BGLIX Fees and Costs — Brookfield Global Listed Infrastructure Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 1.00%: a 0.85% management fee plus 0.28% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $420K in broker commissions, 0.2250% of average net assets, and portfolio turnover was 83%.
BGLIX Fees and Expenses
Annual operating expenses and sales charges of BGLIX. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.28% |
| Gross expense ratio | 1.13% |
| Fee waiver | −0.13% |
| Net expense ratio | 1.00% |
| 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 |
BGLIX Costs Over Time
On $10,000 invested in BGLIX, assuming 5% a year before costs, total costs come to $763 over 5 years, cutting the return by 1.29% 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 1.00%) | $105 | $327 | $565 |
| Trading costs (broker commissions) | $24 | $74 | $127 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $129 | $420 | $763 |
| Value after costs | $10,371 | $11,156 | $12,000 |
| Impact on return, per year | 1.29% | 1.29% | 1.29% |
BGLIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.2250%
- Total broker commissions: $420K
- Bought from dealers (principal trades, not a cost): $4.6M
- Portfolio turnover (prospectus): 83%
- Securities lending: none during the year
BGLIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $55K | 19.65% |
| INSTINET LLC | $50K | 17.87% |
| GOLDMAN SACHS & CO. LLC | $33K | 11.85% |
| JEFFERIES LLC | $30K | 10.79% |
| J.P. MORGAN SECURITIES LLC | $22K | 7.88% |
| SANTANDER US CAPITAL MARKETS LLC | $22K | 7.68% |
| MORGAN STANLEY & CO. LLC | $20K | 7.00% |
| MIZUHO SECURITIES USA LLC | $17K | 6.16% |
| RBC CAPITAL MARKETS LLC | $16K | 5.63% |
| MEDIOBANCA SECURITIES USA LLC | $16K | 5.50% |
BGLIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $2.3M | 50.45% |
| UBS ASSET MANAGEMENT (US) INC. | $1.3M | 27.32% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $1.0M | 22.23% |
Brookfield Global Listed Infrastructure Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BGLIX | Class I | 1.00% | none |
| BGLYX | Class I | 1.00% | none |
| BGLAX | Class A | 1.25% | 4.75% |
| BGLCX | Class C | 2.00% | none |
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.