GTVIX Fees and Costs — Goldman Sachs Target Date 2055 Portfolio, Service Shares
Data updated: 2023-01-25
The net expense ratio is 0.77% (3.72% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $570 in broker commissions, 0.0061% of average net assets, and portfolio turnover was 12%.
GTVIX Fees and Expenses
Annual operating expenses and sales charges of GTVIX. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.04% |
| Gross expense ratio | 3.72% |
| Fee waiver | −2.95% |
| Net expense ratio | 0.77% |
| 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 |
GTVIX Costs Over Time
On $10,000 invested in GTVIX, assuming 5% a year before costs, total costs come to $488 over 5 years, cutting the return by 0.81% 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 0.77%) | $81 | $253 | $440 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $81 | $267 | $488 |
| Value after costs | $10,419 | $11,309 | $12,275 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
GTVIX 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): 0.0061%
- Total broker commissions: $570
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
GTVIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $252 | 44.31% |
| Jane Street Execution Services, LLC | $117 | 20.57% |
| Citigroup Global Markets Inc. | $77 | 13.60% |
| J.P. Morgan Securities LLC | $53 | 9.35% |
| BofA Securities, Inc. | $45 | 7.85% |
| UBS Securities LLC | $9 | 1.61% |
| Credit Suisse Securities (Europe) Limited | $5 | 0.95% |
| UBS AG | $5 | 0.84% |
| Susquehanna Financial Group, LLLP | $3 | 0.49% |
| Barclays Capital Inc. | $2 | 0.42% |
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.