C000091729 Fees and Costs — ClearBridge International Small Cap Fund, Class A2
Data updated: 2023-02-27
The net expense ratio is 1.64% (2.07% before fee waivers). This share class carries a maximum front-end sales load of 5.75%. In fiscal 2022 the fund paid $39K in broker commissions, 0.0887% of average net assets, and portfolio turnover was 25%.
C000091729 Fees and Expenses
Annual operating expenses and sales charges of C000091729. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.98% |
| Gross expense ratio | 2.07% |
| Fee waiver | −0.43% |
| Net expense ratio | 1.64% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
C000091729 Costs Over Time
On $10,000 invested in C000091729, assuming 5% a year before costs, total costs come to $1,738 over 5 years, cutting the return by 3.03% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.64%) | $162 | $503 | $865 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $29 | $117 | $252 |
| Total costs | $775 | $1,222 | $1,738 |
| Value after costs | $9,725 | $10,355 | $11,025 |
| Impact on return, per year | 7.75% | 3.83% | 3.03% |
C000091729 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0887%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $23
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
C000091729 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $10K | 32.76% |
| Merrill Lynch Professional Clearing Corp. | $3K | 10.68% |
| GOLDMAN SACHS & CO. LLC | $3K | 9.57% |
| UBS Securities LLC | $2K | 8.09% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $2K | 7.11% |
| J.P. Morgan Securities LLC | $2K | 7.03% |
| RBC CAPITAL MARKETS, LLC | $2K | 7.03% |
| Berenberg Capital Markets LLC | $2K | 6.99% |
| INSTINET, LLC | $2K | 5.87% |
| CLSA AMERICAS, LLC | $1K | 4.88% |
C000091729 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $19 | 82.35% |
| INSTINET, LLC | $4 | 17.65% |
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.