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FLDAX Franklin Low Duration Total Return A

3 lower fee alternatives found

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Fund FLDAX Franklin Low Duration Total Return A VFSTX Vanguard Short-Term Investment-Grade Inv USSBX USAA Short-Term Bond  
Similarity
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100% 90% 88%
Annual Fees
?
$83.69
(0.82% Exp. Ratio)
$20.41
(0.20% Exp. Ratio)
$62.26
(0.61% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.06% annual return
$14,402.18 $17,362.87 $15,345.67
Est. savings over 30 yrs +$2,960.68 +$943.49
Return
As of 12/31/16
1 YR RETURN 2.67%
3 YR 1.02%
5 YR 1.67%
10 YR 2.99%
1 YR RETURN 2.72%
3 YR 1.84%
5 YR 2.19%
10 YR 3.23%
1 YR RETURN 3.00%
3 YR 1.56%
5 YR 1.95%
10 YR 3.34%
Description
The investment seeks a high level of current income while preserving of capital. The fund invests primarily in investment grade debt securities and investments, including government and corporate debt securities, mortgage- and asset-backed securities, floating interest rate corporate loans and debt securities, and municipal securities, targeting an estimated average portfolio duration of three years or less. It may also invest up to 20% of its total assets in non-investment grade debt securities.
The investment seeks to provide current income while maintaining limited price volatility. The fund invests in a variety of high-quality and, to a lesser extent, medium-quality fixed income securities, at least 80% of which will be short- and intermediate-term investment-grade securities. High-quality fixed income securities are those rated the equivalent of A3 or better; medium-quality fixed income securities are those rated the equivalent of Baa1, Baa2, or Baa3.
The investment seeks high current income consistent with preservation of principal. The fund normally invests at least 80% of its assets in a broad range of investment-grade debt securities that have a dollar-weighted average portfolio maturity of three years or less. The debt securities in which the fund may invest include, among others, obligations of U.S., state, and local governments, their agencies and instrumentalities; mortgage- and asset-backed securities; corporate debt securities; repurchase agreements; and other securities believed to have debt-like characteristics.

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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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