C000153251 Fees and Costs — Columbia Multi-Asset Income Fund, Advisor Class
Data updated: 2021-03-30
The net expense ratio is 0.74% (0.98% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $16K in broker commissions, 0.0104% of average net assets, and portfolio turnover was 82%.
C000153251 Fees and Expenses
Annual operating expenses and sales charges of C000153251. Prospectus, as of August 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.24% |
| Gross expense ratio | 0.98% |
| Fee waiver | −0.24% |
| Net expense ratio | 0.74% |
| 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 |
C000153251 Costs Over Time
On $10,000 invested in C000153251, assuming 5% a year before costs, total costs come to $472 over 5 years, cutting the return by 0.79% 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 0.74%) | $78 | $243 | $423 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $472 |
| Value after costs | $10,421 | $11,318 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
C000153251 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0104%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $144.7M
- Portfolio turnover (prospectus): 82%
- Securities lending: none during the year
C000153251 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $7K | 47.60% |
| Credit Suisse | $5K | 29.50% |
| RBC Capital Markets | $2K | 10.74% |
| Wells Fargo Securities LLC | $522 | 3.32% |
| Susquehanna Financial Group LLP | $515 | 3.28% |
| Barclays | $325 | 2.07% |
| Morgan Stanley | $169 | 1.08% |
| Goldman Sachs | $153 | 0.98% |
| Virtu Financial Capital Markets LLC | $123 | 0.78% |
| Suntrust Robinson Humphrey Inc. | $103 | 0.65% |
C000153251 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| HSBC | $14.5M | 14.15% |
| Credit Suisse | $12.6M | 12.29% |
| BNP Paribas | $11.7M | 11.38% |
| Citi | $11.5M | 11.25% |
| Morgan Stanley | $10.8M | 10.56% |
| Jefferies LLC | $10.8M | 10.55% |
| BMO Capital Markets Corp. | $10.4M | 10.14% |
| Wells Fargo Securities LLC | $6.8M | 6.64% |
| Goldman Sachs | $6.8M | 6.60% |
| JPMorgan | $6.6M | 6.45% |
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.