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PRFSX T. Rowe Price Tax-Free Shrt-Interm

3 lower fee alternatives found

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Fund PRFSX T. Rowe Price Tax-Free Shrt-Interm IBMG iShares iBonds Sep 2018 Term Muni Bond GTCMX Glenmede Municipal Intermediate  
Similarity
?
100% 92% 85%
Annual Fees
?
$49.97
(0.49% 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
$15,559.71 $17,081.52 $16,826.69
Est. savings over 30 yrs +$1,521.82 +$1,266.99
Return
As of 11/30/16
1 YR RETURN -0.65%
3 YR 0.66%
5 YR 1.14%
10 YR 2.53%
1 YR RETURN 0.41%
3 YR 1.02%
5 YR --
10 YR --
1 YR RETURN -0.47%
3 YR 1.46%
5 YR 1.53%
10 YR 2.78%
Description
The investment seeks to provide, consistent with modest price fluctuation, a high level of income exempt from federal income taxes. The fund invests primarily in short-term municipal securities (maturities of less than three years) and intermediate-term municipal securities (maturities between three and ten years). Its weighted average maturity normally ranges from two to five years and is not expected to exceed five years.
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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