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CMGUX CMG Ultra Short Term Bond

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Fund CMGUX CMG Ultra Short Term Bond FLOT iShares Floating Rate Bond  
100% 87%
Annual Fees
(0.25% Exp. Ratio)
(0.20% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.44% annual return
$14,246.75 $14,462.55
Est. savings over 30 yrs +$215.80
As of 9/30/16
1 YR RETURN 0.89%
3 YR 0.58%
5 YR 0.71%
10 YR 1.40%
1 YR RETURN 1.29%
3 YR 0.60%
5 YR 1.27%
10 YR --
The investment seeks a high level of current income consistent with the maintenance of liquidity and the preservation of capital. Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in a diversified portfolio of domestic debt securities of investment grade quality. Debt securities may be issued by governments, companies or special purpose entities and may include notes, bonds, debentures and commercial paper. Under normal circumstances, the fund's dollar weighted average effective maturity will be two years or less, and its duration will be one year or less.
The investment seeks to track the investment results of the Barclays US Floating Rate Note < 5 Years Index (the "underlying index"), which measures the performance of U.S. dollar-denominated, investment-grade floating rate notes. 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, as well as in securities not included in the underlying index, but which BFA believes will help the fund track the underlying 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.


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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