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MGBAX MFS Global Bond A

4 lower fee alternatives found

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Fund MGBAX MFS Global Bond A PRSNX T. Rowe Price Global Multi-Sector Bd LMGDX Laudus Mondrian Global Govt Fxd Inc  
Similarity
?
100% 85% 87%
Annual Fees
?
$106.99
(1.05% Exp. Ratio)
$78.46
(0.77% Exp. Ratio)
$86.61
(0.85% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.89% annual return
$12,791.07 $13,922.67 $13,589.84
Est. savings over 30 yrs +$1,131.60 +$798.77
Return
As of 10/31/16
1 YR RETURN 6.25%
3 YR -0.50%
5 YR -0.59%
10 YR --
1 YR RETURN 7.57%
3 YR 3.92%
5 YR 4.61%
10 YR --
1 YR RETURN 7.94%
3 YR -0.43%
5 YR --
10 YR --
Description
The investment seeks total return with an emphasis on current income, but also considering capital appreciation. The fund normally invests at least 80% of the fund's net assets in debt instruments of U.S. and foreign issuers, including emerging markets issuers. Debt instruments include U.S. government securities, corporate bonds, foreign government securities, and other obligations to repay money borrowed. It is non-diversified.
The investment seeks high income and some capital appreciation. The fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in bonds. It may invest in a variety of holdings in an effort to enhance income and achieve some capital growth. Up to 50% of the fund's net assets can be invested in non-U.S. dollar-denominated foreign debt securities. Up to 65% of the fund's net assets can be invested in securities and other holdings that are rated noninvestment-grade (below BBB, or an equivalent rating).
The investment seeks long-term total return consistent with its value-oriented investment approach. Under normal circumstances, the fund will invest at least 80% of its net assets (including, for this purpose, any borrowings for investment purposes) in fixed income securities issued by governments, government agencies or instrumentalities including government-sponsored entities and supra-national entities. It invests primarily in fixed income securities that may also provide the potential for capital appreciation. The fund is a global fund that invests in issuers located throughout the world, including in emerging countries. It 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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