C000134128 Fees and Costs — Invesco Long/Short Equity Fund, Class Y
Data updated: 2020-09-29
The net expense ratio is 1.34%: a 0.80% management fee plus 0.60% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $28K in broker commissions, 0.0453% of average net assets, and portfolio turnover was 92%.
C000134128 Fees and Expenses
Annual operating expenses and sales charges of C000134128. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.60% |
| Gross expense ratio | 1.41% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.34% |
| 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 |
C000134128 Costs Over Time
On $10,000 invested in C000134128, assuming 5% a year before costs, total costs come to $860 over 5 years, cutting the return by 1.45% 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 1.34%) | $141 | $437 | $755 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $22 | $79 |
| Total costs | $145 | $474 | $860 |
| Value after costs | $10,355 | $11,102 | $11,903 |
| Impact on return, per year | 1.45% | 1.45% | 1.45% |
C000134128 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
C000134128 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.