C000175113 Fees and Costs — Voya Smid Cap Growth Fund, Class A
Data updated: 2020-04-24
The net expense ratio is 1.22%: a 0.85% management fee, a 0.25% 12b-1 fee plus 3.00% other expenses, less a 2.89% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2019 the fund paid $4K in broker commissions, 0.1139% of average net assets, and portfolio turnover was 109%.
C000175113 Fees and Expenses
Annual operating expenses and sales charges of C000175113. Prospectus, as of September 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.00% |
| Gross expense ratio | 4.11% |
| Fee waiver | −2.89% |
| Net expense ratio | 1.22% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 | Yes |
C000175113 Costs Over Time
On $10,000 invested in C000175113, assuming 5% a year before costs, total costs come to $1,515 over 5 years, cutting the return by 2.62% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.22%) | $121 | $375 | $649 |
| Trading costs (broker commissions) | $11 | $35 | $61 |
| Lost growth on money paid in costs | $29 | $111 | $231 |
| Total costs | $736 | $1,096 | $1,515 |
| Value after costs | $9,764 | $10,480 | $11,248 |
| Impact on return, per year | 7.36% | 3.43% | 2.62% |
C000175113 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1139%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $4.3M
- Portfolio turnover (prospectus): 109%
- Securities on loan, average value: $178K
- Net income from securities lending: $1K (0.035% of average net assets)
C000175113 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| LIQUIDNET, INC. | $293 | 15.39% |
| JMP SECURITIES LLC | $222 | 11.65% |
| BARCLAYS CAPITAL, INC. | $206 | 10.79% |
| J.P. MORGAN SECURITIES LLC | $203 | 10.64% |
| ROBERT W. BAIRD & CO. INC. | $195 | 10.22% |
| EVERCORE GROUP L.L.C. | $177 | 9.31% |
| UBS Securities LLC | $176 | 9.25% |
| CITIGROUP GLOBAL MARKETS INC. | $176 | 9.22% |
| JEFFERIES LLC | $130 | 6.79% |
| VIRTU ITG LLC | $128 | 6.74% |
C000175113 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $4.2M | 99.03% |
| GOLDMAN SACHS & CO. LLC | $30K | 0.70% |
| Bank of America Corporation | $8K | 0.18% |
| J.P. Morgan Securities LLC | $3K | 0.08% |
| SunTrust Banks, Inc. | $89 | 0.00% |
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.