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FIOKX First Investors Tax Exempt OH Advisor

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Fund FIOKX First Investors Tax Exempt OH Advisor VOHIX Vanguard OH Long-Term Tax-Exempt TOHYX Touchstone Ohio Tax-Free Bond Y  
100% 91% 87%
Annual Fees
(0.96% Exp. Ratio)
(0.16% Exp. Ratio)
(0.60% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$13,904.78 $17,700.37 $15,503.75
Est. savings over 30 yrs +$3,795.59 +$1,598.97
As of 12/31/16
1 YR RETURN 0.21%
3 YR 3.62%
5 YR 2.56%
10 YR 3.62%
1 YR RETURN 0.98%
3 YR 5.39%
5 YR 4.03%
10 YR 4.43%
1 YR RETURN 0.27%
3 YR 3.64%
5 YR 3.17%
10 YR 3.73%
The investment seeks a high level of interest income that is exempt from both federal and state income tax for individual residents of the state of Ohio; it also seeks income that is not a tax preference item for purposes of the federal alternative minimum tax. Under normal circumstances, at least 80% of the fund's net assets (plus any borrowings for investment purposes) will be invested in municipal securities that pay interest that is exempt from federal income tax and is not a Tax Preference Item, and any applicable state income tax for individual residents of the state of Ohio.
The investment seeks to provide current income that is exempt from both federal and Ohio personal income taxes. The fund invests primarily in high-quality municipal bonds issued by Ohio state and local governments, as well as by regional governmental and public financing authorities. Under normal circumstances, at least 80% of its assets will be invested in securities whose income is exempt from federal and Ohio 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 the highest level of interest income exempt from federal income tax and Ohio personal income tax, consistent with the protection of capital. Under normal circumstances, the fund invests at least 80% of its assets in high-quality, long-term Ohio municipal obligations, including general obligation bonds, revenue bonds, and industrial development bonds. High-quality, long-term Ohio municipal obligations are, for purposes of this fund, considered to be obligations rated within the three highest rating categories, with remaining maturities of 3 years or more. 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.

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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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