C000147059 Fees and Costs — BrandywineGLOBAL - Dynamic US Large Cap Value Fund, Class IS
Data updated: 2022-12-07
The net expense ratio is 0.65%: a 0.55% management fee plus 0.12% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $141K in broker commissions, 0.0617% of average net assets, and portfolio turnover was 83%.
C000147059 Fees and Expenses
Annual operating expenses and sales charges of C000147059. Prospectus, as of January 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.67% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.65% |
| 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 | Yes |
C000147059 Costs Over Time
On $10,000 invested in C000147059, assuming 5% a year before costs, total costs come to $448 over 5 years, cutting the return by 0.75% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $75 | $245 | $448 |
| Value after costs | $10,425 | $11,331 | $12,315 |
| Impact on return, per year | 0.75% | 0.75% | 0.75% |
C000147059 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
C000147059 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.