C000032920 Fees and Costs — Columbia Disciplined Small Core Fund, Class A
Data updated: 2020-07-28
The net expense ratio is 1.33%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.37% 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 2019 the fund paid $172K in broker commissions, 0.1649% of average net assets, and portfolio turnover was 87%.
C000032920 Fees and Expenses
Annual operating expenses and sales charges of C000032920. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.37% |
| Gross expense ratio | 1.47% |
| Fee waiver | −0.14% |
| Net expense ratio | 1.33% |
| 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 |
C000032920 Costs Over Time
On $10,000 invested in C000032920, assuming 5% a year before costs, total costs come to $1,606 over 5 years, cutting the return by 2.79% 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 | $672 | $575 | $575 |
| Fund expenses (net expense ratio 1.33%) | $132 | $409 | $705 |
| Trading costs (broker commissions) | $16 | $51 | $87 |
| Lost growth on money paid in costs | $29 | $113 | $239 |
| Total costs | $849 | $1,148 | $1,606 |
| Value after costs | $9,651 | $10,429 | $11,156 |
| Impact on return, per year | 8.49% | 3.59% | 2.79% |
C000032920 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1649%
- Total broker commissions: $172K
- Bought from dealers (principal trades, not a cost): $1.0M
- Portfolio turnover (prospectus): 87%
- Securities lending: none during the year
C000032920 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $28K | 20.53% |
| RBC Capital Markets | $20K | 14.93% |
| Jeffries | $18K | 13.41% |
| Wells Fargo Securities LLC | $15K | 11.30% |
| Barclays | $11K | 8.24% |
| Credit Suisse | $11K | 8.03% |
| Virtu Financial Capital Markets LLC | $11K | 7.88% |
| Liquidnet Inc | $9K | 6.48% |
| Citi | $7K | 5.04% |
| Keefe Bruyette & Woods Inc | $6K | 4.17% |
C000032920 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $566K | 54.94% |
| Jeffries | $308K | 29.87% |
| Goldman Sachs | $100K | 9.71% |
| Leerink Partners LLC | $56K | 5.48% |
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.