MXGDX Fees and Costs — Great-West Core Strategies: Short Duration Bond Fund, Class L
Data updated: 2022-07-07
The net expense ratio is 0.85%: a 0.23% management fee, a 0.25% 12b-1 fee plus 0.47% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 193%.
MXGDX Fees and Expenses
Annual operating expenses and sales charges of MXGDX. Prospectus, as of August 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.47% |
| Gross expense ratio | 0.95% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.85% |
| 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 | Yes |
MXGDX Costs Over Time
On $10,000 invested in MXGDX, assuming 5% a year before costs, total costs come to $533 over 5 years, cutting the return by 0.89% 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 0.85%) | $89 | $279 | $484 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $293 | $533 |
| Value after costs | $10,411 | $11,284 | $12,230 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
MXGDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3.3M
- Portfolio turnover (prospectus): 193%
- Securities on loan, average value: $18K
- Net income from securities lending: $15 (0.000% of average net assets)
MXGDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $1.5M | 47.43% |
| BARCLAYS CAPITAL INC | $1.0M | 30.72% |
| MARKET AXESS INC | $212K | 6.48% |
| MORGAN STANLEY & CO LLC | $204K | 6.25% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC | $149K | 4.56% |
| J.P. MORGAN SECURITIES LLC | $149K | 4.56% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.