C000092480 Fees and Costs — DoubleLine Multi-Asset Growth Fund, Class A
Data updated: 2023-11-24
The net expense ratio is 1.48% (2.18% before fee waivers). This share class carries a maximum front-end sales load of 4.25% and a deferred sales charge of up to 0.75%. In fiscal 2023 the fund paid $3K in broker commissions, 0.0107% of average net assets, and portfolio turnover was 40%.
C000092480 Fees and Expenses
Annual operating expenses and sales charges of C000092480. Prospectus, as of July 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.82% |
| Gross expense ratio | 2.18% |
| Fee waiver | −0.70% |
| Net expense ratio | 1.48% |
| Sales charges | |
|---|---|
| Max front load | 4.25% |
| Max deferred load | 0.75% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000092480 Costs Over Time
On $10,000 invested in C000092480, assuming 5% a year before costs, total costs come to $1,427 over 5 years, cutting the return by 2.46% 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 | $499 | $425 | $425 |
| Fund expenses (net expense ratio 1.48%) | $149 | $462 | $797 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $21 | $90 | $199 |
| Total costs | $670 | $980 | $1,427 |
| Value after costs | $9,830 | $10,596 | $11,336 |
| Impact on return, per year | 6.70% | 3.05% | 2.46% |
C000092480 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0107%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $7.7M
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
C000092480 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $2K | 75.84% |
| J.P. MORGAN SECURITIES LLC | $279 | 11.12% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $230 | 9.16% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $97 | 3.88% |
C000092480 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NOMURA SECURITIES INTERNATIONAL INC. | $3.5M | 45.34% |
| CITADEL SECURITIES LLC | $2.7M | 34.96% |
| GOLDMAN SACHS & CO. LLC | $1.1M | 14.62% |
| SG AMERICAS SECURITIES LLC | $294K | 3.81% |
| BMO NESBITT BURNS SECURITIES LTD. | $98K | 1.27% |
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.