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MQLFX MFS Limited Maturity A

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Fund MQLFX MFS Limited Maturity A SLQD iShares 0-5 Year Invmt Grd Corp Bd IBDB iShares iBonds Mar 2018 Term Corporate  
Similarity
?
100% 89% 88%
Annual Fees
?
$76.63
(0.75% Exp. Ratio)
$8.17
(0.08% Exp. Ratio)
$10.22
(0.10% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.18% annual return
$15,228.70 $18,634.61 $18,523.03
Est. savings over 30 yrs +$3,405.90 +$3,294.33
Return
As of 11/30/16
1 YR RETURN 1.07%
3 YR 0.65%
5 YR 1.26%
10 YR 2.17%
1 YR RETURN 1.65%
3 YR 1.40%
5 YR --
10 YR --
1 YR RETURN 1.75%
3 YR 1.63%
5 YR --
10 YR --
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 investment results of the Bloomberg Barclays 2018 Maturity Corporate Index composed of U.S. dollar-denominated, investment-grade corporate bonds maturing after March 31, 2017 and before April 1, 2018. The fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the underlying fund) of the underlying index, except during the last months of the fund's operations. The underlying index is sponsored by Bloomberg Barclays Capital Inc. or its affiliates (the "index provider" or "Bloomberg Barclays"), which is independent of the fund and BFA. The fund is non-diversified.

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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.

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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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