C000171400 Fees and Costs — Nuveen Large Cap Growth Fund, Class R6
Data updated: 2021-01-27
The net expense ratio is 0.65%: a 0.67% management fee plus 0.10% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $137K in broker commissions, 0.0527% of average net assets, and portfolio turnover was 126%.
C000171400 Fees and Expenses
Annual operating expenses and sales charges of C000171400. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.77% |
| Fee waiver | −0.12% |
| 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 |
C000171400 Costs Over Time
On $10,000 invested in C000171400, assuming 5% a year before costs, total costs come to $442 over 5 years, cutting the return by 0.74% 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) | $6 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $242 | $442 |
| Value after costs | $10,426 | $11,334 | $12,321 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
C000171400 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0527%
- Total broker commissions: $137K
- Bought from dealers (principal trades, not a cost): $657.1M
- Portfolio turnover (prospectus): 126%
- Securities lending: none during the year
C000171400 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $25K | 18.48% |
| JPMorgan Securities LLC | $24K | 17.69% |
| Bank of America, National Association | $19K | 13.89% |
| Credit Suisse Securities (USA) LLC | $14K | 10.38% |
| Jefferies LLC | $14K | 10.06% |
| Instinet LLC | $13K | 9.62% |
| CITATION FINANCIAL GROUP, L.P. | $12K | 9.18% |
| RBC Capital Markets, LLC | $10K | 7.61% |
| Piper Jaffray & Co. | $3K | 2.28% |
| Morgan Stanley | $1K | 0.81% |
C000171400 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Securities LLC | $90.9M | 14.10% |
| Instinet LLC | $83.4M | 12.94% |
| Bank of America, National Association | $83.3M | 12.92% |
| RBC Capital Markets, LLC | $82.0M | 12.73% |
| Credit Suisse Securities (USA) LLC | $79.2M | 12.30% |
| Jefferies LLC | $72.2M | 11.20% |
| Goldman Sachs & Co. LLC | $68.1M | 10.58% |
| CITATION FINANCIAL GROUP, L.P. | $47.8M | 7.42% |
| Piper Jaffray & Co. | $27.9M | 4.33% |
| Morgan Stanley | $9.5M | 1.48% |
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.