C000108825 Fees and Costs — BMO Dividend Income Fund, Class I
Data updated: 2022-01-19
The net expense ratio is 0.65%: a 0.50% management fee plus 0.27% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $68K in broker commissions, 0.0270% of average net assets, and portfolio turnover was 32%.
C000108825 Fees and Expenses
Annual operating expenses and sales charges of C000108825. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.27% |
| Gross expense ratio | 0.77% |
| Fee waiver | −0.12% |
| Net expense ratio | 0.65% |
| 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 | No |
C000108825 Costs Over Time
On $10,000 invested in C000108825, assuming 5% a year before costs, total costs come to $426 over 5 years, cutting the return by 0.71% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $234 | $426 |
| Value after costs | $10,429 | $11,343 | $12,337 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
C000108825 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): 0.0270%
- Total broker commissions: $68K
- Bought from dealers (principal trades, not a cost): $162.3M
- Portfolio turnover (prospectus): 32%
- Securities on loan, average value: $12.5M
- Net income from securities lending: $36K (0.014% of average net assets)
C000108825 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $15K | 25.33% |
| Capital Institutional Services, Inc. | $10K | 16.43% |
| Cowen and Company, LLC | $7K | 12.45% |
| Instinet, LLC | $6K | 10.07% |
| RBC Capital Markets, LLC | $5K | 8.26% |
| Sanford C. Bernstein & Co., LLC | $4K | 6.80% |
| Jefferies LLC | $4K | 6.32% |
| National Financial Services LLC | $3K | 5.58% |
| Stephens Inc. | $3K | 4.96% |
| J.P. Morgan Securities LLC | $2K | 3.80% |
C000108825 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $162.3M | 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.