DGISX Fees and Costs — Destra Granahan Small Cap Advantage Fund, Class I
Data updated: 2024-12-10
The net expense ratio is 1.50%: a 0.95% management fee plus 1.65% other expenses, less a 1.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $16K in broker commissions, 0.1163% of average net assets, and portfolio turnover was 60%.
DGISX Fees and Expenses
Annual operating expenses and sales charges of DGISX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.65% |
| Gross expense ratio | 2.60% |
| Fee waiver | −1.10% |
| Net expense ratio | 1.50% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| 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 |
DGISX Costs Over Time
On $10,000 invested in DGISX, assuming 5% a year before costs, total costs come to $999 over 5 years, cutting the return by 1.70% 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 1.50%) | $158 | $488 | $841 |
| Trading costs (broker commissions) | $12 | $38 | $65 |
| Lost growth on money paid in costs | $0 | $26 | $92 |
| Total costs | $170 | $552 | $999 |
| Value after costs | $10,330 | $11,024 | $11,764 |
| Impact on return, per year | 1.70% | 1.70% | 1.70% |
DGISX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1163%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $77K
- Portfolio turnover (prospectus): 60%
- Securities lending: none during the year
DGISX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $3K | 23.08% |
| J.P. MORGAN SECURITIES LLC | $2K | 14.72% |
| JEFFERIES LLC | $1K | 11.99% |
| LIQUIDNET, INC. | $1K | 11.59% |
| GOLDMAN SACHS & CO. LLC | $1K | 9.84% |
| DASH FINANCIAL TECHNOLOGIES LLC | $1K | 9.66% |
| TRUIST SECURITIES, INC. | $731 | 6.24% |
| ITG INC. | $575 | 4.91% |
| NEEDHAM & COMPANY, LLC | $492 | 4.20% |
| WILLIAM BLAIR & COMPANY L.L.C. | $442 | 3.77% |
DGISX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RAYMOND JAMES | $47K | 61.49% |
| GOLDMAN SACHS | $17K | 22.25% |
| MORGAN STANLEY & CO | $12K | 16.26% |
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.