DGRRX Fees and Costs — Delaware International Small Cap Fund, Class R6
Data updated: 2023-07-26
The net expense ratio is 1.00%: a 0.85% management fee plus 0.38% other expenses, less a 0.23% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $117K in broker commissions, 0.1388% of average net assets, and portfolio turnover was 53%.
DGRRX Fees and Expenses
Annual operating expenses and sales charges of DGRRX. Prospectus, as of November 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.38% |
| Gross expense ratio | 1.23% |
| Fee waiver | −0.23% |
| Net expense ratio | 1.00% |
| 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 |
DGRRX Costs Over Time
On $10,000 invested in DGRRX, assuming 5% a year before costs, total costs come to $710 over 5 years, cutting the return by 1.20% 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 1.00%) | $105 | $327 | $566 |
| Trading costs (broker commissions) | $15 | $45 | $79 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $120 | $391 | $710 |
| Value after costs | $10,380 | $11,185 | $12,052 |
| Impact on return, per year | 1.20% | 1.20% | 1.20% |
DGRRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1388%
- Total broker commissions: $117K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
DGRRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CREDIT SUISSE SECURITIES (USA) LLC | $15K | 14.77% |
| MORGAN STANLEY & CO. LLC | $13K | 12.71% |
| UBS Securities LLC | $13K | 12.58% |
| HSBC SECURITIES (USA) INC. | $12K | 12.24% |
| J.P. Morgan Securities LLC | $12K | 11.53% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $11K | 10.73% |
| BOFA SECURITIES, INC. | $10K | 10.20% |
| RBC CAPITAL MARKETS, LLC | $6K | 5.69% |
| LIQUIDNET, INC. | $5K | 5.35% |
| CitiGroup Global Markets Inc. | $4K | 4.19% |
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.