CGEIX Fees and Costs — Calvert Global Real Estate Fund, Class I
Data updated: 2024-11-27
The net expense ratio is 0.85%: a 0.82% management fee plus 4.31% other expenses, less a 4.28% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $4K in broker commissions, 0.0819% of average net assets, and portfolio turnover was 65%.
CGEIX Fees and Expenses
Annual operating expenses and sales charges of CGEIX. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.82% |
| 12b-1 fee | 0.00% |
| Other expenses | 4.31% |
| Gross expense ratio | 5.13% |
| Fee waiver | −4.28% |
| Net expense ratio | 0.85% |
| 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 |
CGEIX Costs Over Time
On $10,000 invested in CGEIX, assuming 5% a year before costs, total costs come to $584 over 5 years, cutting the return by 0.98% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $98 | $321 | $584 |
| Value after costs | $10,402 | $11,256 | $12,179 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
CGEIX 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): 0.0819%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $2.4M
- Portfolio turnover (prospectus): 65%
- Securities lending: none during the year
CGEIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $870 | 28.71% |
| BofA Securities, Inc. | $638 | 21.05% |
| J.P. Morgan Securities LLC | $497 | 16.39% |
| Goldman Sachs & Co. LLC | $269 | 8.88% |
| Cantor Fitzgerald & Co. | $149 | 4.91% |
| Barclays Capital Inc. | $144 | 4.74% |
| UBS Securities LLC | $137 | 4.52% |
| Citigroup Global Markets Inc. | $120 | 3.97% |
| Virtu Americas LLC | $112 | 3.70% |
| RBC Capital Markets, LLC | $95 | 3.14% |
CGEIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $2.3M | 97.56% |
| J.P. Morgan Securities LLC | $20K | 0.86% |
| Mizuho Securities USA LLC | $15K | 0.63% |
| Van Lanschot Kempen (Usa) Inc. | $14K | 0.57% |
| Numis Securities Inc. | $7K | 0.28% |
| SG Americas Securities, LLC | $2K | 0.10% |
| Virtu Americas LLC | $16 | 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.