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SUB iShares Short-Term National Muni Bond

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Fund SUB iShares Short-Term National Muni Bond SHM SPDR® Nuveen Barclays ST Muni Bd ETF VMLTX Vanguard Ltd-Term Tx-Ex  
100% 91% 90%
Annual Fees
(0.25% Exp. Ratio)
(0.20% Exp. Ratio)
(0.20% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.85% annual return
$16,055.24 $16,298.44 $16,298.44
Est. savings over 30 yrs +$243.20 +$243.20
As of 9/30/16
1 YR RETURN 0.73%
3 YR 0.79%
5 YR 0.79%
10 YR --
1 YR RETURN 1.08%
3 YR 1.25%
5 YR 1.15%
10 YR --
1 YR RETURN 1.76%
3 YR 1.67%
5 YR 1.51%
10 YR 2.59%
The investment seeks to track the investment results of the S&P Short Term National AMT-Free Municipal Bond IndexTM. 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. The index measures the performance of the short-term investment-grade segment of the U.S. municipal bond market.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Barclays Managed Money Municipal Short Term 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 tracks the short term tax exempt municipal bond market and provides income that is exempt from federal income taxes. The fund is non-diversified.
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.


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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