GTICX Fees and Costs — abrdn Intermediate Municipal Income Fund, Class C
Data updated: 2025-09-25
The net expense ratio is 1.50%: a 0.43% management fee, a 1.00% 12b-1 fee plus 0.48% other expenses, less a 0.41% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 71%.
GTICX Fees and Expenses
Annual operating expenses and sales charges of GTICX. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.43% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.48% |
| Gross expense ratio | 1.91% |
| Fee waiver | −0.41% |
| Net expense ratio | 1.50% |
| 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 | Yes |
GTICX Costs Over Time
On $10,000 invested in GTICX, assuming 5% a year before costs, total costs come to $929 over 5 years, cutting the return by 1.57% 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 1.50%) | $158 | $489 | $843 |
| Lost growth on money paid in costs | $0 | $24 | $86 |
| Total costs | $261 | $513 | $929 |
| Value after costs | $10,239 | $11,063 | $11,834 |
| Impact on return, per year | 2.61% | 1.57% | 1.57% |
GTICX 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): $67.6M
- Portfolio turnover (prospectus): 71%
- Securities lending: none during the year
GTICX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $13.6M | 23.10% |
| J.P. Morgan Securities LLC | $11.1M | 18.86% |
| Goldman Sachs & Co. LLC | $10.1M | 17.11% |
| Barclays Capital Inc. | $6.6M | 11.18% |
| Truist Securities, Inc. | $6.0M | 10.16% |
| BofA Securities, Inc. | $3.9M | 6.66% |
| Morgan Stanley & Co. LLC | $2.3M | 3.86% |
| Northland Securities, Inc. | $2.0M | 3.40% |
| BNY Capital Markets, LLC | $1.7M | 2.86% |
| Wells Fargo Securities, LLC | $1.7M | 2.82% |
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.