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LABAX Loomis Sayles Strategic Alpha A

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Fund LABAX Loomis Sayles Strategic Alpha A ISIWX Voya Strategic Income Opportunities W  
Similarity
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100% 89%
Annual Fees
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$112.44
(1.10% Exp. Ratio)
$92.00
(0.90% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.22% annual return
$13,870.92 $14,737.58
Est. savings over 30 yrs +$866.66
Return
As of 11/30/16
1 YR RETURN 4.85%
3 YR 2.30%
5 YR 4.03%
10 YR --
1 YR RETURN 4.86%
3 YR 3.76%
5 YR --
10 YR --
Description
The investment seeks to provide an attractive absolute total return, complemented by prudent investment management designed to manage risks and protect investor capital; to achieve these returns with relatively low volatility is a secondary goal. The fund may invest up to 100% of its total assets in below investment grade fixed-income securities and derivatives that have returns related to the returns on below investment grade fixed-income securities. It also may invest up to 50% of its total assets in investments denominated in non-U.S. currencies and related derivatives. 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.

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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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