CPRFX Fees and Costs — Camelot Premium Return Fund, Class A
Data updated: 2020-08-28
The net expense ratio is 5.38% (5.55% before fee waivers). This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. In fiscal 2019 the fund paid $18K in broker commissions, 0.0396% of average net assets, and portfolio turnover was 221%.
CPRFX Fees and Expenses
Annual operating expenses and sales charges of CPRFX. Prospectus, as of January 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.25% |
| Gross expense ratio | 5.55% |
| Fee waiver | −0.17% |
| Net expense ratio | 5.38% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 1.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
CPRFX Costs Over Time
On $10,000 invested in CPRFX, assuming 5% a year before costs, total costs come to $3,659 over 5 years, cutting the return by 6.86% 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 | $669 | $575 | $575 |
| Fund expenses (net expense ratio 5.38%) | $532 | $1,586 | $2,626 |
| Trading costs (broker commissions) | $4 | $12 | $19 |
| Lost growth on money paid in costs | $29 | $172 | $439 |
| Total costs | $1,234 | $2,345 | $3,659 |
| Value after costs | $9,266 | $9,231 | $9,104 |
| Impact on return, per year | 12.34% | 7.63% | 6.86% |
CPRFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0396%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $67.0M
- Portfolio turnover (prospectus): 221%
- Securities on loan, average value: $4.7M
- Net income from securities lending: $46K (0.101% of average net assets)
CPRFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers | $17K | 96.20% |
| Wallachbeth | $430 | 2.42% |
| US Bancorp | $245 | 1.38% |
CPRFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers | $59.1M | 88.26% |
| National Alliance | $5.0M | 7.53% |
| Bloomberg | $1.7M | 2.55% |
| JP Morgan Chase | $1.1M | 1.66% |
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.