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FFTFX Franklin Federal Limited-Term T/F Inc A

7 lower fee alternatives found

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Fund FFTFX Franklin Federal Limited-Term T/F Inc A GTCMX Glenmede Municipal Intermediate VMLTX Vanguard Ltd-Term Tx-Ex  
Similarity
?
100% 92% 85%
Annual Fees
?
$64.25
(0.63% Exp. Ratio)
$23.46
(0.23% Exp. Ratio)
$20.40
(0.20% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.98% annual return
$14,917.08 $16,827.68 $16,980.14
Est. savings over 30 yrs +$1,910.60 +$2,063.06
Return
As of 10/31/16
1 YR RETURN 0.27%
3 YR 0.66%
5 YR 1.06%
10 YR 2.34%
1 YR RETURN 2.42%
3 YR 2.32%
5 YR 2.21%
10 YR 3.12%
1 YR RETURN 1.31%
3 YR 1.42%
5 YR 1.56%
10 YR 2.55%
Description
The investment seeks to provide investors with as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It does maintain a dollar-weighted average portfolio maturity of five years or less. The fund only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.
The investment seeks as high a level of current income exempt from Federal income tax as is consistent with preservation of capital. The fund will invest at least 80% of the value of its net assets (including borrowings for investment purposes) in intermediate and long-term obligations of the states, territories and possessions of the United States, the District of Columbia and their political subdivisions, agencies, instrumentalities and authorities that pay interest that is exempt from regular Federal income tax, but may be subject to Federal alternative minimum tax. The adviser expects to maintain a dollar-weighted average maturity of 3 to 10 years.
The investment seeks current income that is exempt from federal personal income taxes, with limited price volatility. The fund has no limitations on the maturity of individual securities, but is expected to maintain a dollar-weighted average maturity of 2 to 6 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 or, if unrated, determined to be of comparable quality by the advisor. The remaining 5% may be invested in securities with lower credit ratings or, if unrated, determined to be of comparable quality by the advisor.

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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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