VWAHX Vanguard High-Yield Tax-Exempt GMMB Columbia Intermediate Municipal Bond ETF  
Similarity
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100% 96% 91%
Annual Fees
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$79.59
(0.78% Exp. Ratio)
$20.41
(0.20% Exp. Ratio)
$41.84
(0.41% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.04% annual return
$14,502.23 $17,273.27 $16,215.49
Est. savings over 30 yrs +$2,771.03 +$1,713.26
Return
As of 11/30/16
1 YR RETURN -0.13%
3 YR 2.53%
5 YR 2.34%
10 YR 3.15%
1 YR RETURN 0.70%
3 YR 4.95%
5 YR 4.59%
10 YR 4.29%
1 YR RETURN 0.36%
3 YR 2.65%
5 YR 2.59%
10 YR --
Description
The investment seeks to provide federal tax-exempt current income consistent with the preservation of capital. The fund has a fundamental policy to invest, under normal circumstances, at least 80% of the value of its net assets plus borrowings for investment purposes in investments the income from which is exempt from federal income tax. The fund invests principally in investment-grade municipal debt obligations providing federal tax-exempt interest income.
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 a high level of current tax-exempt income and higher risk-adjusted returns relative to its benchmark. The fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in debt securities with interest payments exempt from federal income taxes. It will typically invest in municipal securities and will invest primarily in tax-exempt general obligation, revenue and private activity bonds and notes, which are issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies and instrumentalities.

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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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