CTBAX Fees and Costs — Amundi Climate Transition Core Bond Fund, : Class A Shares
Data updated: 2024-12-20
The net expense ratio is 0.73%: a 0.35% management fee, a 0.25% 12b-1 fee plus 1.15% other expenses, less a 1.02% fee waiver. This share class carries a maximum front-end sales load of 4.50%. In fiscal 2024 the fund paid $1K in broker commissions, 0.0060% of average net assets, and portfolio turnover was 31%.
CTBAX Fees and Expenses
Annual operating expenses and sales charges of CTBAX. Prospectus, as of November 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.15% |
| Gross expense ratio | 1.75% |
| Fee waiver | −1.02% |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| 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 |
CTBAX Costs Over Time
On $10,000 invested in CTBAX, assuming 5% a year before costs, total costs come to $1,016 over 5 years, cutting the return by 1.73% 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 | $450 | $450 | $450 |
| Fund expenses (net expense ratio 0.73%) | $73 | $229 | $398 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $23 | $82 | $165 |
| Total costs | $546 | $763 | $1,016 |
| Value after costs | $9,954 | $10,813 | $11,747 |
| Impact on return, per year | 5.46% | 2.36% | 1.73% |
CTBAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0060%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $18.7M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
CTBAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $1K | 100.00% |
CTBAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO CAPITAL MARKETS CORP. | $2.8M | 18.79% |
| CitiGroup Global Markets Inc. | $2.4M | 15.97% |
| GOLDMAN SACHS & CO. LLC | $2.1M | 14.03% |
| J.P. Morgan Securities LLC | $1.8M | 12.37% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $1.1M | 7.30% |
| BNP PARIBAS SECURITIES CORP. | $1.1M | 7.15% |
| MORGAN STANLEY & CO. LLC | $1.1M | 7.11% |
| PERSHING LLC | $1.0M | 6.97% |
| BARCLAYS CAPITAL, INC. | $933K | 6.24% |
| RBC CAPITAL MARKETS LLC | $606K | 4.05% |
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.