ESMCX Fees and Costs — Invesco Global Small Cap Equity Fund, Class C
Data updated: 2026-09-01
The net expense ratio is 2.00%: a 0.85% management fee, a 1.00% 12b-1 fee plus 0.33% other expenses, less a 0.19% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $356K in broker commissions, 0.2025% of average net assets, and portfolio turnover was 147%.
ESMCX Fees and Expenses
Annual operating expenses and sales charges of ESMCX. Prospectus, as of September 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.33% |
| Gross expense ratio | 2.19% |
| Fee waiver | −0.19% |
| Net expense ratio | 2.00% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ESMCX Costs Over Time
On $10,000 invested in ESMCX, assuming 5% a year before costs, total costs come to $1,345 over 5 years, cutting the return by 2.31% 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 | $103 | $0 | $0 |
| Fund expenses (net expense ratio 2.00%) | $210 | $647 | $1,108 |
| Trading costs (broker commissions) | $21 | $66 | $112 |
| Lost growth on money paid in costs | $0 | $36 | $125 |
| Total costs | $334 | $748 | $1,345 |
| Value after costs | $10,166 | $10,828 | $11,418 |
| Impact on return, per year | 3.34% | 2.31% | 2.31% |
ESMCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.2025%
- Total broker commissions: $356K
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 147%
- Securities on loan, average value: $5.4M
- Net income from securities lending: $27K (0.015% of average net assets)
ESMCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| LIQUIDNET, INC. | $45K | 18.75% |
| MORGAN STANLEY & CO. LLC | $40K | 16.41% |
| UBS SECURITIES LLC | $33K | 13.60% |
| CITIGROUP GLOBAL MARKETS INC. | $30K | 12.35% |
| J.P. MORGAN SECURITIES LLC | $22K | 9.17% |
| GOLDMAN, SACHS & CO. | $21K | 8.62% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $15K | 6.29% |
| BNP PARIBAS SECURITIES CORP. | $15K | 6.03% |
| BERENBERG CAPITAL MARKETS LLC | $12K | 4.92% |
| JEFFERIES LLC | $9K | 3.86% |
ESMCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $864K | 76.04% |
| Piper Sandler & Co. | $272K | 23.96% |
Invesco Global Small Cap Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ESMSX | Class R6 | 0.89% | none |
| ESMYX | Class Y | 1.00% | none |
| ESMAX | Class A | 1.25% | 5.50% |
| ESMCX | Class C | 2.00% | none |
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.