C000097447 Fees and Costs — Columbia Small/Mid Cap Value Fund, Institutional Class
Data updated: 2020-08-12
The net expense ratio is 0.99%: a 0.80% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $379K in broker commissions, 0.0622% of average net assets, and portfolio turnover was 28%.
C000097447 Fees and Expenses
Annual operating expenses and sales charges of C000097447. Prospectus, as of September 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.99% |
| Fee waiver | — |
| Net expense ratio | 0.99% |
| 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 |
C000097447 Costs Over Time
On $10,000 invested in C000097447, assuming 5% a year before costs, total costs come to $657 over 5 years, cutting the return by 1.10% 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 0.99%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $7 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $362 | $657 |
| Value after costs | $10,390 | $11,215 | $12,105 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
C000097447 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0622%
- Total broker commissions: $379K
- Bought from dealers (principal trades, not a cost): $4.6M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
C000097447 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $151K | 43.31% |
| Virtu Financial Capital Markets LLC | $55K | 15.62% |
| Credit Suisse | $36K | 10.29% |
| RBC Capital Markets | $29K | 8.27% |
| Morgan Stanley | $26K | 7.51% |
| Suntrust Robinson Humphrey Inc. | $15K | 4.29% |
| Wells Fargo Securities LLC | $13K | 3.78% |
| UBS | $9K | 2.44% |
| Keefe Bruyette & Woods Inc | $8K | 2.43% |
| Keybanc Capital Markets Inc | $7K | 2.05% |
C000097447 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $4.6M | 100.00% |
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.