ACLTX Fees and Costs — NT Growth Fund, G Class
Data updated: 2022-03-28
The net expense ratio is 0.00% (0.61% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $113K in broker commissions, 0.0074% of average net assets, and portfolio turnover was 30%.
ACLTX Fees and Expenses
Annual operating expenses and sales charges of ACLTX. Prospectus, as of February 28, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.61% |
| Fee waiver | −0.61% |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ACLTX Costs Over Time
On $10,000 invested in ACLTX, assuming 5% a year before costs, total costs come to $5 over 5 years, cutting the return by 0.01% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $1 | $3 | $5 |
| Value after costs | $10,499 | $11,574 | $12,758 |
| Impact on return, per year | 0.01% | 0.01% | 0.01% |
ACLTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0074%
- Total broker commissions: $113K
- Bought from dealers (principal trades, not a cost): $3.0B
- Portfolio turnover (prospectus): 30%
- Securities on loan, average value: $13.6M
- Net income from securities lending: $50K (0.003% of average net assets)
ACLTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Sanford C. Bernstein | $13K | 16.42% |
| J.P. Morgan Securities | $9K | 11.61% |
| Credit Suisse Securities (USA) LLC | $9K | 11.39% |
| Citigroup Capital Markets Inc | $8K | 10.32% |
| Jefferies LLC | $8K | 10.16% |
| UBS Warburg | $7K | 9.05% |
| Morgan Stanley | $7K | 8.90% |
| Robert W Baird | $7K | 8.32% |
| Evercore ISI Investment Group | $6K | 7.61% |
| Barclays Capital | $5K | 6.22% |
ACLTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets | $1.9B | 63.84% |
| BMO Capital Markets | $815.8M | 26.80% |
| Credit Suisse Securities (USA) LLC | $268.7M | 8.83% |
| UBS Warburg | $7.3M | 0.24% |
| Morgan Stanley | $4.6M | 0.15% |
| J.P. Morgan Securities | $2.5M | 0.08% |
| Goldman Sachs | $987K | 0.03% |
| Bank of America Merrill Lynch | $856K | 0.03% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.