EDFCX Fees and Costs — AIG ESG Dividend Fund, Class C
Data updated: 2021-06-29
The net expense ratio is 1.13%: a 0.75% management fee, a 0.35% 12b-1 fee plus 0.86% other expenses, less a 0.83% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2020 the fund paid $19K in broker commissions, 0.0617% of average net assets, and portfolio turnover was 70%.
EDFCX Fees and Expenses
Annual operating expenses and sales charges of EDFCX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.35% |
| Other expenses | 0.86% |
| Gross expense ratio | 1.96% |
| Fee waiver | −0.83% |
| Net expense ratio | 1.13% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 | Yes |
EDFCX Costs Over Time
On $10,000 invested in EDFCX, assuming 5% a year before costs, total costs come to $1,434 over 5 years, cutting the return by 2.47% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.13%) | $112 | $348 | $603 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $29 | $109 | $223 |
| Total costs | $722 | $1,051 | $1,434 |
| Value after costs | $9,778 | $10,525 | $11,329 |
| Impact on return, per year | 7.22% | 3.28% | 2.47% |
EDFCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0617%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): $173.3M
- Portfolio turnover (prospectus): 70%
- Securities lending: none during the year
EDFCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $11K | 57.58% |
| Stifel, Nicolaus & Company, Incorporated | $4K | 18.65% |
| National Financial Services LLC | $2K | 10.54% |
| BofA Securities, Inc. | $1K | 5.37% |
| UBS Securities LLC | $824 | 4.32% |
| J.P. Morgan Securities LLC | $417 | 2.19% |
| Virtu Itg LLC | $256 | 1.34% |
EDFCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $173.3M | 100.00% |
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.