C000024962 Fees and Costs — Columbia Acorn USA, Class A
Data updated: 2023-05-25
The net expense ratio is 1.08%: a 0.74% management fee, a 0.25% 12b-1 fee plus 0.23% other expenses, less a 0.14% fee waiver. This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. In fiscal 2022 the fund paid $196K in broker commissions, 0.1007% of average net assets, and portfolio turnover was 69%.
C000024962 Fees and Expenses
Annual operating expenses and sales charges of C000024962. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.74% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 1.22% |
| Fee waiver | −0.14% |
| Net expense ratio | 1.08% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
C000024962 Costs Over Time
On $10,000 invested in C000024962, assuming 5% a year before costs, total costs come to $1,427 over 5 years, cutting the return by 2.46% 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 | $673 | $575 | $575 |
| Fund expenses (net expense ratio 1.08%) | $107 | $333 | $576 |
| Trading costs (broker commissions) | $10 | $31 | $54 |
| Lost growth on money paid in costs | $29 | $109 | $223 |
| Total costs | $818 | $1,048 | $1,427 |
| Value after costs | $9,682 | $10,529 | $11,335 |
| Impact on return, per year | 8.18% | 3.27% | 2.46% |
C000024962 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1007%
- Total broker commissions: $196K
- Bought from dealers (principal trades, not a cost): $111K
- Portfolio turnover (prospectus): 69%
- Securities on loan, average value: $2.2M
- Net income from securities lending: $53K (0.027% of average net assets)
C000024962 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs | $31K | 18.56% |
| RBC Capital Markets | $30K | 17.60% |
| Jefferies LLC | $26K | 15.63% |
| Virtu Americas LLC | $23K | 13.95% |
| JPMorgan | $19K | 11.57% |
| Cowen | $11K | 6.53% |
| Morgan Stanley | $10K | 6.24% |
| UBS | $9K | 5.21% |
| Stephens Inc | $4K | 2.41% |
| William Blair & Company LLC | $4K | 2.31% |
C000024962 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $111K | 100.00% |
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.