C000016835 Fees and Costs — Aberdeen Global High Income Fund, Institutional Class
Data updated: 2022-01-14
The net expense ratio is 0.77% (1.12% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $17K in broker commissions, 0.0114% of average net assets, and portfolio turnover was 99%.
C000016835 Fees and Expenses
Annual operating expenses and sales charges of C000016835. Prospectus, as of October 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.45% |
| Gross expense ratio | 1.12% |
| Fee waiver | −0.35% |
| Net expense ratio | 0.77% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000016835 Costs Over Time
On $10,000 invested in C000016835, assuming 5% a year before costs, total costs come to $491 over 5 years, cutting the return by 0.82% 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 0.77%) | $81 | $253 | $439 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $269 | $491 |
| Value after costs | $10,418 | $11,307 | $12,272 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
C000016835 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0114%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $471.3M
- Portfolio turnover (prospectus): 99%
- Securities lending: none during the year
C000016835 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $5K | 26.99% |
| J.P. Morgan Securities LLC | $4K | 24.74% |
| Virtu Americas LLC | $4K | 22.02% |
| Susquehanna Financial Group, LLLP | $3K | 18.80% |
| Morgan Stanley & Co. LLC | $1K | 6.81% |
| RBC Capital Markets, LLC | $110 | 0.64% |
C000016835 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $228.2M | 55.89% |
| Morgan Stanley & Co. LLC | $34.6M | 8.48% |
| J.P. Morgan Securities LLC | $31.2M | 7.63% |
| BofA Securities, Inc. | $29.2M | 7.15% |
| Goldman Sachs & Co. LLC | $23.7M | 5.80% |
| Citigroup Global Markets Inc. | $21.0M | 5.14% |
| Credit Suisse Securities (USA) LLC | $10.6M | 2.60% |
| Jefferies LLC | $10.6M | 2.59% |
| Barclays Capital Inc. | $9.9M | 2.42% |
| BNY Mellon Capital Markets, LLC | $9.4M | 2.31% |
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.