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AAIFX Crow Point Alternative Income Investor

3 lower fee alternatives found

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Fund AAIFX Crow Point Alternative Income Investor ISIWX Voya Strategic Income Opportunities W MWSTX Metropolitan West Strategic Income M  
Similarity
?
100% 90% 85%
Annual Fees
?
$278.04
(2.72% Exp. Ratio)
$92.00
(0.90% Exp. Ratio)
$191.15
(1.87% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.22% annual return
$8,451.30 $14,737.58 $10,971.61
Est. savings over 30 yrs +$6,286.28 +$2,520.32
Return
As of 11/30/16
1 YR RETURN -0.40%
3 YR -0.64%
5 YR --
10 YR --
1 YR RETURN 4.86%
3 YR 3.76%
5 YR --
10 YR --
1 YR RETURN 2.44%
3 YR 1.82%
5 YR 4.35%
10 YR 3.09%
Description
The investment seeks to provide shareholders with above-average total returns over a complete market cycle primarily through capital appreciation and income generation. The fund seeks to achieve its investment objective under normal market conditions by allocating assets among credit related instruments such as corporate bonds, municipal bonds, mortgage and asset-backed securities, and floating rate securities. It may invest, directly and indirectly (through ETFs, ETNs, and mutual funds), in securities of issuers of any credit quality. The fund is non-diversified.
The investment seeks total return through income and capital appreciation through all market cycles. The fund invests in fixed-income instruments, including investment-grade securities and below investment-grade securities, commonly referred to as "junk bonds." It generally maintains a dollar-weighted average duration profile between -2 and 6 years. The fund may also invest in floating rate loans, and other floating rate debt instruments.
The investment seeks to maximize long-term total return without tracking any particular markets or indices. The fund pursues its objective by using techniques intended to provide absolute (positive) returns in all markets and employs a strategy intended to produce high income while exploiting disparities or inefficiencies in markets. It focuses on inefficiencies related to secured or asset-backed debt compared with unsecured and subordinated debt or equity of companies and issuers. Additionally, the fund focuses on longer-term cyclical anomalies in the fixed income markets to both enhance yield and realize potential price appreciation.

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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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