EFGIX Fees and Costs — Eaton Vance Focused Global Opportunities Fund, Class I
Data updated: 2023-10-25
The net expense ratio is 0.95%: a 0.80% management fee plus 1.86% other expenses, less a 1.71% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $1K in broker commissions, 0.0181% of average net assets, and portfolio turnover was 29%.
EFGIX Fees and Expenses
Annual operating expenses and sales charges of EFGIX. Prospectus, as of November 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.86% |
| Gross expense ratio | 2.66% |
| Fee waiver | −1.71% |
| Net expense ratio | 0.95% |
| 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 |
EFGIX Costs Over Time
On $10,000 invested in EFGIX, assuming 5% a year before costs, total costs come to $606 over 5 years, cutting the return by 1.02% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $333 | $606 |
| Value after costs | $10,398 | $11,243 | $12,157 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
EFGIX 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): 0.0181%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $6.4M
- Portfolio turnover (prospectus): 29%
- Securities lending: none during the year
EFGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $428 | 31.76% |
| Cowen and Company, LLC | $194 | 14.43% |
| Credit Suisse Securities (USA) LLC | $170 | 12.66% |
| UBS Securities LLC | $123 | 9.15% |
| Daiwa Capital Markets America Inc. | $99 | 7.38% |
| SMBC Nikko Securities America, Inc. | $91 | 6.78% |
| Citigroup Global Markets Inc. | $84 | 6.24% |
| Virtu Americas LLC | $71 | 5.28% |
| RBC Capital Markets, LLC | $44 | 3.27% |
| Goldman Sachs & Co. LLC | $41 | 3.04% |
EFGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $6.4M | 100.00% |
| UBS Securities LLC | $4 | 0.00% |
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.