GLTRX Fees and Costs — Invesco Global Targeted Returns Fund, Class R
Data updated: 2022-09-29
The net expense ratio is 1.69% (3.31% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 74%.
GLTRX Fees and Expenses
Annual operating expenses and sales charges of GLTRX. Prospectus, as of February 28, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 1.10% |
| 12b-1 fee | 0.50% |
| Other expenses | 1.67% |
| Gross expense ratio | 3.31% |
| Fee waiver | −1.62% |
| Net expense ratio | 1.69% |
| 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 |
GLTRX Costs Over Time
On $10,000 invested in GLTRX, assuming 5% a year before costs, total costs come to $1,043 over 5 years, cutting the return by 1.77% 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 1.69%) | $177 | $550 | $946 |
| Lost growth on money paid in costs | $0 | $27 | $96 |
| Total costs | $177 | $577 | $1,043 |
| Value after costs | $10,323 | $10,999 | $11,720 |
| Impact on return, per year | 1.77% | 1.77% | 1.77% |
GLTRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $42.5M
- Portfolio turnover (prospectus): 74%
- Securities lending: none during the year
GLTRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| HSBC SECURITIES (USA) INC. | $23.5M | 60.61% |
| CITIGROUP GLOBAL MARKETS INC. | $2.7M | 6.94% |
| BOFA SECURITIES, INC. | $2.6M | 6.58% |
| BARCLAYS CAPITAL INC. | $2.5M | 6.49% |
| GOLDMAN, SACHS & CO. | $2.2M | 5.70% |
| J.P. MORGAN SECURITIES LLC | $1.7M | 4.31% |
| CREDIT SUISSE SECURITIES (USA) LLC | $1.3M | 3.46% |
| MORGAN STANLEY & CO. LLC | $1.1M | 2.86% |
| BBVA SECURITIES INC. | $593K | 1.53% |
| RBC CAPITAL MARKETS, LLC | $586K | 1.51% |
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.