C000073767 Fees and Costs — Columbia Global Infrastructure Fund, Class A
Data updated: 2020-07-10
The net expense ratio is 1.20%: a 0.71% management fee, a 0.25% 12b-1 fee plus 0.24% other expenses. 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 2020 the fund paid $196K in broker commissions, 0.1210% of average net assets, and portfolio turnover was 58%.
C000073767 Fees and Expenses
Annual operating expenses and sales charges of C000073767. Prospectus, as of August 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.71% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.24% |
| Gross expense ratio | 1.20% |
| Fee waiver | — |
| Net expense ratio | 1.20% |
| 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 | No |
| Waived fees subject to recoupment | No |
C000073767 Costs Over Time
On $10,000 invested in C000073767, assuming 5% a year before costs, total costs come to $1,508 over 5 years, cutting the return by 2.61% 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 | $673 | $575 | $575 |
| Fund expenses (net expense ratio 1.20%) | $119 | $369 | $638 |
| Trading costs (broker commissions) | $12 | $37 | $64 |
| Lost growth on money paid in costs | $29 | $111 | $230 |
| Total costs | $832 | $1,092 | $1,508 |
| Value after costs | $9,668 | $10,484 | $11,255 |
| Impact on return, per year | 8.32% | 3.41% | 2.61% |
C000073767 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1210%
- Total broker commissions: $196K
- Bought from dealers (principal trades, not a cost): $2.5M
- Portfolio turnover (prospectus): 58%
- Securities lending: none during the year
C000073767 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS | $59K | 31.67% |
| Credit Suisse | $29K | 15.59% |
| Barclays | $26K | 13.80% |
| Goldman Sachs | $17K | 9.30% |
| Morgan Stanley | $14K | 7.32% |
| JPMorgan | $12K | 6.64% |
| Citi | $12K | 6.35% |
| RBC Capital Markets | $10K | 5.17% |
| Liquidnet Inc | $5K | 2.58% |
| CLSA Americas LLC | $3K | 1.57% |
C000073767 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $2.5M | 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.