BAMGX Fees and Costs — Sterling Capital Strategic Allocation Balanced Fund, Class A
Data updated: 2021-02-23
The net expense ratio is 1.04% (1.29% before fee waivers). This share class carries a maximum front-end sales load of 5.75%. Portfolio turnover was 9%.
BAMGX Fees and Expenses
Annual operating expenses and sales charges of BAMGX. Prospectus, as of January 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.29% |
| Fee waiver | −0.25% |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
BAMGX Costs Over Time
On $10,000 invested in BAMGX, assuming 5% a year before costs, total costs come to $1,346 over 5 years, cutting the return by 2.32% 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 1.04%) | $103 | $321 | $556 |
| Lost growth on money paid in costs | $29 | $107 | $215 |
| Total costs | $707 | $1,003 | $1,346 |
| Value after costs | $9,793 | $10,574 | $11,416 |
| Impact on return, per year | 7.07% | 3.12% | 2.32% |
BAMGX 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): $6.0M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
BAMGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| U.S. BANCORP INVESTMENTS, INC. | $6.0M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.