C000128528 Fees and Costs — International Small Company Fund, Class R6
Data updated: 2025-07-29
The net expense ratio is 0.92%: a 0.80% management fee plus 0.13% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $63K in broker commissions, 0.0111% of average net assets, and portfolio turnover was 9%.
C000128528 Fees and Expenses
Annual operating expenses and sales charges of C000128528. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.92% |
| 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 |
C000128528 Costs Over Time
On $10,000 invested in C000128528, assuming 5% a year before costs, total costs come to $583 over 5 years, cutting the return by 0.98% 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 0.92%) | $97 | $302 | $523 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $98 | $320 | $583 |
| Value after costs | $10,402 | $11,256 | $12,180 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
C000128528 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0111%
- Total broker commissions: $63K
- Bought from dealers (principal trades, not a cost): $1.2M
- Portfolio turnover (prospectus): 9%
- Securities on loan, average value: $20.2M
- Net income from securities lending: $377K (0.067% of average net assets)
C000128528 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $20K | 32.05% |
| Jefferies LLC | $17K | 27.39% |
| Societe Generale SA | $6K | 10.20% |
| UBS AG | $6K | 9.38% |
| Virtu ITG LLC | $6K | 9.14% |
| Goldman Sachs & Co. LLC | $3K | 4.48% |
| ABN AMRO Bank N.V. | $2K | 2.59% |
| Virtu Financial Ireland Limited | $1K | 1.88% |
| BNP Paribas | $982 | 1.58% |
| Redburn (Europe) Limited | $823 | 1.32% |
C000128528 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Macquarie Group Limited | $499K | 45.35% |
| Canaccord Genuity Group Inc. | $163K | 14.85% |
| MarketAxess Europe Limited | $122K | 11.05% |
| Goldman Sachs & Co. LLC | $88K | 7.96% |
| Barrenjoey Markets Pty Limited | $81K | 7.35% |
| Citigroup Global Markets Holdings Inc. | $50K | 4.52% |
| Joh. Berenberg, Gossler & Co. KG | $42K | 3.79% |
| Euroz Hartleys Securities Pty, Lid. | $25K | 2.28% |
| Jarden Securities Limited | $17K | 1.59% |
| Instinet, LLC | $14K | 1.25% |
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.