HBGLX Fees and Costs — Hartford Global Growth Hls Fund, Class IB
Data updated: 2020-08-25
The net expense ratio is 1.05%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $173K in broker commissions, 0.0345% of average net assets, and portfolio turnover was 49%.
HBGLX Fees and Expenses
Annual operating expenses and sales charges of HBGLX. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.05% |
| Gross expense ratio | 1.05% |
| Fee waiver | — |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
HBGLX Costs Over Time
On $10,000 invested in HBGLX, assuming 5% a year before costs, total costs come to $677 over 5 years, cutting the return by 1.14% 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 1.05%) | $110 | $344 | $595 |
| Trading costs (broker commissions) | $4 | $11 | $20 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $114 | $373 | $677 |
| Value after costs | $10,386 | $11,204 | $12,086 |
| Impact on return, per year | 1.14% | 1.14% | 1.14% |
HBGLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0345%
- Total broker commissions: $173K
- Bought from dealers (principal trades, not a cost): $239.0M
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $2.5M
- Net income from securities lending: $57K (0.011% of average net assets)
HBGLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $26K | 19.15% |
| Goldman Sachs & Co. LLC | $22K | 16.32% |
| J.P. Morgan Securities LLC | $21K | 15.52% |
| BofA Securities, Inc. | $14K | 10.61% |
| Credit Suisse Securities (USA) LLC | $12K | 8.47% |
| UBS Securities LLC | $12K | 8.46% |
| Societe Generale | $10K | 7.67% |
| Sanford C. Bernstein & Co., LLC | $7K | 5.00% |
| Citigroup Global Markets Inc. | $7K | 4.82% |
| RBC Capital Markets, LLC | $5K | 3.98% |
HBGLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $232.3M | 97.17% |
| Morgan Stanley & Co. LLC | $3.8M | 1.59% |
| Goldman Sachs & Co. LLC | $3.0M | 1.24% |
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.