C000084522 Fees and Costs — Invesco Technology Sector Fund, Class A
Data updated: 2020-03-31
The net expense ratio is 1.28%: a 0.67% management fee, a 0.25% 12b-1 fee plus 0.36% other expenses. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2019 the fund paid $39K in broker commissions, 0.0395% of average net assets, and portfolio turnover was 44%.
C000084522 Fees and Expenses
Annual operating expenses and sales charges of C000084522. Prospectus, as of August 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.36% |
| Gross expense ratio | 1.28% |
| Fee waiver | — |
| Net expense ratio | 1.28% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 |
C000084522 Costs Over Time
On $10,000 invested in C000084522, assuming 5% a year before costs, total costs come to $1,477 over 5 years, cutting the return by 2.55% 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 | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.28%) | $127 | $395 | $683 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $27 | $107 | $223 |
| Total costs | $708 | $1,064 | $1,477 |
| Value after costs | $9,792 | $10,512 | $11,286 |
| Impact on return, per year | 7.08% | 3.32% | 2.55% |
C000084522 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0395%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $1.7M
- Portfolio turnover (prospectus): 44%
- Securities on loan, average value: $107K
- Net income from securities lending: $1K (0.001% of average net assets)
C000084522 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ITG INC. | $6K | 18.60% |
| UBS SECURITIES LLC | $5K | 15.39% |
| MACQUARIE CAPITAL (USA) INC. | $4K | 13.60% |
| MORGAN STANLEY & CO. LLC | $3K | 11.45% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $3K | 9.75% |
| GOLDMAN, SACHS & CO. | $2K | 7.29% |
| LIQUIDNET, INC. | $2K | 6.96% |
| CREDIT SUISSE SECURITIES (USA) LLC | $2K | 6.83% |
| INSTINET, LLC | $2K | 5.91% |
| J.P. MORGAN SECURITIES LLC | $1K | 4.22% |
C000084522 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $1.3M | 76.38% |
| CREDIT SUISSE SECURITIES (USA) LLC | $403K | 23.62% |
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.