GTBIX Fees and Costs — Goldman Sachs Target Date 2060 Portfolio, Investor Shares
Data updated: 2023-01-25
The net expense ratio is 0.40% (2.83% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $634 in broker commissions, 0.0059% of average net assets, and portfolio turnover was 14%.
GTBIX Fees and Expenses
Annual operating expenses and sales charges of GTBIX. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.40% |
| Gross expense ratio | 2.83% |
| Fee waiver | −2.43% |
| Net expense ratio | 0.40% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
GTBIX Costs Over Time
On $10,000 invested in GTBIX, assuming 5% a year before costs, total costs come to $257 over 5 years, cutting the return by 0.43% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $43 | $140 | $257 |
| Value after costs | $10,457 | $11,436 | $12,506 |
| Impact on return, per year | 0.43% | 0.43% | 0.43% |
GTBIX 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): 0.0059%
- Total broker commissions: $634
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
GTBIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $313 | 49.66% |
| Jane Street Execution Services, LLC | $135 | 21.43% |
| BofA Securities, Inc. | $52 | 8.31% |
| Citigroup Global Markets Inc. | $41 | 6.46% |
| J.P. Morgan Securities LLC | $31 | 4.87% |
| UBS Securities LLC | $30 | 4.71% |
| Instinet, LLC | $11 | 1.80% |
| Credit Suisse Securities (Europe) Limited | $8 | 1.24% |
| UBS AG | $6 | 0.95% |
| Barclays Capital Inc. | $4 | 0.57% |
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.