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AFXIX American Beacon Flexible Bond Instl

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Fund AFXIX American Beacon Flexible Bond Instl ISIWX Voya Strategic Income Opportunities W  
Similarity
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100% 87%
Annual Fees
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$92.75
(0.91% Exp. Ratio)
$91.73
(0.90% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.93% annual return
$13,477.93 $13,518.80
Est. savings over 30 yrs +$40.86
Return
As of 10/31/16
1 YR RETURN 3.67%
3 YR 0.83%
5 YR 2.05%
10 YR --
1 YR RETURN 4.30%
3 YR 3.68%
5 YR --
10 YR --
Description
The investment seeks to provide a positive total return regardless of market conditions. The fund normally invests at least 80% of its net assets, plus borrowings for investment purposes, in fixed-income instruments of varying maturities and derivative instruments that provide exposure to fixed income instruments. It invests in fixed income instruments without restrictions on their credit quality, although the fund's investments in non-investment grade securities, known also as high yield or ''junk'' bonds, are limited to 40% of the fund's total assets. The fund's weighted average portfolio duration may range from -5 to +8 years. It 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.

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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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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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