C000092482 Fees and Costs — DoubleLine Multi-Asset Growth Fund, Class I
Data updated: 2023-11-24
The net expense ratio is 1.23% (1.93% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $3K in broker commissions, 0.0107% of average net assets, and portfolio turnover was 40%.
C000092482 Fees and Expenses
Annual operating expenses and sales charges of C000092482. Prospectus, as of July 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.82% |
| Gross expense ratio | 1.93% |
| Fee waiver | −0.70% |
| Net expense ratio | 1.23% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| 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 |
C000092482 Costs Over Time
On $10,000 invested in C000092482, assuming 5% a year before costs, total costs come to $772 over 5 years, cutting the return by 1.30% 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 1.23%) | $129 | $402 | $695 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $426 | $772 |
| Value after costs | $10,370 | $11,151 | $11,990 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
C000092482 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
C000092482 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% |
C000092482 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.