AUBIX Fees and Costs — Invesco World Bond Factor Fund, Class R5
Data updated: 2024-01-16
The net expense ratio is 0.32%: a 0.27% management fee plus 0.72% other expenses, less a 0.68% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 123%.
AUBIX Fees and Expenses
Annual operating expenses and sales charges of AUBIX. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.27% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.72% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.68% |
| Net expense ratio | 0.32% |
| 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 |
AUBIX Costs Over Time
On $10,000 invested in AUBIX, assuming 5% a year before costs, total costs come to $203 over 5 years, cutting the return by 0.34% 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 0.32%) | $34 | $106 | $184 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $34 | $111 | $203 |
| Value after costs | $10,466 | $11,465 | $12,560 |
| Impact on return, per year | 0.34% | 0.34% | 0.34% |
AUBIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $111.5M
- Portfolio turnover (prospectus): 123%
- Securities on loan, average value: $60K
- Net income from securities lending: $450 (0.002% of average net assets)
AUBIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $21.1M | 23.47% |
| CITIGROUP GLOBAL MARKETS INC. | $14.4M | 16.10% |
| BOFA SECURITIES, INC. | $12.9M | 14.38% |
| GOLDMAN, SACHS & CO. | $11.5M | 12.82% |
| BNP PARIBAS SECURITIES CORP. | $7.4M | 8.20% |
| DEUTSCHE BANK SECURITIES INC. | $6.6M | 7.40% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $5.0M | 5.61% |
| DANSKE MARKETS INC. | $4.0M | 4.48% |
| UBS SECURITIES LLC | $4.0M | 4.41% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $2.8M | 3.14% |
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.