C000023404 Fees and Costs — Voya Global Real Estate Fund, Class C
Data updated: 2020-03-26
The net expense ratio is 2.01%: a 0.83% management fee, a 1.00% 12b-1 fee plus 0.29% other expenses, less a 0.11% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2019 the fund paid $1.2M in broker commissions, 0.1714% of average net assets, and portfolio turnover was 107%.
C000023404 Fees and Expenses
Annual operating expenses and sales charges of C000023404. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.83% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 2.12% |
| Fee waiver | −0.11% |
| Net expense ratio | 2.01% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000023404 Costs Over Time
On $10,000 invested in C000023404, assuming 5% a year before costs, total costs come to $1,333 over 5 years, cutting the return by 2.29% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 2.01%) | $211 | $650 | $1,114 |
| Trading costs (broker commissions) | $18 | $55 | $95 |
| Lost growth on money paid in costs | $0 | $35 | $124 |
| Total costs | $332 | $741 | $1,333 |
| Value after costs | $10,168 | $10,835 | $11,430 |
| Impact on return, per year | 3.32% | 2.29% | 2.29% |
C000023404 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): 0.1714%
- Total broker commissions: $1.2M
- Bought from dealers (principal trades, not a cost): $219.6M
- Portfolio turnover (prospectus): 107%
- Securities on loan, average value: $874K
- Net income from securities lending: $5K (0.001% of average net assets)
C000023404 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bank of America Corporation | $141K | 19.39% |
| JP MORGAN SECURITIES LLC | $128K | 17.57% |
| CITIGROUP GLOBAL MARKETS INC. | $114K | 15.70% |
| UBS Securities LLC | $100K | 13.77% |
| MORGAN STANLEY & CO. LLC | $79K | 10.86% |
| JEFFERIES LLC | $47K | 6.49% |
| GOLDMAN SACHS & CO. LLC | $33K | 4.46% |
| Royal Bank of Canada | $30K | 4.08% |
| CREDIT AGRICOLE SA | $29K | 3.93% |
| EVERCORE GROUP L.L.C. | $27K | 3.76% |
C000023404 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $208.3M | 95.39% |
| CitiGroup Global Markets Inc. | $4.4M | 2.00% |
| MORGAN STANLEY & CO. LLC | $1.7M | 0.77% |
| JEFFERIES LLC | $1.5M | 0.68% |
| Bank of America Corporation | $939K | 0.43% |
| J.P. Morgan Securities LLC | $609K | 0.28% |
| UBS SECURITIES LLC | $508K | 0.23% |
| GOLDMAN SACHS & CO. LLC | $458K | 0.21% |
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.