FIISX Fees and Costs — Delaware Global Equity Fund, Class A
Data updated: 2024-05-28
The net expense ratio is 1.16%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.20% other expenses, less a 0.14% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2023 the fund paid $92K in broker commissions, 0.0499% of average net assets, and portfolio turnover was 119%.
FIISX Fees and Expenses
Annual operating expenses and sales charges of FIISX. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.20% |
| Gross expense ratio | 1.30% |
| Fee waiver | −0.14% |
| Net expense ratio | 1.16% |
| 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 | No |
FIISX Costs Over Time
On $10,000 invested in FIISX, assuming 5% a year before costs, total costs come to $1,444 over 5 years, cutting the return by 2.49% 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 1.16%) | $115 | $357 | $618 |
| Trading costs (broker commissions) | $5 | $15 | $27 |
| Lost growth on money paid in costs | $29 | $109 | $224 |
| Total costs | $723 | $1,057 | $1,444 |
| Value after costs | $9,777 | $10,519 | $11,319 |
| Impact on return, per year | 7.23% | 3.30% | 2.49% |
FIISX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0499%
- Total broker commissions: $92K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 119%
- Securities lending: none during the year
FIISX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $63K | 74.61% |
| MORGAN STANLEY & CO. LLC | $5K | 5.66% |
| J.P. Morgan Securities LLC | $3K | 4.15% |
| GOLDMAN SACHS & CO. LLC | $3K | 3.14% |
| UBS Securities LLC | $3K | 3.11% |
| Jane Street Execution Services, LLC | $2K | 2.84% |
| BARCLAYS CAPITAL, INC. | $2K | 1.96% |
| EXANE, INC. | $2K | 1.91% |
| BOFA SECURITIES, INC. | $1K | 1.41% |
| JEFFERIES LLC | $1K | 1.20% |
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.