BGRSX Fees and Costs — Boston Partners Global Long/Short Fund, Investor Class
Data updated: 2025-03-31
The net expense ratio is 2.05%: a 1.50% management fee, a 0.25% 12b-1 fee plus 0.29% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $316K in broker commissions, 0.1924% of average net assets, and portfolio turnover was 172%.
BGRSX Fees and Expenses
Annual operating expenses and sales charges of BGRSX. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 1.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.29% |
| Gross expense ratio | 2.05% |
| Fee waiver | — |
| Net expense ratio | 2.05% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
BGRSX Costs Over Time
On $10,000 invested in BGRSX, assuming 5% a year before costs, total costs come to $1,368 over 5 years, cutting the return by 2.35% 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 2.05%) | $215 | $663 | $1,135 |
| Trading costs (broker commissions) | $20 | $62 | $106 |
| Lost growth on money paid in costs | $0 | $36 | $127 |
| Total costs | $235 | $761 | $1,368 |
| Value after costs | $10,265 | $10,815 | $11,395 |
| Impact on return, per year | 2.35% | 2.35% | 2.35% |
BGRSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1924%
- Total broker commissions: $316K
- Bought from dealers (principal trades, not a cost): $43.3M
- Portfolio turnover (prospectus): 172%
- Securities lending: none during the year
BGRSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS LLC | $68K | 25.10% |
| J.P. MORGAN SECURITIES LLC | $57K | 21.00% |
| MORGAN STANLEY & CO. LLC | $30K | 11.01% |
| GOLDMAN SACHS & CO. LLC | $28K | 10.48% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $23K | 8.60% |
| UBS ASSET MANAGEMENT (US) INC. | $16K | 5.93% |
| CLSA AMERICAS LLC | $14K | 5.35% |
| JEFFERIES LLC | $14K | 5.34% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $11K | 4.05% |
| MACQUARIE CAPITAL (USA) INC. | $8K | 3.13% |
BGRSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $40.5M | 93.61% |
| MORGAN STANLEY & CO. LLC | $1.6M | 3.65% |
| UBS SECURITIES LLC | $875K | 2.02% |
| RBC CAPITAL MARKETS LLC | $313K | 0.72% |
| J.P. MORGAN SECURITIES LLC | $793 | 0.00% |
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.