C000082762 Fees and Costs — USAA Managed Allocation Fund
Data updated: 2022-01-28
The net expense ratio is 0.83%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $472K in broker commissions, 0.0723% of average net assets, and portfolio turnover was 152%.
C000082762 Fees and Expenses
Annual operating expenses and sales charges of C000082762. Prospectus, as of September 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.83% |
| Fee waiver | — |
| Net expense ratio | 0.83% |
| 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 |
C000082762 Costs Over Time
On $10,000 invested in C000082762, assuming 5% a year before costs, total costs come to $565 over 5 years, cutting the return by 0.95% 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 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $8 | $24 | $41 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $311 | $565 |
| Value after costs | $10,405 | $11,266 | $12,197 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
C000082762 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0723%
- Total broker commissions: $472K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 152%
- Securities on loan, average value: $61.4M
- Net income from securities lending: $185K (0.028% of average net assets)
C000082762 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WALLACHBETH CAPITAL LLC | $428K | 90.57% |
| STATE STREET GLOBAL MARKETS, LLC | $30K | 6.27% |
| LOOP CAPITAL MARKETS LLC | $5K | 1.01% |
| SUSQUEHANNA SECURITIES | $4K | 0.94% |
| DREXEL HAMILTON, LLC | $2K | 0.42% |
| PENSERRA SECURITIES, LLC | $1K | 0.21% |
| JANE STREET CAPITAL LLC | $998 | 0.21% |
| Knight Securities | $778 | 0.16% |
| RBC CAPITAL MARKETS | $652 | 0.14% |
| S.G WARBURG & CO., INC. | $242 | 0.05% |
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.