C000171399 Fees and Costs — Nuveen Large Cap Core Fund, Class R6
Data updated: 2021-11-15
The net expense ratio is 0.65%: a 0.64% management fee plus 0.05% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $186K in broker commissions, 0.0403% of average net assets, and portfolio turnover was 107%.
C000171399 Fees and Expenses
Annual operating expenses and sales charges of C000171399. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.69% |
| Fee waiver | −0.04% |
| 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 | No |
C000171399 Costs Over Time
On $10,000 invested in C000171399, assuming 5% a year before costs, total costs come to $434 over 5 years, cutting the return by 0.72% 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) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $72 | $238 | $434 |
| Value after costs | $10,428 | $11,338 | $12,328 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
C000171399 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0403%
- Total broker commissions: $186K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 107%
- Securities lending: none during the year
C000171399 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $35K | 19.83% |
| Credit Suisse Securities (USA) LLC | $23K | 12.76% |
| National Financial Services LLC | $22K | 12.32% |
| Instinet LLC | $21K | 11.56% |
| Jefferies LLC | $20K | 11.10% |
| Bank of America, National Association | $18K | 9.95% |
| Goldman Sachs & Co. LLC | $17K | 9.64% |
| JPMorgan Securities LLC | $12K | 6.68% |
| Virtu Americas LLC | $6K | 3.54% |
| Piper Jaffray & Co. | $5K | 2.62% |
C000171399 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $152.2M | 13.38% |
| National Financial Services LLC | $132.9M | 11.68% |
| JPMorgan Securities LLC | $125.2M | 11.00% |
| Goldman Sachs & Co. LLC | $118.5M | 10.41% |
| RBC Capital Markets, LLC | $117.5M | 10.33% |
| Instinet LLC | $114.0M | 10.02% |
| Credit Suisse Securities (USA) LLC | $111.2M | 9.77% |
| Bank of America, National Association | $110.9M | 9.75% |
| Piper Jaffray & Co. | $93.6M | 8.22% |
| Virtu Americas LLC | $61.8M | 5.43% |
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.