C000136682 Fees and Costs — Zacks Dividend Fund, Investor Class
Data updated: 2024-02-12
The net expense ratio is 1.27% (1.30% before fee waivers). This share class carries a redemption fee of 2.00%. In fiscal 2023 the fund paid $17K in broker commissions, 0.0092% of average net assets, and portfolio turnover was 27%.
C000136682 Fees and Expenses
Annual operating expenses and sales charges of C000136682. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.30% |
| Fee waiver | −0.03% |
| Net expense ratio | 1.27% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000136682 Costs Over Time
On $10,000 invested in C000136682, assuming 5% a year before costs, total costs come to $796 over 5 years, cutting the return by 1.34% 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 1.27%) | $133 | $415 | $717 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $134 | $439 | $796 |
| Value after costs | $10,366 | $11,138 | $11,967 |
| Impact on return, per year | 1.34% | 1.34% | 1.34% |
C000136682 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0092%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $15
- Portfolio turnover (prospectus): 27%
- Securities on loan, average value: $21K
- Net income from securities lending: —
C000136682 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $17K | 100.00% |
C000136682 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $15 | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.