C000176907 Fees and Costs — American Beacon Alpha Quant Dividend Fund, Institutional Class
Data updated: 2020-05-29
The net expense ratio is 0.59%: a 0.60% management fee plus 4.05% other expenses, less a 4.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $1K in broker commissions, 0.0440% of average net assets, and portfolio turnover was 34%.
C000176907 Fees and Expenses
Annual operating expenses and sales charges of C000176907. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 4.05% |
| Gross expense ratio | 4.65% |
| Fee waiver | −4.06% |
| Net expense ratio | 0.59% |
| 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 | Yes |
C000176907 Costs Over Time
On $10,000 invested in C000176907, assuming 5% a year before costs, total costs come to $399 over 5 years, cutting the return by 0.67% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $5 | $14 | $25 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $219 | $399 |
| Value after costs | $10,433 | $11,357 | $12,363 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
C000176907 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0440%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
C000176907 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Abel Noser, LLC | $1K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.