C000168935 Fees and Costs — American Beacon GLG Total Return Fund, C Class
Data updated: 2020-06-29
The net expense ratio is 2.00%: a 0.95% management fee, a 1.00% 12b-1 fee plus 0.28% other expenses, less a 0.23% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 19%.
C000168935 Fees and Expenses
Annual operating expenses and sales charges of C000168935. Prospectus, as of May 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.28% |
| Gross expense ratio | 2.23% |
| Fee waiver | −0.23% |
| Net expense ratio | 2.00% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000168935 Costs Over Time
On $10,000 invested in C000168935, assuming 5% a year before costs, total costs come to $1,226 over 5 years, cutting the return by 2.10% 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 | $103 | $0 | $0 |
| Fund expenses (net expense ratio 2.00%) | $210 | $648 | $1,113 |
| Lost growth on money paid in costs | $0 | $32 | $114 |
| Total costs | $313 | $681 | $1,226 |
| Value after costs | $10,187 | $10,895 | $11,537 |
| Impact on return, per year | 3.13% | 2.10% | 2.10% |
C000168935 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $982.7M
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
C000168935 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $433.6M | 44.12% |
| BNY Mellon Capital Markets, LLC | $279.7M | 28.47% |
| Morgan Stanley & Co. LLC | $210.7M | 21.44% |
| Deutsche Bank Securities Inc. | $37.5M | 3.81% |
| Goldman Sachs & Co. LLC | $17.1M | 1.74% |
| Citigroup Global Markets Inc. | $1.9M | 0.19% |
| Banco Bilbao Vizcaya Argentaria Sociedad Anonima | $896K | 0.09% |
| HSBC Securities (USA) Inc. | $760K | 0.08% |
| TPCG Financial Services Agente de Valores S.A. | $258K | 0.03% |
| BNP Paribas Securities Corp. | $188K | 0.02% |
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.