Investment Test Drive

GAANX Goldman Sachs Fxd Inc Mcr Strts C

2 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund GAANX Goldman Sachs Fxd Inc Mcr Strts C SUBYX Scout Unconstrained Bond Y ISIWX Voya Strategic Income Opportunities W  
Similarity
?
100% 90% 85%
Annual Fees
?
$252.78
(2.48% Exp. Ratio)
$81.54
(0.80% Exp. Ratio)
$91.73
(0.90% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.93% annual return
$8,347.17 $13,934.09 $13,518.80
Est. savings over 30 yrs +$5,586.92 +$5,171.63
Return
As of 10/31/16
1 YR RETURN -0.57%
3 YR --
5 YR --
10 YR --
1 YR RETURN 4.01%
3 YR 0.52%
5 YR 5.03%
10 YR --
1 YR RETURN 4.30%
3 YR 3.68%
5 YR --
10 YR --
Description
The investment seeks to generate long-term absolute return. The fund invests primarily in fixed income investments, including but not limited to: U.S. and foreign investment grade and non-investment grade fixed income investments, securities issued or guaranteed by the U.S. government, its agencies, instrumentalities or sponsored enterprises ("U.S. government securities"), agency securities, agency mortgage-backed securities, as well as pooled investment vehicles, derivatives and other instruments that provide exposure to such investments. It is non-diversified.
The investment seeks to maximize total return consistent with the preservation of capital. The fund pursues its objective by investing at least 80% of its net assets in fixed income instruments. The fixed income instruments in which the fund may invest can be of varying maturities and include bonds, debt securities, mortgage- and asset-backed securities (including to-be-announced securities) and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities.
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.

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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