C000046748 Fees and Costs — T.A. U.S. Core Equity 2 Portfolio, Institutional Class Shares
Data updated: 2021-06-15
The net expense ratio is 0.23%: a 0.20% management fee plus 0.03% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $179K in broker commissions, 0.0019% of average net assets, and portfolio turnover was 3%.
C000046748 Fees and Expenses
Annual operating expenses and sales charges of C000046748. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | — |
| Other expenses | 0.03% |
| Gross expense ratio | 0.23% |
| Fee waiver | — |
| Net expense ratio | 0.23% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
C000046748 Costs Over Time
On $10,000 invested in C000046748, assuming 5% a year before costs, total costs come to $147 over 5 years, cutting the return by 0.24% 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 0.23%) | $24 | $76 | $133 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $24 | $80 | $147 |
| Value after costs | $10,476 | $11,496 | $12,616 |
| Impact on return, per year | 0.24% | 0.24% | 0.24% |
C000046748 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0019%
- Total broker commissions: $179K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $441.9M
- Net income from securities lending: $1.9M (0.020% of average net assets)
C000046748 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $85K | 47.38% |
| Jefferies LLC | $60K | 33.32% |
| Virtu Itg LLC | $23K | 13.01% |
| Rosenblatt Securities Inc. | $6K | 3.26% |
| Citigroup Global Markets Inc. | $3K | 1.65% |
| JonesTrading Institutional Services LLC | $2K | 1.19% |
| Loop Capital Markets LLC | $350 | 0.19% |
C000046748 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.3B | 100.00% |
| Jefferies LLC | $3 | 0.00% |
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.