C000177201 Fees and Costs — T. Rowe Price Growth & Income Fund, Inc., I Class
Data updated: 2021-03-11
The net expense ratio is 0.56%: a 0.54% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $595K in broker commissions, 0.0249% of average net assets, and portfolio turnover was 62%.
C000177201 Fees and Expenses
Annual operating expenses and sales charges of C000177201. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | — |
| Other expenses | 0.02% |
| Gross expense ratio | 0.56% |
| Fee waiver | — |
| Net expense ratio | 0.56% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000177201 Costs Over Time
On $10,000 invested in C000177201, assuming 5% a year before costs, total costs come to $369 over 5 years, cutting the return by 0.61% 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 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $61 | $202 | $369 |
| Value after costs | $10,439 | $11,374 | $12,394 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
C000177201 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0249%
- Total broker commissions: $595K
- Bought from dealers (principal trades, not a cost): $2.7M
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $8.2M
- Net income from securities lending: $34K (0.001% of average net assets)
C000177201 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JP MORGAN CHASE & CO. | $60K | 15.99% |
| EVERCORE GROUP L.L.C. | $51K | 13.48% |
| Royal Bank of Canada | $49K | 13.07% |
| Citigroup, Inc. | $39K | 10.39% |
| BARCLAYS PLC | $37K | 9.98% |
| Morgan Stanley | $34K | 9.13% |
| UBS Group AG | $29K | 7.65% |
| Jefferies Financial Group Inc. | $26K | 6.88% |
| Cowen and Company, LLC | $26K | 6.87% |
| Credit Suisse Group AG | $25K | 6.57% |
C000177201 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| KKR CAPITAL MARKETS LIMITED | $816K | 37.74% |
| Bank of America Corporation | $347K | 16.04% |
| Citigroup Inc. | $292K | 13.52% |
| Truist Securities, Inc. | $136K | 6.29% |
| Wells Fargo & Company | $136K | 6.29% |
| PNC Capital Markets LLC | $136K | 6.29% |
| Credit Suisse Group AG | $75K | 3.46% |
| BMO Capital Markets Corp. | $75K | 3.46% |
| Deutsche Bank Aktiengesellschaft | $75K | 3.46% |
| BARCLAYS PLC | $75K | 3.46% |
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.