C000096638 Fees and Costs — Voya Multi-Manager International Factors Fund, Class I
Data updated: 2024-06-25
The net expense ratio is 0.71%: a 0.65% management fee plus 0.14% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $434K in broker commissions, 0.1279% of average net assets, and portfolio turnover was 97%.
C000096638 Fees and Expenses
Annual operating expenses and sales charges of C000096638. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.71% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
C000096638 Costs Over Time
On $10,000 invested in C000096638, assuming 5% a year before costs, total costs come to $526 over 5 years, cutting the return by 0.88% 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 0.71%) | $75 | $233 | $405 |
| Trading costs (broker commissions) | $13 | $42 | $73 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $88 | $289 | $526 |
| Value after costs | $10,412 | $11,288 | $12,237 |
| Impact on return, per year | 0.88% | 0.88% | 0.88% |
C000096638 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1279%
- Total broker commissions: $434K
- Bought from dealers (principal trades, not a cost): $208.9M
- Portfolio turnover (prospectus): 97%
- Securities on loan, average value: $3.4M
- Net income from securities lending: $15K (0.004% of average net assets)
C000096638 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $207K | 48.10% |
| BOFA SECURITIES, INC. | $68K | 15.73% |
| INSTINET, LLC | $60K | 13.88% |
| J.P. Morgan Securities LLC | $36K | 8.42% |
| GOLDMAN SACHS & CO. LLC | $22K | 5.07% |
| HSBC SECURITIES (USA) INC. | $20K | 4.58% |
| CITIGROUP GLOBAL MARKETS INC. | $13K | 3.00% |
| CREDIT SUISSE SECURITIES (USA) LLC | $3K | 0.71% |
| JEFFERIES LLC | $1K | 0.26% |
| CLSA AMERICAS, LLC | $1K | 0.24% |
C000096638 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $207.9M | 99.50% |
| Swedish Match AB | $893K | 0.43% |
| CitiGroup Global Markets Inc. | $126K | 0.06% |
| BOLIDEN AB | $13K | 0.01% |
| BOFA SECURITIES, INC. | $6K | 0.00% |
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.