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MCFRX Pioneer Multi-Asset Ultrashort Income C

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Fund MCFRX Pioneer Multi-Asset Ultrashort Income C NUSFX Northern Ultra-Short Fixed Income NEAR iShares Short Maturity Bond  
100% 90% 90%
Annual Fees
(0.94% Exp. Ratio)
(0.25% Exp. Ratio)
(0.26% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.44% annual return
$11,568.53 $14,246.75 $14,203.96
Est. savings over 30 yrs +$2,678.21 +$2,635.43
As of 9/30/16
1 YR RETURN 1.18%
3 YR 0.71%
5 YR 0.98%
10 YR --
1 YR RETURN 1.56%
3 YR 0.98%
5 YR 1.22%
10 YR --
1 YR RETURN 1.23%
3 YR 0.97%
5 YR --
10 YR --
The investment seeks a high level of current income to the extent consistent with a relatively high level of stability of principal. Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in floating rate instruments of U.S. and non-U.S. issuers, including: senior secured loans and second lien or other subordinated or unsecured loans; debt issued by banks and other corporate, governmental and non-governmental entities; corporate bonds; mortgage-backed and asset-backed securities; event-linked bonds and other insurance-linked securities; and preferred stock.
The investment seeks to maximize total return (capital appreciation and income) to the extent consistent with preservation of principal. The fund will, under normal circumstances, invest primarily (and not less than 80% of its net assets) in fixed-income securities. It invests in investment grade domestic debt obligations (i.e., obligations rated within the top four rating categories by a Nationally Recognized Statistical Rating Organization or of comparable quality as determined by the fund's investment adviser).
The investment seeks to maximize current income. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in a portfolio of U.S. dollar-denominated investment-grade fixed-income securities. Under normal circumstances, the effective duration of its portfolio is expected to be one year or less, as calculated by the management team. It is an actively managed exchange-traded fund ("ETF") that does not seek to replicate the performance of a specified index. 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.

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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