JIEIX Fees and Costs — abrdn Emerging Markets Dividend Fund, Institutional Class
Data updated: 2025-04-01
The net expense ratio is 0.90%: a 0.75% management fee plus 0.59% other expenses, less a 0.44% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $65K in broker commissions, 0.0815% of average net assets, and portfolio turnover was 23%.
JIEIX Fees and Expenses
Annual operating expenses and sales charges of JIEIX. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.59% |
| Gross expense ratio | 1.34% |
| Fee waiver | −0.44% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
JIEIX Costs Over Time
On $10,000 invested in JIEIX, assuming 5% a year before costs, total costs come to $614 over 5 years, cutting the return by 1.03% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $9 | $27 | $46 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $338 | $614 |
| Value after costs | $10,397 | $11,239 | $12,149 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
JIEIX 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): 0.0815%
- Total broker commissions: $65K
- Bought from dealers (principal trades, not a cost): $63.8M
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
JIEIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $31K | 54.15% |
| Citigroup Global Markets Inc. | $7K | 11.77% |
| Goldman Sachs & Co. LLC | $4K | 7.41% |
| HSBC Securities (USA) Inc. | $4K | 6.64% |
| J.P. Morgan Securities LLC | $3K | 4.83% |
| CICC US Securities, Inc. | $3K | 4.55% |
| BofA Securities, Inc. | $2K | 3.15% |
| CLSA Americas, LLC | $2K | 3.13% |
| Macquarie Capital (USA) Inc. | $1K | 2.18% |
| BTG Pactual US Capital, LLC | $1K | 2.18% |
JIEIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $63.6M | 99.66% |
| BofA Securities, Inc. | $215K | 0.34% |
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.