C000130863 Fees and Costs — Lifestyle Aggressive Portfolio, Class NAV
Data updated: 2021-05-28
The net expense ratio is 0.61% (0.79% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $2K in broker commissions, 0.0062% of average net assets, and portfolio turnover was 20%.
C000130863 Fees and Expenses
Annual operating expenses and sales charges of C000130863. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.12% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.61% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000130863 Costs Over Time
On $10,000 invested in C000130863, assuming 5% a year before costs, total costs come to $388 over 5 years, cutting the return by 0.65% 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 0.61%) | $64 | $201 | $349 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $65 | $213 | $388 |
| Value after costs | $10,435 | $11,364 | $12,374 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
C000130863 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0062%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $3.0M
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $89K
- Net income from securities lending: $913 (0.003% of average net assets)
C000130863 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Pershing LLC | $917 | 42.77% |
| Virtu Americas LLC | $780 | 36.36% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $448 | 20.87% |
| Goldman Sachs & Co. LLC | $0 | 0.00% |
C000130863 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $3.0M | 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.