C000158739 Fees and Costs — Trillium ESG Small/Mid Cap Fund, Institutional Class
Data updated: 2023-11-02
The net expense ratio is 0.98%: a 0.75% management fee plus 0.61% other expenses, less a 0.38% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2023 the fund paid $11K in broker commissions, 0.0277% of average net assets, and portfolio turnover was 21%.
C000158739 Fees and Expenses
Annual operating expenses and sales charges of C000158739. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.61% |
| Gross expense ratio | 1.36% |
| Fee waiver | −0.38% |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| 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 |
C000158739 Costs Over Time
On $10,000 invested in C000158739, assuming 5% a year before costs, total costs come to $630 over 5 years, cutting the return by 1.06% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $346 | $630 |
| Value after costs | $10,394 | $11,230 | $12,133 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
C000158739 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0277%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
C000158739 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $4K | 39.13% |
| PIPER JAFFRAY & CO. | $3K | 27.67% |
| ALLIANCEBERNSTEIN INVESTMENTS, INC. | $2K | 23.16% |
| EVERCORE GROUP L.L.C. | $706 | 6.60% |
| EXANE, INC. | $367 | 3.43% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.