LFLIX Fees and Costs — BrandywineGLOBAL - Flexible Bond Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.72%: a 0.55% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $22K in broker commissions, 0.0045% of average net assets, and portfolio turnover was 60%.
LFLIX Fees and Expenses
Annual operating expenses and sales charges of LFLIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.72% |
| Fee waiver | — |
| Net expense ratio | 0.72% |
| 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 | No |
LFLIX Costs Over Time
On $10,000 invested in LFLIX, assuming 5% a year before costs, total costs come to $456 over 5 years, cutting the return by 0.76% 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 0.72%) | $76 | $237 | $411 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $76 | $250 | $456 |
| Value after costs | $10,424 | $11,326 | $12,307 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
LFLIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0045%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): $568.2M
- Portfolio turnover (prospectus): 60%
- Securities lending: none during the year
LFLIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $13K | 59.54% |
| MORGAN STANLEY & CO. LLC | $8K | 37.13% |
| GOLDMAN SACHS & CO. LLC | $722 | 3.33% |
LFLIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $126.7M | 29.04% |
| BOFA SECURITIES, INC. | $82.3M | 18.86% |
| BARCLAYS CAPITAL, INC. | $45.0M | 10.32% |
| HSBC SECURITIES (USA), INC. | $38.1M | 8.74% |
| MORGAN STANLEY & CO. LLC | $30.5M | 6.99% |
| CitiGroup Global Markets Inc. | $26.6M | 6.10% |
| DEUTSCHE BANK SECURITIES, INC. | $24.2M | 5.55% |
| GOLDMAN SACHS & CO. LLC | $23.1M | 5.28% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $20.3M | 4.65% |
| SANTANDER SECURITIES, LLC | $19.5M | 4.46% |
BrandywineGLOBAL - Flexible Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LFLSX | Class IS | 0.64% | none |
| LFLIX | Class I | 0.72% | none |
| LFLAX | Class A | 0.96% | 3.75% |
| LFLCX | Class C | 1.74% | none |
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.