GTAMX Fees and Costs — Goldman Sachs Target Date 2040 Portfolio, Class A
Data updated: 2023-01-25
The net expense ratio is 0.67% (3.55% before fee waivers). This share class carries a maximum front-end sales load of 5.50%. In fiscal 2022 the fund paid $783 in broker commissions, 0.0074% of average net assets, and portfolio turnover was 18%.
GTAMX Fees and Expenses
Annual operating expenses and sales charges of GTAMX. 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 | 3.55% |
| Fee waiver | −2.88% |
| Net expense ratio | 0.67% |
| 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 |
GTAMX Costs Over Time
On $10,000 invested in GTAMX, assuming 5% a year before costs, total costs come to $1,105 over 5 years, cutting the return by 1.88% 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 0.67%) | $66 | $208 | $362 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $27 | $97 | $189 |
| Total costs | $645 | $858 | $1,105 |
| Value after costs | $9,855 | $10,719 | $11,658 |
| Impact on return, per year | 6.45% | 2.66% | 1.88% |
GTAMX 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): 0.0074%
- Total broker commissions: $783
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
GTAMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $352 | 45.10% |
| Jane Street Execution Services, LLC | $190 | 24.32% |
| J.P. Morgan Securities LLC | $66 | 8.48% |
| BofA Securities, Inc. | $55 | 7.01% |
| Citigroup Global Markets Inc. | $50 | 6.45% |
| UBS Securities LLC | $30 | 3.88% |
| Susquehanna Financial Group, LLLP | $15 | 1.89% |
| Flow Traders U.S. Institutional Trading LLC | $9 | 1.17% |
| Credit Suisse Securities (Europe) Limited | $7 | 0.92% |
| UBS AG | $6 | 0.77% |
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.