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FMEQX Wasatch-1st Source Income

5 lower fee alternatives found

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Fund FMEQX Wasatch-1st Source Income VSCSX Vanguard Short-Term Corp Bd Idx Admiral VCSH Vanguard Short-Term Corporate Bond ETF  
Similarity
?
100% 90% 90%
Annual Fees
?
$74.49
(0.73% Exp. Ratio)
$10.20
(0.10% Exp. Ratio)
$10.20
(0.10% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.04% annual return
$14,731.31 $17,810.06 $17,810.06
Est. savings over 30 yrs +$3,078.75 +$3,078.75
Return
As of 10/31/16
1 YR RETURN 2.39%
3 YR 1.85%
5 YR 1.57%
10 YR 3.11%
1 YR RETURN 3.04%
3 YR 2.23%
5 YR 2.70%
10 YR --
1 YR RETURN 3.06%
3 YR 2.23%
5 YR 2.69%
10 YR --
Description
The investment seeks current income consistent with the preservation of capital. The fund normally invests at least 65% of its total assets in debt securities of all types, including corporate bonds, U.S. government bonds, and variable and floating rate securities. It will have an average maturity of 3-1/2 years to 5 years and an effective duration of 2-1/2 years to 4-1/2 years. The fund may engage in repurchase transactions, credit default swaps, forward contracts, and may also engage in futures transactions solely for hedging purposes, and may invest in options on futures. It may also invest in other investment companies.
The investment seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. 1-5 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 1 and 5 years. Under normal circumstances, at least 80% of the fund's assets will be invested in bonds included in the index.
The investment seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. 1-5 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 1 and 5 years. Under normal circumstances, at least 80% of the fund's assets will be invested in bonds included in the index.

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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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