ATDRX Fees and Costs — Invesco Endeavor Fund, Class R
Data updated: 2021-04-01
The net expense ratio is 1.65%: a 0.74% management fee, a 0.50% 12b-1 fee plus 0.41% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $106K in broker commissions, 0.0882% of average net assets, and portfolio turnover was 81%.
ATDRX Fees and Expenses
Annual operating expenses and sales charges of ATDRX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.74% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.41% |
| Gross expense ratio | 1.65% |
| Fee waiver | — |
| Net expense ratio | 1.65% |
| 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 | No |
ATDRX Costs Over Time
On $10,000 invested in ATDRX, assuming 5% a year before costs, total costs come to $1,071 over 5 years, cutting the return by 1.83% 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 1.65%) | $173 | $536 | $923 |
| Trading costs (broker commissions) | $9 | $29 | $49 |
| Lost growth on money paid in costs | $0 | $28 | $99 |
| Total costs | $183 | $593 | $1,071 |
| Value after costs | $10,317 | $10,983 | $11,691 |
| Impact on return, per year | 1.83% | 1.83% | 1.83% |
ATDRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0882%
- Total broker commissions: $106K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 81%
- Securities on loan, average value: $45K
- Net income from securities lending: —
ATDRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $27K | 35.34% |
| JONESTRADING | $14K | 18.52% |
| STEPHENS | $9K | 11.56% |
| SCOTIA CAPITAL (USA) INC. | $5K | 6.29% |
| CITIGROUP GLOBAL MARKETS INC. | $5K | 5.95% |
| BARCLAYS CAPITAL INC. | $4K | 5.88% |
| LIQUIDNET, INC. | $4K | 5.05% |
| GOODBODY SECURITIES INC. | $3K | 4.08% |
| JEFFERIES LLC | $3K | 3.79% |
| RBC CAPITAL MARKETS, LLC | $3K | 3.56% |
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.