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FLTCX Nuveen Limited Term Municipal Bond C2

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Fund FLTCX Nuveen Limited Term Municipal Bond C2 IBMG iShares iBonds Sep 2018 Term Muni Bond GTCMX Glenmede Municipal Intermediate  
Similarity
?
100% 91% 85%
Annual Fees
?
$99.94
(0.98% Exp. Ratio)
$18.36
(0.18% Exp. Ratio)
$23.46
(0.23% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.98% annual return
$13,395.50 $17,052.90 $16,798.50
Est. savings over 30 yrs +$3,657.40 +$3,403.00
Return
As of 12/31/16
1 YR RETURN -1.31%
3 YR 0.87%
5 YR 0.95%
10 YR 2.41%
1 YR RETURN 0.59%
3 YR 1.15%
5 YR --
10 YR --
1 YR RETURN -0.08%
3 YR 1.78%
5 YR 1.44%
10 YR 2.87%
Description
The investment seeks a level of current interest income exempt from regular federal income taxes as is consistent with preservation of capital. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher. The fund may invest up to 20% of its net assets in below investment grade municipal bonds, commonly referred to as "high yield" or "junk" bonds.
The investment seeks to track the investment results of the S&P AMT-Free Municipal Series 2018 IndexTM (the "underlying index"), which measures the performance of investment-grade, non-callable U.S. municipal bonds maturing in 2018. 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, as well as in securities not included in the underlying index, but which the advisor believes will help the fund track the underlying index. It is non-diversified.
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.

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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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