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WCMBX Waddell & Reed Municipal Bond C

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Fund WCMBX Waddell & Reed Municipal Bond C VWLTX Vanguard Long-Term Tax-Exempt TFI SPDR® Nuveen Barclays Municipal Bond ETF  
100% 93% 87%
Annual Fees
(1.71% Exp. Ratio)
(0.20% Exp. Ratio)
(0.23% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.06% annual return
$11,001.32 $17,381.25 $17,225.19
Est. savings over 30 yrs +$6,379.93 +$6,223.87
As of 9/30/16
1 YR RETURN 3.79%
3 YR 3.91%
5 YR 3.18%
10 YR 3.73%
1 YR RETURN 7.01%
3 YR 6.72%
5 YR 5.32%
10 YR 4.86%
1 YR RETURN 6.36%
3 YR 5.73%
5 YR 4.34%
10 YR --
The investment seeks to provide the level of current income consistent with preservation of capital and that is not subject to Federal income tax. The fund invests at least 80% of its net assets in municipal bonds. It mainly invests in municipal bonds of investment grade and of any maturity. Municipal bonds are obligations issued by or on behalf of states, territories and possessions of the U.S. (including the District of Columbia, Puerto Rico, the U.S. Virgin Islands and Guam), the interest on which is excludable from gross income for Federal income tax purposes, although a portion of such interest may be a tax preference item for purposes of the Federal AMT.
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 provide investment results that correspond generally to the price and yield performance of the Barclays Municipal Managed Money Index. The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to track the U.S. long term tax-exempt bond market, including state and local general obligation bonds, revenue bonds, pre-refunded bonds, and insured bonds. It is non-diversified.

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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.

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Yes, funds and ETFs charge fees

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