AGCLX Fees and Costs — Global Small Cap Fund, A Class
Data updated: 2026-07-29
The net expense ratio is 1.36%: a 1.10% management fee, a 0.25% 12b-1 fee plus 0.01% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $74K in broker commissions, 0.0865% of average net assets, and portfolio turnover was 140%.
AGCLX Fees and Expenses
Annual operating expenses and sales charges of AGCLX. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.10% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.36% |
| Fee waiver | — |
| Net expense ratio | 1.36% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AGCLX Costs Over Time
On $10,000 invested in AGCLX, assuming 5% a year before costs, total costs come to $1,579 over 5 years, cutting the return by 2.74% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.36%) | $135 | $418 | $721 |
| Trading costs (broker commissions) | $9 | $27 | $46 |
| Lost growth on money paid in costs | $29 | $113 | $237 |
| Total costs | $747 | $1,132 | $1,579 |
| Value after costs | $9,753 | $10,444 | $11,184 |
| Impact on return, per year | 7.47% | 3.54% | 2.74% |
AGCLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0865%
- Total broker commissions: $74K
- Bought from dealers (principal trades, not a cost): $193.0M
- Portfolio turnover (prospectus): 140%
- Securities on loan, average value: $3.7M
- Net income from securities lending: $23K (0.027% of average net assets)
AGCLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES | $9K | 17.04% |
| UBS WARBURG | $8K | 14.74% |
| JEFFERIES LLC | $7K | 12.36% |
| MORGAN STANLEY | $6K | 12.02% |
| CITIGROUP CAPITAL MARKETS INC. | $6K | 11.94% |
| BERNSTEIN INSTITUTIONAL SERVICES | $6K | 11.02% |
| BANK OF AMERICA MERRILL LYNCH | $5K | 8.66% |
| BARCLAYS CAPITAL | $2K | 4.42% |
| GOLDMAN SACHS | $2K | 4.05% |
| TD SECURITIES | $2K | 3.73% |
AGCLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS LLC | $116.7M | 60.51% |
| GOLDMAN SACHS | $20.0M | 10.35% |
| J.P. MORGAN SECURITIES | $13.4M | 6.97% |
| BMO CAPITAL MARKETS | $11.6M | 6.01% |
| BANK OF AMERICA MERRILL LYNCH | $10.3M | 5.36% |
| UBS WARBURG | $7.2M | 3.75% |
| CITIGROUP CAPITAL MARKETS INC. | $7.1M | 3.66% |
| MORGAN STANLEY | $6.3M | 3.28% |
| BARCLAYS CAPITAL | $159K | 0.08% |
| PIPER SANDLER & CO | $51K | 0.03% |
Global Small Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AGCTX | R6 Class | 0.76% | none |
| AGCSX | I Class | 0.91% | none |
| AGCVX | Investor Class | 1.11% | none |
| AGCLX | A Class | 1.36% | 5.75% |
| AGCWX | R Class | 1.61% | none |
| AGCHX | C Class | 2.11% | none |
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.