C000076548 Fees and Costs — Putnam Capital Spectrum Fund, Class Y
Data updated: 2021-07-01
The net expense ratio is 0.06%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $164K in broker commissions, 0.0422% of average net assets, and portfolio turnover was 35%.
C000076548 Fees and Expenses
Annual operating expenses and sales charges of C000076548. Prospectus, as of August 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.21% |
| 12b-1 fee | — |
| Other expenses | 0.25% |
| Gross expense ratio | 0.06% |
| Fee waiver | — |
| Net expense ratio | 0.06% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000076548 Costs Over Time
On $10,000 invested in C000076548, assuming 5% a year before costs, total costs come to $65 over 5 years, cutting the return by 0.11% 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 0.06%) | $6 | $20 | $35 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $11 | $35 | $65 |
| Value after costs | $10,489 | $11,541 | $12,698 |
| Impact on return, per year | 0.11% | 0.11% | 0.11% |
C000076548 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0422%
- Total broker commissions: $164K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $2.2M
- Net income from securities lending: $3K (0.001% of average net assets)
C000076548 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFF - JEFFERIES LLC | $38K | 26.80% |
| CSFB - CREDIT SUISSE SECURITIES (USA), LLC | $17K | 12.20% |
| JONE - JONESTRADING | $15K | 10.49% |
| RAJA - RAYMOND JAMES & ASSOCIATES, INC. | $13K | 8.96% |
| MSCO - MORGAN STANLEY & CO. LLC | $12K | 8.73% |
| JPMS - J.P. MORGAN SECURITIES, LLC. | $11K | 7.54% |
| ITGI - INVESTMENT TECHNOLOGY, INC. | $10K | 7.01% |
| WCHV - WELLS FARGO SECURITIES, LLC | $10K | 6.86% |
| RBCD - RBC CAPITAL MARKETS LLC | $8K | 5.75% |
| UBSW - UBS SECURITIES L.L.C. | $8K | 5.65% |
C000076548 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CGMI - CITIGROUP GLOBAL MARKETS INC. | $611.4M | 56.58% |
| RBCA - ROYAL BANK OF CANADA | $268.1M | 24.81% |
| JPMS - J.P. MORGAN SECURITIES, LLC. | $157.7M | 14.59% |
| GSCO - GOLDMAN SACHS & CO LLC | $13.3M | 1.23% |
| MLCO - BofA Securities, Inc. | $10.4M | 0.96% |
| AMHE - AMHERST SECURITIES GROUP L.P. | $8.1M | 0.75% |
| BCAP - BARCLAYS CAPITAL, INC. | $6.3M | 0.58% |
| SFGL - SUSQUEHANNA FINANCIAL GROUP LLC | $2.2M | 0.20% |
| MSCO - MORGAN STANLEY & CO. LLC | $1.7M | 0.16% |
| JEFF - JEFFERIES LLC | $1.6M | 0.15% |
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.