ASTNX Fees and Costs — Virtus NFJ Global Sustainability Fund, Institutional Class
Data updated: 2024-12-13
The net expense ratio is 0.69%: a 0.80% management fee plus 0.31% other expenses, less a 0.42% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $40K in broker commissions, 0.0976% of average net assets, and portfolio turnover was 114%.
ASTNX Fees and Expenses
Annual operating expenses and sales charges of ASTNX. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.31% |
| Gross expense ratio | 1.11% |
| Fee waiver | −0.42% |
| Net expense ratio | 0.69% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ASTNX Costs Over Time
On $10,000 invested in ASTNX, assuming 5% a year before costs, total costs come to $495 over 5 years, cutting the return by 0.83% 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 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $10 | $32 | $56 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $83 | $271 | $495 |
| Value after costs | $10,417 | $11,305 | $12,268 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
ASTNX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0976%
- Total broker commissions: $40K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 114%
- Securities lending: none during the year
ASTNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $11K | 28.90% |
| Robert W. Baird & Co. Incorporated | $7K | 18.57% |
| GOLDMAN SACHS & CO. LLC | $5K | 14.23% |
| INSTINET, LLC | $5K | 13.12% |
| JEFFERIES LLC | $3K | 7.60% |
| BTIG, LLC | $3K | 7.27% |
| UBS Securities LLC | $1K | 3.30% |
| CITIGROUP GLOBAL MARKETS INC. | $1K | 3.11% |
| EVERCORE GROUP L.L.C. | $812 | 2.22% |
| B. RILEY SECURITIES, INC. | $606 | 1.66% |
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.