C000116096 Fees and Costs — Nuveen Gresham Diversified Commodity Strategy Fund, Class I
Data updated: 2020-08-27
The net expense ratio is 1.01% (1.28% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 0%.
C000116096 Fees and Expenses
Annual operating expenses and sales charges of C000116096. Prospectus, as of January 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.96% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.28% |
| Fee waiver | −0.27% |
| Net expense ratio | 1.01% |
| 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 |
C000116096 Costs Over Time
On $10,000 invested in C000116096, assuming 5% a year before costs, total costs come to $632 over 5 years, cutting the return by 1.06% 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 1.01%) | $106 | $331 | $574 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $347 | $632 |
| Value after costs | $10,394 | $11,229 | $12,131 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
C000116096 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000116096 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Securities LLC | $78.7M | 43.23% |
| Morgan Stanley | $29.6M | 16.26% |
| Wells Fargo Securities, LLC | $18.4M | 10.13% |
| HSBC Securities (USA) Inc. | $17.7M | 9.71% |
| Goldman Sachs & Co. LLC | $9.5M | 5.20% |
| UBS Financial Services Inc. | $7.1M | 3.91% |
| Bank of America, National Association | $6.7M | 3.69% |
| TD Securities (USA) LLC | $6.0M | 3.28% |
| BMO Capital Markets Corp. | $4.9M | 2.70% |
| RBS Securities Corporation | $3.4M | 1.89% |
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.