Investment Test Drive

IOXAX Catalyst/Stone Beach Income Opp A

5 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund IOXAX Catalyst/Stone Beach Income Opp A FPNIX FPA New Income ISIWX Voya Strategic Income Opportunities W  
Similarity
?
100% 92% 89%
Annual Fees
?
$161.47
(1.58% Exp. Ratio)
$50.08
(0.49% Exp. Ratio)
$91.98
(0.90% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.20% annual return
$11,908.28 $16,571.06 $14,640.57
Est. savings over 30 yrs +$4,662.77 +$2,732.29
Return
As of 11/30/16
1 YR RETURN 1.32%
3 YR --
5 YR --
10 YR --
1 YR RETURN 1.72%
3 YR 1.11%
5 YR 1.31%
10 YR 2.51%
1 YR RETURN 4.86%
3 YR 3.76%
5 YR --
10 YR --
Description
The investment seeks high current income with a secondary objective of capital appreciation. The fund seeks to deliver monthly dividend income derived from its investments in mortgage-backed securities ("MBS"), including U.S. agency and non-agency residential MBS, commercial mortgage-backed securities ("CMBS"), real estate investment trusts ("REITs") and other related instruments. U.S. agency MBS in which the fund may invest include pass through and structured securities, such as fixed, floating and inverse floating rate collateralized mortgage obligations ("CMOs") as well as interest- only and principal only MBS. It is non-diversified.
The investment seeks current income and long-term total return. The fund's investment adviser, First Pacific Advisors, LLC, primarily invests in a diversified portfolio of debt securities, cash and cash equivalents. It generally invests in highly rated debt securities and will invest at least 75% of its total assets, calculated at market value at time of purchase, in debt securities rated at least A- or its equivalent by a NRSRO. The fund may invest up to 25% of its total assets, calculated at market value at time of purchase, in debt securities that are rated below A- or its equivalent by a NRSRO or that are unrated.
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.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.

+

Your Feedback has been sent successfully!