OGYIX Fees and Costs — Invesco High Yield Bond Factor Fund, Class R6
Data updated: 2024-01-29
The net expense ratio is 0.39%: a 0.37% management fee plus 0.78% other expenses, less a 0.77% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $11 in broker commissions, and portfolio turnover was 97%.
OGYIX Fees and Expenses
Annual operating expenses and sales charges of OGYIX. Prospectus, as of June 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.37% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.78% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.77% |
| Net expense ratio | 0.39% |
| 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 |
OGYIX Costs Over Time
On $10,000 invested in OGYIX, assuming 5% a year before costs, total costs come to $247 over 5 years, cutting the return by 0.41% 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 0.39%) | $41 | $129 | $224 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $135 | $247 |
| Value after costs | $10,459 | $11,441 | $12,516 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
OGYIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $11
- Bought from dealers (principal trades, not a cost): $82.6M
- Portfolio turnover (prospectus): 97%
- Securities on loan, average value: $431K
- Net income from securities lending: $1K (0.004% of average net assets)
OGYIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $11 | 100.00% |
OGYIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $38.5M | 47.36% |
| GOLDMAN, SACHS & CO. | $12.1M | 14.88% |
| BOFA SECURITIES, INC. | $11.7M | 14.33% |
| J.P. MORGAN SECURITIES LLC | $6.8M | 8.34% |
| MORGAN STANLEY & CO. LLC | $4.2M | 5.10% |
| PERSHING LLC | $4.0M | 4.86% |
| CITIGROUP GLOBAL MARKETS INC. | $2.5M | 3.03% |
| BARCLAYS CAPITAL INC. | $792K | 0.97% |
| WELLS FARGO SECURITIES, LLC | $488K | 0.60% |
| JANE STREET EXECUTION SERVICES, LLC | $426K | 0.52% |
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.