C000229105 Fees and Costs — Lincoln Hedged S&P 500 Conservative Fund, Service Class
Data updated: 2024-05-20
The net expense ratio is 1.04% (2.84% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $3K in broker commissions, 0.0478% of average net assets, and portfolio turnover was 36%.
C000229105 Fees and Expenses
Annual operating expenses and sales charges of C000229105. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.35% |
| Other expenses | 1.83% |
| Gross expense ratio | 2.84% |
| Fee waiver | −1.80% |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000229105 Costs Over Time
On $10,000 invested in C000229105, assuming 5% a year before costs, total costs come to $679 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 1.04%) | $109 | $340 | $590 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $114 | $374 | $679 |
| Value after costs | $10,386 | $11,203 | $12,084 |
| Impact on return, per year | 1.14% | 1.14% | 1.14% |
C000229105 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0478%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $7.3M
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
C000229105 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $3K | 100.00% |
C000229105 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $7.3M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.