BRLTX Fees and Costs — MFS Blended Research Global Equity Fund, Class R3
Data updated: 2020-07-24
The net expense ratio is 0.89%: a 0.50% management fee, a 0.25% 12b-1 fee plus 4.87% other expenses, less a 4.73% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $1K in broker commissions, 0.0252% of average net assets, and portfolio turnover was 46%.
BRLTX Fees and Expenses
Annual operating expenses and sales charges of BRLTX. Prospectus, as of August 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 4.87% |
| Gross expense ratio | 5.62% |
| Fee waiver | −4.73% |
| Net expense ratio | 0.89% |
| 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 |
BRLTX Costs Over Time
On $10,000 invested in BRLTX, assuming 5% a year before costs, total costs come to $573 over 5 years, cutting the return by 0.96% 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 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $96 | $315 | $573 |
| Value after costs | $10,404 | $11,261 | $12,189 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
BRLTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0252%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
BRLTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Chase & Co. | $556 | 42.11% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $181 | 13.73% |
| Credit Suisse Securities (USA) LLC | $128 | 9.73% |
| Citigroup Global Markets Inc. | $122 | 9.26% |
| Morgan Stanley & Co. LLC | $86 | 6.48% |
| Deutsche Bank Securities Inc. | $82 | 6.18% |
| UBS Securities LLC | $81 | 6.14% |
| Jefferies LLC | $63 | 4.74% |
| CLSA Americas, LLC | $17 | 1.25% |
| Societe Generale | $5 | 0.38% |
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.