C000123967 Fees and Costs — First Investors Growth & Income Fund, Advisor Class
Data updated: 2019-12-13
The net expense ratio is 0.80%: a 0.68% management fee plus 0.12% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $1.1M in broker commissions, 0.0668% of average net assets, and portfolio turnover was 34%.
C000123967 Fees and Expenses
Annual operating expenses and sales charges of C000123967. Prospectus, as of September 30, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.68% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000123967 Costs Over Time
On $10,000 invested in C000123967, assuming 5% a year before costs, total costs come to $544 over 5 years, cutting the return by 0.91% 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 0.80%) | $84 | $262 | $456 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $298 | $544 |
| Value after costs | $10,409 | $11,278 | $12,219 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
C000123967 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): 0.0668%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
C000123967 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company LLC | $310K | 37.33% |
| Barclays Capital Inc | $124K | 14.90% |
| Credit Suisse Securities (USA) LLC | $74K | 8.86% |
| Morgan Stanley & Co. LLC | $72K | 8.69% |
| Goldman Sachs & Co. LLC | $66K | 8.00% |
| JP Morgan Securities LLC | $64K | 7.70% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $37K | 4.44% |
| Robert W. Baird & Co. Incorporated | $33K | 4.02% |
| Stifel, Nicolaus & Co., Inc. | $31K | 3.68% |
| Jefferies LLC | $20K | 2.39% |
C000123967 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Williams Capital Group, L.P. | $507.7M | 29.85% |
| D.A. Davidson & Co. | $346.1M | 20.35% |
| INTL FCStone Financial Inc. | $299.7M | 17.62% |
| Barclays Capital Inc | $174.8M | 10.28% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $109.9M | 6.46% |
| Wells Fargo Securities, LLC | $70.9M | 4.17% |
| Citigroup Global Markets Inc. | $66.9M | 3.93% |
| Loop Capital Markets LLC | $49.9M | 2.93% |
| TD Securities (USA) LLC | $45.0M | 2.64% |
| Jefferies Group LLC | $30.0M | 1.76% |
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.