C000209348 Fees and Costs — Invesco Master Event-Linked Bond Fund, Class R6
Data updated: 2021-03-15
The net expense ratio is 0.45%: a 0.38% management fee plus 0.11% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 14%.
C000209348 Fees and Expenses
Annual operating expenses and sales charges of C000209348. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.49% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.45% |
| 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 |
C000209348 Costs Over Time
On $10,000 invested in C000209348, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% 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 0.45%) | $47 | $148 | $259 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,421 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
C000209348 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $486.9M
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
C000209348 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PERSHING LLC | $176.7M | 36.29% |
| TULLETT PREBON FINANCIAL SERVICES LLC | $121.4M | 24.94% |
| RBC CAPITAL MARKETS, LLC | $120.7M | 24.79% |
| J.P. MORGAN SECURITIES LLC | $20.3M | 4.17% |
| EUROCLEAR BANK SA/NV | $18.5M | 3.80% |
| BNY MELLON CAPITAL MARKETS, LLC | $14.1M | 2.90% |
| GOLDMAN, SACHS & CO. | $12.2M | 2.52% |
| CLEARSTREAM BANKING S.A. | $1.9M | 0.38% |
| CITIGROUP GLOBAL MARKETS INC. | $1.0M | 0.21% |
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.