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PSDQX Putnam Short Duration Income R6

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Fund PSDQX Putnam Short Duration Income R6 GSY Guggenheim Enhanced Short Dur ETF RAVI FlexShares Ready Access Variable Inc ETF  
Similarity
?
100% 91% 88%
Annual Fees
?
$29.55
(0.29% Exp. Ratio)
$27.51
(0.27% Exp. Ratio)
$25.47
(0.25% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.90% annual return
$16,118.44 $16,215.72 $16,313.56
Est. savings over 30 yrs +$97.27 +$195.12
Return
As of 11/30/16
1 YR RETURN 1.09%
3 YR 0.69%
5 YR 0.79%
10 YR --
1 YR RETURN 1.73%
3 YR 1.21%
5 YR 1.31%
10 YR --
1 YR RETURN 1.09%
3 YR 0.76%
5 YR --
10 YR --
Description
The investment seeks as high a rate of current income as the advisor believes is consistent with preservation of capital and maintenance of liquidity. The fund invests in a diversified portfolio of fixed income securities comprised of short duration, investment-grade money market and other fixed income securities. Under normal circumstances, the effective duration of the fund's portfolio will generally not be greater than one year.
The investment seeks maximum current income, consistent with preservation of capital and daily liquidity. The fund will invest at least 80% of its net assets in fixed income securities and in ETFs and closed-end funds that invest substantially all of their assets in fixed income securities. It uses a low duration strategy to seek to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index in addition to providing returns in excess of those available in U.S. Treasury bills, government repurchase agreements, and money market funds, while seeking to provide preservation of capital and daily liquidity. The fund may invest in short-term instruments.
The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve its investment objective by investing at least 80% of its total assets in a non-diversified portfolio of fixed-income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed-income securities and instruments of issuers in emerging markets. 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.

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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