C000095891 Fees and Costs — Neuberger Berman Global Allocation Fund, Class A
Data updated: 2023-03-22
The net expense ratio is 1.14% (4.84% before fee waivers). This share class carries a maximum front-end sales load of 5.75%. In fiscal 2022 the fund paid $5K in broker commissions, 0.0518% of average net assets, and portfolio turnover was 138%.
C000095891 Fees and Expenses
Annual operating expenses and sales charges of C000095891. Prospectus, as of October 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.81% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 4.84% |
| Fee waiver | −3.70% |
| Net expense ratio | 1.14% |
| 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 | Yes |
C000095891 Costs Over Time
On $10,000 invested in C000095891, assuming 5% a year before costs, total costs come to $1,434 over 5 years, cutting the return by 2.47% 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 1.14%) | $113 | $351 | $608 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $29 | $109 | $223 |
| Total costs | $722 | $1,051 | $1,434 |
| Value after costs | $9,778 | $10,525 | $11,329 |
| Impact on return, per year | 7.22% | 3.28% | 2.47% |
C000095891 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0518%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $12.8M
- Portfolio turnover (prospectus): 138%
- Securities lending: none during the year
C000095891 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $1K | 29.70% |
| Morgan Stanley & Co. LLC | $1K | 25.76% |
| Credit Suisse Securities (USA) LLC | $468 | 9.86% |
| Citigroup Global Markets Inc. | $359 | 7.56% |
| J.P. Morgan Securities LLC | $332 | 7.00% |
| Goldman Sachs & Co. LLC | $251 | 5.29% |
| Virtu Americas LLC | $228 | 4.80% |
| CLSA Americas, LLC | $184 | 3.87% |
| HSBC Securities (USA) Inc. | $179 | 3.78% |
| BNP Paribas Securities Corp. | $114 | 2.39% |
C000095891 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $8.7M | 70.20% |
| J.P. Morgan Securities LLC | $966K | 7.83% |
| Goldman Sachs & Co. LLC | $679K | 5.51% |
| BofA Securities, Inc. | $452K | 3.67% |
| BMO Capital Markets Corp. | $370K | 3.00% |
| Citigroup Global Markets Inc. | $321K | 2.60% |
| Morgan Stanley & Co. LLC | $272K | 2.21% |
| Deutsche Bank Securities Inc. | $218K | 1.77% |
| Nomura Securities International, Inc. | $218K | 1.76% |
| Citadel Securities LLC | $179K | 1.45% |
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.