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MTLBX MFS Municipal Limited Maturity B

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Fund MTLBX MFS Municipal Limited Maturity B FSTFX Fidelity® Limited Term Municipal Income BIAEX Brown Advisory Tax Exempt Bond Investor  
Similarity
?
100% 95% 94%
Annual Fees
?
$147.88
(1.45% Exp. Ratio)
$48.95
(0.48% Exp. Ratio)
$49.97
(0.49% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.98% annual return
$11,633.86 $15,607.60 $15,560.62
Est. savings over 30 yrs +$3,973.74 +$3,926.76
Return
As of 10/31/16
1 YR RETURN 1.37%
3 YR 1.44%
5 YR 1.42%
10 YR 2.25%
1 YR RETURN 1.41%
3 YR 1.52%
5 YR 1.65%
10 YR 2.70%
1 YR RETURN 3.96%
3 YR 3.17%
5 YR --
10 YR --
Description
The investment seeks total return with an emphasis on income exempt from federal income tax, but also considering capital preservation. The fund invests, under normal market conditions, at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax. Interest from the fund's investments may be subject to the federal alternative minimum tax. Its investment adviser normally invests the fund's assets primarily in municipal instruments. The fund's dollar-weighted average effective maturity will normally not exceed five years.
The investment seeks as high a level of current income, exempt from federal income tax, as is consistent with preservation of capital. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. It normally maintains a dollar-weighted average maturity between two and five years. The fund invests more than 25% of total assets in municipal securities that finance similar types of projects.
The investment seeks to provide a high level of current income exempt from Federal income tax by investing primarily in intermediate-term investment grade municipal bonds. The fund normally will invest at least 80% of the fund's net assets (plus borrowings for investment purposes) in securities the interest of which is exempt from Federal income taxes and that do not subject shareholders to the federal alternative minimum tax ("AMT"). It may invest up to 20% of its assets in securities that may fully subject shareholders to Federal income tax, including the AMT. The fund 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.

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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