C000059046 Fees and Costs — Target 2020 Series, Class R
Data updated: 2020-09-25
The net expense ratio is 1.20% (1.37% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 17%.
C000059046 Fees and Expenses
Annual operating expenses and sales charges of C000059046. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.37% |
| Gross expense ratio | 1.37% |
| Fee waiver | −0.17% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000059046 Costs Over Time
On $10,000 invested in C000059046, assuming 5% a year before costs, total costs come to $748 over 5 years, cutting the return by 1.26% 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 1.20%) | $126 | $392 | $679 |
| Lost growth on money paid in costs | $0 | $19 | $69 |
| Total costs | $126 | $412 | $748 |
| Value after costs | $10,374 | $11,164 | $12,015 |
| Impact on return, per year | 1.26% | 1.26% | 1.26% |
C000059046 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $63.2M
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
C000059046 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Manning & Napier Fund Inc.Blended Asset Moderate Series Class R6 | $55.4M | 87.69% |
| Manning & Napier Fund Inc. - Blended Asset Extended Series Class R6 | $7.8M | 12.31% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.