GTADX Fees and Costs — Goldman Sachs Target Date 2025 Portfolio, Class A
Data updated: 2023-01-25
The net expense ratio is 0.65% (3.53% before fee waivers). This share class carries a maximum front-end sales load of 5.50%. In fiscal 2022 the fund paid $728 in broker commissions, 0.0067% of average net assets, and portfolio turnover was 40%.
GTADX Fees and Expenses
Annual operating expenses and sales charges of GTADX. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.87% |
| Gross expense ratio | 3.53% |
| Fee waiver | −2.88% |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
GTADX Costs Over Time
On $10,000 invested in GTADX, assuming 5% a year before costs, total costs come to $1,093 over 5 years, cutting the return by 1.86% 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 | $550 | $550 | $550 |
| Fund expenses (net expense ratio 0.65%) | $64 | $202 | $352 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $27 | $97 | $188 |
| Total costs | $643 | $851 | $1,093 |
| Value after costs | $9,857 | $10,725 | $11,670 |
| Impact on return, per year | 6.43% | 2.64% | 1.86% |
GTADX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0067%
- Total broker commissions: $728
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
GTADX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $209 | 28.75% |
| Citadel Securities LLC | $187 | 25.76% |
| Citigroup Global Markets Inc. | $115 | 15.92% |
| J.P. Morgan Securities LLC | $95 | 13.15% |
| BofA Securities, Inc. | $56 | 7.75% |
| Susquehanna Financial Group, LLLP | $45 | 6.15% |
| Credit Suisse Securities (Europe) Limited | $7 | 0.91% |
| UBS AG | $5 | 0.66% |
| Barclays Capital Inc. | $4 | 0.58% |
| UBS Securities LLC | $3 | 0.38% |
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.