C000205559 Fees and Costs — Nuveen Emerging Markets Equity Fund, Class I
Data updated: 2022-06-29
The net expense ratio is 0.96%: a 0.86% management fee plus 1.36% other expenses, less a 1.27% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $18K in broker commissions, 0.1227% of average net assets, and portfolio turnover was 81%.
C000205559 Fees and Expenses
Annual operating expenses and sales charges of C000205559. Prospectus, as of November 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.86% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.36% |
| Gross expense ratio | 2.23% |
| Fee waiver | −1.27% |
| Net expense ratio | 0.96% |
| 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 | No |
C000205559 Costs Over Time
On $10,000 invested in C000205559, assuming 5% a year before costs, total costs come to $676 over 5 years, cutting the return by 1.14% 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 0.96%) | $101 | $314 | $544 |
| Trading costs (broker commissions) | $13 | $40 | $70 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $114 | $372 | $676 |
| Value after costs | $10,386 | $11,204 | $12,087 |
| Impact on return, per year | 1.14% | 1.14% | 1.14% |
C000205559 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.1227%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $2.2M
- Portfolio turnover (prospectus): 81%
- Securities on loan, average value: $190K
- Net income from securities lending: $5K (0.033% of average net assets)
C000205559 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CLSA AMERICAS, LLC | $4K | 25.58% |
| Citigroup | $3K | 21.33% |
| Credit Suisse Securities (USA) LLC | $3K | 15.73% |
| Bank of America, National Association | $2K | 11.46% |
| JPMorgan Securities LLC | $857 | 5.39% |
| Macquarie Capital (USA) Inc. | $694 | 4.36% |
| Virtu Americas LLC | $683 | 4.29% |
| Merrill Lynch & Co. Inc. | $661 | 4.15% |
| Robert W. Baird & Co. Incorporated | $619 | 3.89% |
| Morgan Stanley | $606 | 3.81% |
C000205559 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Securities LLC | $543K | 24.80% |
| Cowen and Company | $509K | 23.28% |
| Sanford C. Bernstein & Co., LLC | $293K | 13.37% |
| Jefferies LLC | $269K | 12.31% |
| Mizuho Securities USA, INC | $229K | 10.45% |
| Macquarie Capital (USA) Inc. | $145K | 6.62% |
| Morgan Stanley | $120K | 5.51% |
| Instinet LLC | $80K | 3.65% |
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.