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DDFAX Delaware Diversified Floating Rate A

3 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund DDFAX Delaware Diversified Floating Rate A THHY VanEck Vectors Trs-Hdgd Hi Yld Bd ETF EXCPX Manning & Napier Unconstrained Bond S  
Similarity
?
100% 88% 93%
Annual Fees
?
$98.87
(0.97% Exp. Ratio)
$50.96
(0.50% Exp. Ratio)
$78.48
(0.77% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.93% annual return
$13,235.24 $15,255.30 $14,061.06
Est. savings over 30 yrs +$2,020.06 +$825.82
Return
As of 10/31/16
1 YR RETURN 2.10%
3 YR 0.90%
5 YR 1.84%
10 YR --
1 YR RETURN 6.22%
3 YR 1.91%
5 YR --
10 YR --
1 YR RETURN 3.41%
3 YR 2.11%
5 YR 3.41%
10 YR 5.24%
Description
The investment seeks total return. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating-rate securities, including but not limited to, investment grade corporate bonds, bank loans, high yield bonds, non-agency mortgage-backed securities, asset-backed securities, securities issued or guaranteed by the U.S. government, municipal bonds, securities of foreign issuers in both developed and emerging markets, and may include derivatives instruments that attempt to achieve a floating rate of income for the fund when they are combined with a group of fixed-rate securities.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVISä US Treasury-Hedged High Yield Bond Index (the "Treasury-Hedged High Yield Bond Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index was designed to provide exposure to below investment grade corporate bonds, denominated in U.S. dollars, and, through the use of U.S. Treasury notes, to hedge against rising interest rates.
The investment seeks to provide long-term total return, and its secondary objective is to provide preservation of capital. The fund will invest, under normal circumstances, at least 80% of its net assets in bonds and other financial instruments, principally derivative instruments and exchange-traded funds (ETFs), with economic characteristics similar to bonds. It may invest up to 50% of its assets in below investment grade securities (also referred to as "high yield bonds" or "junk bonds") and may invest up to 50% of its assets in non-U.S. dollar denominated securities, including securities issued by companies located in emerging markets.

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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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