AMMIX Fees and Costs — Aegon Emerging Markets Debt Fund, Institutional Shares
Data updated: 2021-05-28
The net expense ratio is 0.75%: a 0.65% management fee plus 0.93% other expenses, less a 0.83% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 66%.
AMMIX Fees and Expenses
Annual operating expenses and sales charges of AMMIX. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.93% |
| Gross expense ratio | 1.58% |
| Fee waiver | −0.83% |
| Net expense ratio | 0.75% |
| 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 | Yes |
AMMIX Costs Over Time
On $10,000 invested in AMMIX, assuming 5% a year before costs, total costs come to $471 over 5 years, cutting the return by 0.79% 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 0.75%) | $79 | $246 | $428 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $471 |
| Value after costs | $10,421 | $11,318 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
AMMIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $62.1M
- Portfolio turnover (prospectus): 66%
- Securities lending: none during the year
AMMIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPM CHASE | $6.4M | 18.73% |
| CICC US SECURITIES | $6.1M | 17.86% |
| GOLDMAN, SACHS & CO. | $4.1M | 11.83% |
| BARCLAYS CAPITAL | $3.3M | 9.75% |
| HSBC SECURITIES, INC. | $2.9M | 8.40% |
| CSFB | $2.9M | 8.34% |
| COWEN | $2.7M | 7.92% |
| FOB | $2.1M | 6.23% |
| BANK OF NEW YORK | $2.0M | 5.72% |
| WELLS FARGO SECURITIES LLC | $1.8M | 5.21% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.