C000134125 Fees and Costs — Invesco Long/Short Equity Fund, Class A
Data updated: 2020-09-29
The net expense ratio is 1.59%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.60% other expenses, less a 0.07% fee waiver. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2019 the fund paid $28K in broker commissions, 0.0453% of average net assets, and portfolio turnover was 92%.
C000134125 Fees and Expenses
Annual operating expenses and sales charges of C000134125. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.60% |
| Gross expense ratio | 1.66% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.59% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 |
C000134125 Costs Over Time
On $10,000 invested in C000134125, assuming 5% a year before costs, total costs come to $1,656 over 5 years, cutting the return by 2.88% 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 | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.59%) | $158 | $489 | $842 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $27 | $112 | $240 |
| Total costs | $740 | $1,165 | $1,656 |
| Value after costs | $9,760 | $10,412 | $11,106 |
| Impact on return, per year | 7.40% | 3.65% | 2.88% |
C000134125 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0453%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 92%
- Securities lending: none during the year
C000134125 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $28K | 99.72% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $80 | 0.28% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.