EHGIX Fees and Costs — Eaton Vance Hexavest Global Equity Fund, Class I
Data updated: 2021-03-24
The net expense ratio is 0.91% (1.47% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $37K in broker commissions, 0.1180% of average net assets, and portfolio turnover was 86%.
EHGIX Fees and Expenses
Annual operating expenses and sales charges of EHGIX. Prospectus, as of July 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 1.47% |
| Fee waiver | −0.56% |
| Net expense ratio | 0.91% |
| 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 |
EHGIX Costs Over Time
On $10,000 invested in EHGIX, assuming 5% a year before costs, total costs come to $643 over 5 years, cutting the return by 1.08% 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 0.91%) | $96 | $298 | $517 |
| Trading costs (broker commissions) | $12 | $39 | $67 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $353 | $643 |
| Value after costs | $10,392 | $11,223 | $12,120 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
EHGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1180%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): $59.7M
- Portfolio turnover (prospectus): 86%
- Securities on loan, average value: $331K
- Net income from securities lending: $1K (0.004% of average net assets)
EHGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $6K | 22.01% |
| Banque Pictet & Cie SA | $4K | 14.51% |
| Goldman Sachs & Co. LLC | $4K | 12.89% |
| J.P. Morgan Securities LLC | $3K | 11.20% |
| UBS Securities LLC | $3K | 9.44% |
| Bofa Securities, Inc. | $2K | 7.69% |
| Virtu Itg LLC | $2K | 7.34% |
| Morgan Stanley & Co. LLC | $2K | 6.97% |
| CIBC World Markets Corp. | $1K | 4.02% |
| Credit Suisse Securities (USA) LLC | $1K | 3.93% |
EHGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $19.8M | 34.21% |
| J.P. Morgan Securities LLC | $8.1M | 13.98% |
| Goldman Sachs & Co. LLC | $7.1M | 12.21% |
| UBS Securities LLC | $7.0M | 12.00% |
| Morgan Stanley & Co. LLC | $4.3M | 7.45% |
| Credit Suisse Securities (USA) LLC | $3.7M | 6.39% |
| CIBC World Markets Corp. | $3.0M | 5.13% |
| RBC Capital Markets, LLC | $1.8M | 3.14% |
| Macquarie Capital (USA) Inc. | $1.8M | 3.08% |
| Scotia Capital (USA) Inc. | $1.4M | 2.40% |
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.