GNDIX Fees and Costs — Invesco Income Advantage International Fund, Class R5
Data updated: 2025-03-17
The net expense ratio is 1.04% (1.35% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 49%.
GNDIX Fees and Expenses
Annual operating expenses and sales charges of GNDIX. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.56% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.31% |
| Net expense ratio | 1.04% |
| 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 |
GNDIX Costs Over Time
On $10,000 invested in GNDIX, assuming 5% a year before costs, total costs come to $650 over 5 years, cutting the return by 1.09% 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 1.04%) | $109 | $341 | $590 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $357 | $650 |
| Value after costs | $10,391 | $11,219 | $12,113 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
GNDIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $30.6M
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $708K
- Net income from securities lending: $681 (0.001% of average net assets)
GNDIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| EUROCLEAR BANK SA/NV | $10.9M | 35.78% |
| UBS SECURITIES LLC | $4.6M | 15.18% |
| CITIGROUP GLOBAL MARKETS INC. | $4.1M | 13.48% |
| CLEARSTREAM BANKING S.A. | $3.4M | 11.26% |
| RBC CAPITAL MARKETS, LLC | $3.2M | 10.30% |
| MIZUHO SECURITIES USA LLC | $2.4M | 7.81% |
| BNP PARIBAS SECURITIES CORP. | $1.9M | 6.19% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.