C000183199 Fees and Costs — Voya CBRE Global Infrastructure Fund, Class A
Data updated: 2020-03-26
The net expense ratio is 1.35%: a 1.00% management fee, a 0.25% 12b-1 fee plus 0.58% other expenses, less a 0.48% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2019 the fund paid $102K in broker commissions, 0.0655% of average net assets, and portfolio turnover was 61%.
C000183199 Fees and Expenses
Annual operating expenses and sales charges of C000183199. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.58% |
| Gross expense ratio | 1.83% |
| Fee waiver | −0.48% |
| Net expense ratio | 1.35% |
| 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 |
C000183199 Costs Over Time
On $10,000 invested in C000183199, assuming 5% a year before costs, total costs come to $1,561 over 5 years, cutting the return by 2.71% 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 1.35%) | $134 | $415 | $717 |
| Trading costs (broker commissions) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $29 | $112 | $235 |
| Total costs | $744 | $1,122 | $1,561 |
| Value after costs | $9,756 | $10,454 | $11,201 |
| Impact on return, per year | 7.44% | 3.51% | 2.71% |
C000183199 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0655%
- Total broker commissions: $102K
- Bought from dealers (principal trades, not a cost): $302.0M
- Portfolio turnover (prospectus): 61%
- Securities lending: none during the year
C000183199 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $19K | 21.57% |
| MORGAN STANLEY & CO. LLC | $18K | 19.49% |
| MACQUARIE CAPITAL (USA), INC. | $11K | 11.96% |
| Bank of America Corporation | $10K | 10.80% |
| CITIGROUP GLOBAL MARKETS INC. | $6K | 7.16% |
| RBC CAPITAL MARKETS, LLC | $6K | 6.70% |
| Exane, Inc. | $6K | 6.31% |
| J.P. MORGAN SECURITIES LLC | $5K | 5.82% |
| CREDIT AGRICOLE SA | $5K | 5.35% |
| BARCLAYS CAPITAL, INC. | $4K | 4.84% |
C000183199 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $294.0M | 97.93% |
| RBC CAPITAL MARKETS LLC | $1.8M | 0.59% |
| MORGAN STANLEY & CO. LLC | $1.6M | 0.54% |
| Brown Brothers Harriman & Co. | $1.5M | 0.50% |
| J.P. Morgan Securities LLC | $1.1M | 0.36% |
| Bank of America Corporation | $278K | 0.09% |
| UBS SECURITIES LLC | $2 | 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.