GIZRX Fees and Costs — Invesco Global Infrastructure Fund, Class R
Data updated: 2025-03-28
The net expense ratio is 1.50%: a 0.84% management fee, a 0.50% 12b-1 fee plus 0.42% other expenses, less a 0.26% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $220K in broker commissions, 0.2274% of average net assets, and portfolio turnover was 193%.
GIZRX Fees and Expenses
Annual operating expenses and sales charges of GIZRX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.84% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.42% |
| Gross expense ratio | 1.76% |
| Fee waiver | −0.26% |
| Net expense ratio | 1.50% |
| 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 |
GIZRX Costs Over Time
On $10,000 invested in GIZRX, assuming 5% a year before costs, total costs come to $1,065 over 5 years, cutting the return by 1.81% 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 1.50%) | $158 | $488 | $839 |
| Trading costs (broker commissions) | $24 | $74 | $127 |
| Lost growth on money paid in costs | $0 | $28 | $98 |
| Total costs | $181 | $590 | $1,065 |
| Value after costs | $10,319 | $10,987 | $11,698 |
| Impact on return, per year | 1.81% | 1.81% | 1.81% |
GIZRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.2274%
- Total broker commissions: $220K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 193%
- Securities on loan, average value: $537K
- Net income from securities lending: $1K (0.001% of average net assets)
GIZRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $33K | 17.60% |
| GOLDMAN, SACHS & CO. | $26K | 13.71% |
| INVESCO CAPITAL MARKETS, INC. | $24K | 12.68% |
| MORGAN STANLEY & CO. LLC | $21K | 11.10% |
| CITIGROUP GLOBAL MARKETS INC. | $20K | 10.61% |
| UBS SECURITIES LLC | $16K | 8.77% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $16K | 8.73% |
| J.P. MORGAN SECURITIES LLC | $15K | 7.86% |
| BARCLAYS CAPITAL INC. | $12K | 6.19% |
| BNP PARIBAS SECURITIES CORP. | $5K | 2.73% |
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.