C000147054 Fees and Costs — BrandywineGLOBAL - Dynamic US Large Cap Value Fund, Class A
Data updated: 2022-12-07
The net expense ratio is 1.08%: a 0.55% management fee, a 0.25% 12b-1 fee plus 0.28% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2022 the fund paid $141K in broker commissions, 0.0617% of average net assets, and portfolio turnover was 83%.
C000147054 Fees and Expenses
Annual operating expenses and sales charges of C000147054. Prospectus, as of January 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.28% |
| Gross expense ratio | 1.08% |
| Fee waiver | — |
| Net expense ratio | 1.08% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 | Yes |
C000147054 Costs Over Time
On $10,000 invested in C000147054, assuming 5% a year before costs, total costs come to $1,405 over 5 years, cutting the return by 2.42% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.08%) | $107 | $333 | $577 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $29 | $108 | $220 |
| Total costs | $717 | $1,035 | $1,405 |
| Value after costs | $9,783 | $10,541 | $11,358 |
| Impact on return, per year | 7.17% | 3.23% | 2.42% |
C000147054 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0617%
- Total broker commissions: $141K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 83%
- Securities lending: none during the year
C000147054 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $21K | 20.91% |
| JONESTRADING | $17K | 16.32% |
| PIPER SANDLER & CO. | $13K | 13.02% |
| LIQUIDNET, INC. | $11K | 10.92% |
| B. RILEY SECURITIES, INC. | $10K | 9.98% |
| KEYBANC CAPITAL MARKETS, INC. | $7K | 7.07% |
| Pershing LLC | $6K | 6.19% |
| SANFORD C. BERNSTEIN & CO., LLC | $6K | 5.56% |
| MAXIM GROUP LLC | $5K | 5.10% |
| Merrill Lynch Professional Clearing Corp. | $5K | 4.94% |
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.