C000115584 Fees and Costs — AMG River Road Dividend All Cap Value Fund II, Class N
Data updated: 2020-03-26
The net expense ratio is 1.27%: a 0.60% management fee, a 0.24% 12b-1 fee plus 0.43% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $35K in broker commissions, 0.0470% of average net assets, and portfolio turnover was 32%.
C000115584 Fees and Expenses
Annual operating expenses and sales charges of C000115584. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.24% |
| Other expenses | 0.43% |
| Gross expense ratio | 1.27% |
| Fee waiver | — |
| Net expense ratio | 1.27% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000115584 Costs Over Time
On $10,000 invested in C000115584, assuming 5% a year before costs, total costs come to $819 over 5 years, cutting the return by 1.38% 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 1.27%) | $133 | $415 | $717 |
| Trading costs (broker commissions) | $5 | $15 | $27 |
| Lost growth on money paid in costs | $0 | $21 | $75 |
| Total costs | $138 | $451 | $819 |
| Value after costs | $10,362 | $11,125 | $11,944 |
| Impact on return, per year | 1.38% | 1.38% | 1.38% |
C000115584 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0470%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 32%
- Securities on loan, average value: $7.8M
- Net income from securities lending: $9K (0.012% of average net assets)
C000115584 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $15K | 44.46% |
| CANTOR FITZGERALD & CO. | $5K | 15.71% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $5K | 14.74% |
| GOLDMAN SACHS & CO. LLC | $3K | 8.69% |
| Raymond James & Associates, Inc. | $2K | 6.96% |
| DEUTSCHE BANK SECURITIES INC. | $1K | 2.95% |
| STIFEL, NICOLAUS & CO INC | $942 | 2.73% |
| SANFORD C. BERNSTEIN & CO., LLC | $859 | 2.49% |
| JEFFERIES LLC | $258 | 0.75% |
| VIRTU ITG LLC | $184 | 0.53% |
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.