Investment Test Drive

PGLBX Putnam Global Income B

2 lower fee alternatives found

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Fund PGLBX Putnam Global Income B GBIUX Goldman Sachs Global Income R6 PYGFX Payden Global Fixed Income  
Similarity
?
100% 85% 85%
Annual Fees
?
$195.63
(1.92% Exp. Ratio)
$69.29
(0.68% Exp. Ratio)
$77.44
(0.76% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.89% annual return
$9,807.08 $14,296.42 $13,954.96
Est. savings over 30 yrs +$4,489.34 +$4,147.88
Return
As of 11/30/16
1 YR RETURN 0.41%
3 YR -0.18%
5 YR 1.25%
10 YR 3.86%
1 YR RETURN 2.43%
3 YR 3.10%
5 YR 3.65%
10 YR 3.98%
1 YR RETURN 2.91%
3 YR 3.90%
5 YR 4.45%
10 YR 4.08%
Description
The investment seeks high current income; preservation of capital and long-term total return are secondary objectives, but only to the extent consistent with the objective of seeking high current income. The fund invests mainly in bonds and securitized debt instruments (such as mortgage-backed investments) that are obligations of companies and governments worldwide; that are investment-grade in quality; and that have intermediate-term to long-term maturities (three years or longer). It invests at least 80% of its net assets in investment-grade securities. The fund may also invest in bonds that are below investment-grade in quality. It is non-diversified.
The investment seeks a high total return, emphasizing current income, and, to a lesser extent, providing opportunities for capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in a portfolio of fixed income securities of U.S. and foreign issuers. Foreign securities include securities of issuers located outside the U.S. or securities quoted or denominated in a currency other than the U.S. dollar. It also enters into transactions in foreign currencies, typically through the use of forward contracts and swap contracts. It is non-diversified.
The investment seeks a high level of total return that is consistent with preservation of capital. The fund invests in a wide variety of debt instruments and income-producing securities. The fund invests at least 65% of its total assets in investment grade debt securities. However, the fund may invest up to 35% of its total assets in debt securities rated below investment grade (commonly called "junk bonds"). The overall average credit quality of the fund will remain investment grade. 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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