HMIFX Fees and Costs — Hartford Multifactor International Fund, Class F
Data updated: 2021-11-26
The net expense ratio is 0.34%: a 0.29% management fee plus 7.53% other expenses, less a 7.48% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $800 in broker commissions, 0.0269% of average net assets, and portfolio turnover was 61%.
HMIFX Fees and Expenses
Annual operating expenses and sales charges of HMIFX. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | 0.00% |
| Other expenses | 7.53% |
| Gross expense ratio | 7.82% |
| Fee waiver | −7.48% |
| Net expense ratio | 0.34% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
HMIFX Costs Over Time
On $10,000 invested in HMIFX, assuming 5% a year before costs, total costs come to $232 over 5 years, cutting the return by 0.39% 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 0.34%) | $36 | $112 | $196 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $39 | $127 | $232 |
| Value after costs | $10,461 | $11,449 | $12,530 |
| Impact on return, per year | 0.39% | 0.39% | 0.39% |
HMIFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0269%
- Total broker commissions: $800
- Bought from dealers (principal trades, not a cost): $601K
- Portfolio turnover (prospectus): 61%
- Securities on loan, average value: $24K
- Net income from securities lending: $511 (0.017% of average net assets)
HMIFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $408 | 51.72% |
| Goldman Sachs & Co. LLC | $229 | 29.01% |
| HSBC Securities (USA) Inc. | $30 | 3.83% |
| Societe Generale | $26 | 3.35% |
| J.P. Morgan Securities LLC | $23 | 2.97% |
| Citigroup Global Markets Inc. | $16 | 2.01% |
| CLSA Americas, LLC | $16 | 1.99% |
| UBS Securities LLC | $15 | 1.85% |
| Macquarie Capital (USA) Inc. | $13 | 1.65% |
| Credit Suisse Securities (USA) LLC | $13 | 1.60% |
HMIFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $601K | 100.00% |
| CLSA Americas, LLC | $8 | 0.00% |
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.