C000161285 Fees and Costs — Goldman Sachs High Quality Floating Rate Fund, Class R6
Data updated: 2022-02-24
The net expense ratio is 0.35%: a 0.31% management fee plus 0.23% other expenses, less a 0.19% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $3K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 24%.
C000161285 Fees and Expenses
Annual operating expenses and sales charges of C000161285. Prospectus, as of July 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.31% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.54% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000161285 Costs Over Time
On $10,000 invested in C000161285, assuming 5% a year before costs, total costs come to $222 over 5 years, cutting the return by 0.37% 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 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $122 | $222 |
| Value after costs | $10,463 | $11,455 | $12,540 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
C000161285 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $2.1B
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
C000161285 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $2K | 99.34% |
| J.P. Morgan Securities PLC | $17 | 0.66% |
C000161285 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $1.9B | 92.36% |
| Morgan Stanley & Co. International PLC | $35.2M | 1.71% |
| Nomura Securities International, Inc. | $27.3M | 1.33% |
| J.P. Morgan Securities LLC | $18.8M | 0.91% |
| Citibank, National Association | $17.1M | 0.83% |
| Deutsche Bank Securities Inc. | $14.2M | 0.69% |
| JPMorgan Chase Bank, National Association | $13.5M | 0.66% |
| Bank of America, National Association | $12.2M | 0.59% |
| Brean Capital, LLC | $10.2M | 0.49% |
| Morgan Stanley & Co. LLC | $8.6M | 0.42% |
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.