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ANJCX AB Municipal Income II New Jersey C

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Fund ANJCX AB Municipal Income II New Jersey C VNJTX Vanguard NJ Long-Term Tax-Exempt Inv FNJHX Fidelity® New Jersey Municipal Income  
Similarity
?
100% 97% 97%
Annual Fees
?
$160.27
(1.57% Exp. Ratio)
$20.42
(0.20% Exp. Ratio)
$49.00
(0.48% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$11,538.09 $17,467.29 $16,055.37
Est. savings over 30 yrs +$5,929.20 +$4,517.28
Return
As of 11/30/16
1 YR RETURN 0.09%
3 YR 2.73%
5 YR 2.46%
10 YR 2.66%
1 YR RETURN 1.06%
3 YR 3.96%
5 YR 3.72%
10 YR 3.78%
1 YR RETURN 1.08%
3 YR 3.40%
5 YR 3.20%
10 YR 3.69%
Description
The investment seeks to earn the highest level of current income exempt from both federal income tax and State of New Jersey personal income tax that is available without assuming what the Adviser considers to be undue risk. The fund invests at least 80% of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal alternative minimum tax ("AMT") for certain taxpayers. It invests at least 80% of its net assets in municipal securities of New Jersey or municipal securities with interest that is otherwise exempt from New Jersey state income tax.
The investment seeks to provide current income that is exempt from both federal and New Jersey personal income taxes. The fund invests primarily in high-quality municipal bonds issued by New Jersey state and local governments, as well as by regional governmental and public financing authorities. At least 80% of its assets will be invested in securities whose income is exempt from federal and New Jersey state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 10 and 25 years. The fund is non-diversified.
The investment seeks a high level of current income exempt from federal and New Jersey personal income taxes. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and New Jersey personal income taxes. It allocates assets across different market sectors and maturities. The fund invests more than 25% of total assets in municipal securities that finance similar types of projects. It 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

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