C000102145 Fees and Costs — Neuberger Berman Integrated Large Cap Fund, Institutional Class
Data updated: 2022-01-25
The net expense ratio is 0.41%: a 0.35% management fee plus 8.32% other expenses, less a 8.26% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $264 in broker commissions, 0.0069% of average net assets, and portfolio turnover was 155%.
C000102145 Fees and Expenses
Annual operating expenses and sales charges of C000102145. Prospectus, as of August 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 8.32% |
| Gross expense ratio | 8.67% |
| Fee waiver | −8.26% |
| Net expense ratio | 0.41% |
| 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 | Yes |
C000102145 Costs Over Time
On $10,000 invested in C000102145, assuming 5% a year before costs, total costs come to $264 over 5 years, cutting the return by 0.44% 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 0.41%) | $43 | $135 | $236 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $144 | $264 |
| Value after costs | $10,456 | $11,432 | $12,499 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
C000102145 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0069%
- Total broker commissions: $264
- Bought from dealers (principal trades, not a cost): $823K
- Portfolio turnover (prospectus): 155%
- Securities lending: none during the year
C000102145 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $212 | 80.34% |
| Credit Suisse Securities (USA) LLC | $34 | 12.90% |
| Jefferies LLC | $18 | 6.76% |
C000102145 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $823K | 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.