OSFCX Fees and Costs — Invesco Senior Floating Rate Plus Fund, Class C
Data updated: 2021-04-29
The net expense ratio is 2.29%: a 0.79% management fee, a 1.00% 12b-1 fee plus 1.05% other expenses, less a 0.55% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 71%.
OSFCX Fees and Expenses
Annual operating expenses and sales charges of OSFCX. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.79% |
| 12b-1 fee | 1.00% |
| Other expenses | 1.05% |
| Gross expense ratio | 2.84% |
| Fee waiver | −0.55% |
| Net expense ratio | 2.29% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
OSFCX Costs Over Time
On $10,000 invested in OSFCX, assuming 5% a year before costs, total costs come to $1,396 over 5 years, cutting the return by 2.40% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 2.29%) | $240 | $740 | $1,266 |
| Lost growth on money paid in costs | $0 | $37 | $130 |
| Total costs | $343 | $777 | $1,396 |
| Value after costs | $10,157 | $10,799 | $11,367 |
| Impact on return, per year | 3.43% | 2.40% | 2.40% |
OSFCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $51.9M
- Portfolio turnover (prospectus): 71%
- Securities lending: none during the year
OSFCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $11.2M | 23.45% |
| CITIGROUP GLOBAL MARKETS INC. | $6.6M | 13.94% |
| BARCLAYS CAPITAL INC. | $5.9M | 12.48% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $5.7M | 11.91% |
| CREDIT SUISSE SECURITIES (USA) LLC | $4.6M | 9.63% |
| MORGAN STANLEY & CO. LLC | $4.3M | 8.99% |
| GOLDMAN, SACHS & CO. | $4.2M | 8.87% |
| WELLS FARGO SECURITIES, LLC | $1.8M | 3.88% |
| DEUTSCHE BANK SECURITIES INC. | $1.8M | 3.73% |
| JEFFERIES LLC | $1.5M | 3.11% |
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.