C000023399 Fees and Costs — Voya Global Equity Dividend Fund, Class A
Data updated: 2020-09-25
The net expense ratio is 0.85%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.46% other expenses, less a 0.36% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2019 the fund paid $53K in broker commissions, 0.0866% of average net assets, and portfolio turnover was 133%.
C000023399 Fees and Expenses
Annual operating expenses and sales charges of C000023399. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.46% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.36% |
| Net expense ratio | 0.85% |
| 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 | Yes |
C000023399 Costs Over Time
On $10,000 invested in C000023399, assuming 5% a year before costs, total costs come to $1,287 over 5 years, cutting the return by 2.21% 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 0.85%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $9 | $27 | $46 |
| Lost growth on money paid in costs | $29 | $105 | $210 |
| Total costs | $696 | $969 | $1,287 |
| Value after costs | $9,804 | $10,607 | $11,476 |
| Impact on return, per year | 6.96% | 3.02% | 2.21% |
C000023399 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0866%
- Total broker commissions: $53K
- Bought from dealers (principal trades, not a cost): $14.8M
- Portfolio turnover (prospectus): 133%
- Securities on loan, average value: $275K
- Net income from securities lending: $352 (0.001% of average net assets)
C000023399 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $31K | 63.14% |
| UBS Securities LLC | $8K | 15.80% |
| J.P. Morgan Securities LLC | $4K | 8.01% |
| Bank of America Corporation | $2K | 3.80% |
| MORGAN STANLEY & CO. LLC | $2K | 3.33% |
| CREDIT SUISSE SECURITIES (USA) LLC | $766 | 1.56% |
| INSTINET, LLC | $590 | 1.20% |
| Knight Capital Group, Inc. | $549 | 1.12% |
| THE BANK OF NEW YORK MELLON | $529 | 1.08% |
| MACQUARIE CAPITAL (USA), INC. | $467 | 0.95% |
C000023399 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America Corporation | $14.4M | 99.14% |
| THE BANK OF NEW YORK MELLON | $125K | 0.86% |
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.