C000027161 Fees and Costs — Science & Technology Fund, Class NAV
Data updated: 2025-04-28
The net expense ratio is 1.04%: a 0.95% management fee plus 0.10% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $178K in broker commissions, 0.0911% of average net assets, and portfolio turnover was 297%.
C000027161 Fees and Expenses
Annual operating expenses and sales charges of C000027161. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | — |
| Other expenses | 0.10% |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
C000027161 Costs Over Time
On $10,000 invested in C000027161, assuming 5% a year before costs, total costs come to $706 over 5 years, cutting the return by 1.19% 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 1.04%) | $109 | $340 | $589 |
| Trading costs (broker commissions) | $10 | $30 | $52 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $119 | $388 | $706 |
| Value after costs | $10,381 | $11,188 | $12,057 |
| Impact on return, per year | 1.19% | 1.19% | 1.19% |
C000027161 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0911%
- Total broker commissions: $178K
- Bought from dealers (principal trades, not a cost): $255.4M
- Portfolio turnover (prospectus): 297%
- Securities on loan, average value: $602K
- Net income from securities lending: $23K (0.012% of average net assets)
C000027161 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $19K | 16.18% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $14K | 12.44% |
| J.P. Morgan Securities LLC | $13K | 11.04% |
| Goldman Sachs & Co. LLC | $12K | 10.26% |
| Jefferies LLC | $12K | 10.23% |
| Pershing LLC | $11K | 9.94% |
| UBS AG | $10K | 8.99% |
| Royal Bank of Canada | $9K | 7.75% |
| Bank of Montreal | $8K | 6.81% |
| Citigroup Global Markets Holdings Inc. | $7K | 6.35% |
C000027161 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $139.4M | 54.58% |
| T. Rowe Price Investment Services, Inc. | $115.3M | 45.14% |
| Goldman Sachs & Co. LLC | $375K | 0.15% |
| Morgan Stanley & Co. LLC | $342K | 0.13% |
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.