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EBMBX Eaton Vance AMT-Free Municipal Income B

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Fund EBMBX Eaton Vance AMT-Free Municipal Income B VWLTX Vanguard Long-Term Tax-Exempt MLN VanEck Vectors AMT-Free Long Muni ETF  
Similarity
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100% 97% 92%
Annual Fees
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$160.27
(1.57% Exp. Ratio)
$20.42
(0.20% Exp. Ratio)
$24.50
(0.24% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$11,550.64 $17,486.29 $17,277.25
Est. savings over 30 yrs +$5,935.65 +$5,726.61
Return
As of 10/31/16
1 YR RETURN 3.84%
3 YR 5.62%
5 YR 5.00%
10 YR 2.86%
1 YR RETURN 5.39%
3 YR 6.00%
5 YR 5.16%
10 YR 4.67%
1 YR RETURN 7.12%
3 YR 7.61%
5 YR 5.68%
10 YR --
Description
The investment seeks to provide current income exempt from regular federal income tax. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies or instrumentalities, the interest on which is exempt from regular federal income tax. It normally acquires municipal obligations with maturities of ten years or more, but may acquire securities with shorter maturities.
The investment seeks a high and sustainable level of current income that is exempt from federal personal income taxes. The fund has no limitations on the maturity of individual securities but is expected to maintain a dollar-weighted average maturity of 10 to 25 years. At least 75% of the securities held by the fund are municipal bonds in the top three credit-rating categories as determined by a nationally recognized statistical rating organization (NRSRO) (e.g., Aaa, Aa, and A by Moody's Investors Service, Inc. (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 Long 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 long-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.

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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