GMSEX Fees and Costs — Invesco Macro Allocation Strategy Fund, Class C
Data updated: 2025-04-01
The net expense ratio is 2.22% (2.51% before fee waivers). This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 76%.
GMSEX Fees and Expenses
Annual operating expenses and sales charges of GMSEX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.10% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.33% |
| Gross expense ratio | 2.51% |
| Fee waiver | −0.29% |
| Net expense ratio | 2.22% |
| 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 |
GMSEX Costs Over Time
On $10,000 invested in GMSEX, assuming 5% a year before costs, total costs come to $1,355 over 5 years, cutting the return by 2.33% 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 2.22%) | $233 | $718 | $1,229 |
| Lost growth on money paid in costs | $0 | $36 | $126 |
| Total costs | $336 | $754 | $1,355 |
| Value after costs | $10,164 | $10,822 | $11,408 |
| Impact on return, per year | 3.36% | 2.33% | 2.33% |
GMSEX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $762.9M
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $262K
- Net income from securities lending: $11K (0.007% of average net assets)
GMSEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $715.8M | 93.84% |
| CITIGROUP GLOBAL MARKETS INC. | $47.0M | 6.16% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.