C000122675 Fees and Costs — Columbia Disciplined Small Core Fund, Institutional 3 Class
Data updated: 2020-07-28
The net expense ratio is 0.91%: a 0.85% management fee plus 0.21% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $172K in broker commissions, 0.1649% of average net assets, and portfolio turnover was 87%.
C000122675 Fees and Expenses
Annual operating expenses and sales charges of C000122675. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.06% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.91% |
| 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 |
C000122675 Costs Over Time
On $10,000 invested in C000122675, assuming 5% a year before costs, total costs come to $671 over 5 years, cutting the return by 1.13% 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 0.91%) | $96 | $298 | $516 |
| Trading costs (broker commissions) | $17 | $54 | $94 |
| Lost growth on money paid in costs | $0 | $17 | $62 |
| Total costs | $113 | $369 | $671 |
| Value after costs | $10,387 | $11,207 | $12,091 |
| Impact on return, per year | 1.13% | 1.13% | 1.13% |
C000122675 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1649%
- Total broker commissions: $172K
- Bought from dealers (principal trades, not a cost): $1.0M
- Portfolio turnover (prospectus): 87%
- Securities lending: none during the year
C000122675 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $28K | 20.53% |
| RBC Capital Markets | $20K | 14.93% |
| Jeffries | $18K | 13.41% |
| Wells Fargo Securities LLC | $15K | 11.30% |
| Barclays | $11K | 8.24% |
| Credit Suisse | $11K | 8.03% |
| Virtu Financial Capital Markets LLC | $11K | 7.88% |
| Liquidnet Inc | $9K | 6.48% |
| Citi | $7K | 5.04% |
| Keefe Bruyette & Woods Inc | $6K | 4.17% |
C000122675 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $566K | 54.94% |
| Jeffries | $308K | 29.87% |
| Goldman Sachs | $100K | 9.71% |
| Leerink Partners LLC | $56K | 5.48% |
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.