OSFIX Fees and Costs — Invesco Senior Floating Rate Plus Fund, Class R6
Data updated: 2021-04-29
The net expense ratio is 1.12%: a 0.79% management fee plus 0.95% other expenses, less a 0.62% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 71%.
OSFIX Fees and Expenses
Annual operating expenses and sales charges of OSFIX. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.79% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.95% |
| Gross expense ratio | 1.74% |
| Fee waiver | −0.62% |
| Net expense ratio | 1.12% |
| 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 |
OSFIX Costs Over Time
On $10,000 invested in OSFIX, assuming 5% a year before costs, total costs come to $699 over 5 years, cutting the return by 1.18% 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 1.12%) | $118 | $366 | $635 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $385 | $699 |
| Value after costs | $10,382 | $11,192 | $12,064 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
OSFIX 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
OSFIX 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.