C000058075 Fees and Costs — Westwood Quality Value Fund, Class A
Data updated: 2022-01-13
The net expense ratio is 0.90%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.15% other expenses, less a 0.10% fee waiver. This share class carries a maximum front-end sales load of 3.00%. In fiscal 2021 the fund paid $89K in broker commissions, 0.0470% of average net assets, and portfolio turnover was 52%.
C000058075 Fees and Expenses
Annual operating expenses and sales charges of C000058075. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.15% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 3.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000058075 Costs Over Time
On $10,000 invested in C000058075, assuming 5% a year before costs, total costs come to $958 over 5 years, cutting the return by 1.63% 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 | $300 | $300 | $300 |
| Fund expenses (net expense ratio 0.90%) | $92 | $286 | $497 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $15 | $62 | $136 |
| Total costs | $411 | $663 | $958 |
| Value after costs | $10,089 | $10,913 | $11,805 |
| Impact on return, per year | 4.11% | 2.04% | 1.63% |
C000058075 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0470%
- Total broker commissions: $89K
- Bought from dealers (principal trades, not a cost): $43K
- Portfolio turnover (prospectus): 52%
- Securities lending: none during the year
C000058075 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| NORTHERN TRUST BROKERAGE INSTITUTION | $89K | 100.00% |
C000058075 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NORTHERN TRUST BROKERAGE INSTITUTION | $43K | 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.