C000126828 Fees and Costs — Nuveen Large Cap Core Fund, Class C
Data updated: 2021-11-15
The net expense ratio is 1.73%: a 0.64% management fee, a 1.00% 12b-1 fee plus 0.13% other expenses, less a 0.04% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2021 the fund paid $186K in broker commissions, 0.0403% of average net assets, and portfolio turnover was 107%.
C000126828 Fees and Expenses
Annual operating expenses and sales charges of C000126828. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 1.77% |
| Fee waiver | −0.04% |
| Net expense ratio | 1.73% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000126828 Costs Over Time
On $10,000 invested in C000126828, assuming 5% a year before costs, total costs come to $1,090 over 5 years, cutting the return by 1.86% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.73%) | $182 | $562 | $967 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $29 | $101 |
| Total costs | $289 | $604 | $1,090 |
| Value after costs | $10,211 | $10,972 | $11,672 |
| Impact on return, per year | 2.89% | 1.86% | 1.86% |
C000126828 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): 0.0403%
- Total broker commissions: $186K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 107%
- Securities lending: none during the year
C000126828 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $35K | 19.83% |
| Credit Suisse Securities (USA) LLC | $23K | 12.76% |
| National Financial Services LLC | $22K | 12.32% |
| Instinet LLC | $21K | 11.56% |
| Jefferies LLC | $20K | 11.10% |
| Bank of America, National Association | $18K | 9.95% |
| Goldman Sachs & Co. LLC | $17K | 9.64% |
| JPMorgan Securities LLC | $12K | 6.68% |
| Virtu Americas LLC | $6K | 3.54% |
| Piper Jaffray & Co. | $5K | 2.62% |
C000126828 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $152.2M | 13.38% |
| National Financial Services LLC | $132.9M | 11.68% |
| JPMorgan Securities LLC | $125.2M | 11.00% |
| Goldman Sachs & Co. LLC | $118.5M | 10.41% |
| RBC Capital Markets, LLC | $117.5M | 10.33% |
| Instinet LLC | $114.0M | 10.02% |
| Credit Suisse Securities (USA) LLC | $111.2M | 9.77% |
| Bank of America, National Association | $110.9M | 9.75% |
| Piper Jaffray & Co. | $93.6M | 8.22% |
| Virtu Americas LLC | $61.8M | 5.43% |
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.