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NARAX Virtus Multi-Sector S/T Bd A

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Fund NARAX Virtus Multi-Sector S/T Bd A FATRX Frost Total Return Bond Investor THOPX Thompson Bond  
Similarity
?
100% 93% 86%
Annual Fees
?
$99.11
(0.97% Exp. Ratio)
$78.68
(0.77% Exp. Ratio)
$72.55
(0.71% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.18% annual return
$14,247.90 $15,136.91 $15,413.91
Est. savings over 30 yrs +$889.01 +$1,166.01
Return
As of 11/30/16
1 YR RETURN 3.59%
3 YR 1.87%
5 YR 3.41%
10 YR 4.40%
1 YR RETURN 3.93%
3 YR 2.87%
5 YR 4.72%
10 YR 5.61%
1 YR RETURN 7.05%
3 YR 2.33%
5 YR 3.95%
10 YR 5.61%
Description
The investment seeks high current income while attempting to limit changes in the fund's net asset value per share caused by interest rate changes. The fund seeks current income with an emphasis on maintaining low volatility and overall short duration by investing primarily in higher quality, more liquid securities across 14 bond market sectors. It invests at least 80% of its assets in bonds, which are fixed income debt obligations of various types of issuers. The fund invests in a diversified portfolio of primarily short-term fixed income securities having an expected dollar-weighted average maturity of three years or less.
The investment seeks to maximize total return, consisting of income and capital appreciation, consistent with the preservation of principal. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities. The advisor actively manages the duration of the fund and purchases securities such that the average weighted duration of the fund's portfolio will typically range within plus or minus three years of the fund benchmark's duration. Its fixed income investments focus primarily on investment grade securities, but may at times include securities rated below investment grade.
The investment seeks a higher level of current income while preserving capital. The fund normally invests at least 80% of its net assets plus any borrowing for investment purposes in a diversified portfolio of bonds, including corporate bonds of domestic issuers and of foreign issuers payable in U.S. dollars, short-term debt instruments, mortgage- and asset-related securities, bonds of foreign government issuers (including its agencies and instrumentalities) payable in U.S. dollars, and U.S. Treasury securities and other debt securities issued or guaranteed by the U.S. government (including its agencies and instrumentalities).

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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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