GLLRX Fees and Costs — AllianzGI Retirement 2055 Fund, Class R
Data updated: 2020-08-24
The net expense ratio is 1.29%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $2K in broker commissions, 0.0100% of average net assets, and portfolio turnover was 51%.
GLLRX Fees and Expenses
Annual operating expenses and sales charges of GLLRX. Prospectus, as of September 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.05% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.29% |
| Fee waiver | — |
| Net expense ratio | 1.29% |
| 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 | Yes |
GLLRX Costs Over Time
On $10,000 invested in GLLRX, assuming 5% a year before costs, total costs come to $808 over 5 years, cutting the return by 1.36% 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 1.29%) | $135 | $421 | $728 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $136 | $446 | $808 |
| Value after costs | $10,364 | $11,131 | $11,955 |
| Impact on return, per year | 1.36% | 1.36% | 1.36% |
GLLRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0100%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $88.9M
- Portfolio turnover (prospectus): 51%
- Securities lending: none during the year
GLLRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $2K | 100.00% |
GLLRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $88.3M | 99.34% |
| Nomura Securities International, Inc. | $230K | 0.26% |
| JPMorgan Chase & Co. | $229K | 0.26% |
| Jane Street Execution Services, LLC | $130K | 0.15% |
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.