C000129845 Fees and Costs — Columbia Small/Mid Cap Value Fund, Institutional 3 Class
Data updated: 2020-08-12
The net expense ratio is 0.86%: a 0.80% management fee plus 0.07% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $379K in broker commissions, 0.0622% of average net assets, and portfolio turnover was 28%.
C000129845 Fees and Expenses
Annual operating expenses and sales charges of C000129845. Prospectus, as of September 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.87% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.86% |
| 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 |
C000129845 Costs Over Time
On $10,000 invested in C000129845, assuming 5% a year before costs, total costs come to $578 over 5 years, cutting the return by 0.97% 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 0.86%) | $90 | $282 | $489 |
| Trading costs (broker commissions) | $7 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $317 | $578 |
| Value after costs | $10,403 | $11,259 | $12,185 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
C000129845 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0622%
- Total broker commissions: $379K
- Bought from dealers (principal trades, not a cost): $4.6M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
C000129845 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $151K | 43.31% |
| Virtu Financial Capital Markets LLC | $55K | 15.62% |
| Credit Suisse | $36K | 10.29% |
| RBC Capital Markets | $29K | 8.27% |
| Morgan Stanley | $26K | 7.51% |
| Suntrust Robinson Humphrey Inc. | $15K | 4.29% |
| Wells Fargo Securities LLC | $13K | 3.78% |
| UBS | $9K | 2.44% |
| Keefe Bruyette & Woods Inc | $8K | 2.43% |
| Keybanc Capital Markets Inc | $7K | 2.05% |
C000129845 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $4.6M | 100.00% |
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.