Where to find it | Investments, then Today. The insights sit below your allocation. |
Available to | Beta members |
What it changes in your plan | Nothing. These insights are education. Your projections use the rate of return you entered for each account in Assets and Debts. |
What you need | Holdings in at least one account. Connect an account, add positions yourself, or upload a statement. |
Related articles |
Investments: Today looks at your holdings in three ways: what you pay in fund fees, how your investments are spread across tax types, and concentration risk, whether one holding could move your portfolio more than you'd expect. This article explains what each insight shows and how to use it.
Boldin doesn't recommend specific securities or trades. This is general education, not a recommendation for your specific holdings. Talk with a tax professional before making changes.
What you'll see
Fees
What do you pay in fund fees?
Your yearly fees: an estimate of what your funds cost each year, based on your current holdings.
Weighted average expense ratio: your average fee across all holdings that charge fund fees.
What this means for you: how your funds and ETFs compare with the Morningstar average, in dollars.
Holdings: Your holdings, those with the highest expense ratio holdings show first.
Ways to lower what you pay: ideas to explore, such as checking the shaded holdings, looking at a cheaper share class, or comparing custodians, platforms, and advisors.
Tax Diversification
How tax-diversified is your portfolio?
Tax allocation: a pie chart of your investments by tax type: taxable, tax-deferred, and tax-free.
Tax location: for each tax type, the mix of equities, fixed income, and cash you hold there.
Ways to manage taxable income in retirement: ideas to explore, such as where new money goes, withdrawal order, required minimum distributions, and heirs.
FAQs
Do these insights change my plan or projections?
No. Your projections use the rate of return you entered for each account in Assets and Debts, not your holdings.
Why is a fund shaded?
Mutual funds and ETFs with an expense ratio above 0.32% are shaded. That is the average for mutual funds and ETFs, from the Morningstar fund fee study. Shading is a prompt to take a closer look, not a judgment about the fund.
Why doesn't my money market fund get shaded?
The Morningstar average doesn't include money market funds, because their expense ratio is netted against the 7-day yield. A fee comparison against 0.32% isn't valid for them, so they show "Not compared." You can still see each one's expense ratio and annual fee in the table.
Where does the 0.32% come from?
It is the average expense ratio for mutual funds and ETFs in the Morningstar fund fee study, 2025 data. Morningstar updates it each year.
Technical details
Fees: annual fee is amount invested times expense ratio. Your weighted average expense ratio is total annual fees divided by total invested in holdings that have an expense ratio. The table lists holdings with the highest expense ratio first.
Benchmark: the 0.32% mutual fund and ETF average comes from the Morningstar fund fee study, 2025 data. It reflects what investors paid, weighted by assets, not what a typical fund charges.
Tax diversification: amounts are your current balances by tax type for holdings we can classify.
Data freshness: positions in connected accounts sync daily.
Plan impact: none. The insights read your holdings and don't write to your plan.