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JMGSX JPMorgan Managed Income Select

2 lower fee alternatives found

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Fund JMGSX JPMorgan Managed Income Select FLRN SPDR® Blmbg Barclays Inv Grd Flt Rt ETF FLOT iShares Floating Rate Bond  
Similarity
?
100% 85% 85%
Annual Fees
?
$25.47
(0.25% Exp. Ratio)
$15.28
(0.15% Exp. Ratio)
$20.38
(0.20% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.90% annual return
$16,313.56 $16,811.39 $16,560.67
Est. savings over 30 yrs +$497.83 +$247.11
Return
As of 11/30/16
1 YR RETURN 0.87%
3 YR 0.48%
5 YR 0.50%
10 YR --
1 YR RETURN 1.44%
3 YR 0.71%
5 YR 1.29%
10 YR --
1 YR RETURN 1.42%
3 YR 0.64%
5 YR 1.36%
10 YR --
Description
The investment seeks current income while seeking to maintain a low volatility of principal. The fund mainly invests in investment grade, U.S. dollar denominated short-term fixed and floating rate debt securities. It will concentrate its investments in the banking industry. Therefore, under normal conditions, the fund will invest more than 25% of its assets in securities issued by companies in the banking industry. The fund may, however, invest less than 25% of its assets in this industry as a temporary defensive measure.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays U.S. Dollar Floating Rate Note < 5 Years Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of U.S. dollar-denominated, investment grade floating rate notes. The fund is non-diversified.
The investment seeks to track the investment results of the Bloomberg 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.

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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