C000176914 Fees and Costs — American Beacon Alpha Quant Value Fund, Investor Class
Data updated: 2020-05-29
The net expense ratio is 0.97%: a 0.60% management fee plus 3.09% other expenses, less a 2.72% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $4K in broker commissions, 0.0723% of average net assets, and portfolio turnover was 90%.
C000176914 Fees and Expenses
Annual operating expenses and sales charges of C000176914. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.09% |
| Gross expense ratio | 3.69% |
| Fee waiver | −2.72% |
| Net expense ratio | 0.97% |
| 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 |
C000176914 Costs Over Time
On $10,000 invested in C000176914, assuming 5% a year before costs, total costs come to $651 over 5 years, cutting the return by 1.09% 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 0.97%) | $102 | $318 | $551 |
| Trading costs (broker commissions) | $8 | $24 | $41 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $358 | $651 |
| Value after costs | $10,391 | $11,218 | $12,111 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
C000176914 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): 0.0723%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $88K
- Portfolio turnover (prospectus): 90%
- Securities lending: none during the year
C000176914 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Abel Noser, LLC | $4K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.