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MLMRX MFS Limited Maturity R2

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Fund MLMRX MFS Limited Maturity R2 SLQD iShares 0-5 Year Invmt Grd Corp Bd VBIRX Vanguard Short-Term Bond Index Adm  
Similarity
?
100% 89% 88%
Annual Fees
?
$102.17
(1.00% Exp. Ratio)
$8.17
(0.08% Exp. Ratio)
$9.20
(0.09% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.17% annual return
$14,073.04 $18,573.97 $18,518.28
Est. savings over 30 yrs +$4,500.93 +$4,445.25
Return
As of 11/30/16
1 YR RETURN 0.98%
3 YR 0.40%
5 YR 1.00%
10 YR 1.90%
1 YR RETURN 1.65%
3 YR 1.40%
5 YR --
10 YR --
1 YR RETURN 1.14%
3 YR 1.09%
5 YR 1.23%
10 YR 2.98%
Description
The investment seeks total return with an emphasis on current income; but also considering capital preservation. The fund normally invests its assets primarily in debt instruments. Debt instruments include U.S. government securities, corporate bonds, foreign government securities, asset-backed securities, and other obligations to repay money borrowed. Its dollar-weighted average effective maturity will normally not exceed five years.
The investment seeks to track the investment results of the Markit iBoxx® USD Liquid Investment Grade 0-5 Index composed of U.S. dollar-denominated, investment-grade corporate bonds with remaining maturities of less than five years. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is designed to reflect the performance of U.S. dollar-denominated investment-grade corporate debt.
The investment seeks to track the performance of a market-weighted 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 Government/Credit Float Adjusted Index. This index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 1 and 5 years and are publicly issued. All of its investments will be selected through the sampling process, and at least 80% of its assets will be invested in bonds held 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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