PKREX Fees and Costs — Invesco Peak RetirementTM 2065 Fund, Class R5
Data updated: 2023-03-15
The net expense ratio is 0.49% (3.98% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $2K in broker commissions, 0.0249% of average net assets, and portfolio turnover was 37%.
PKREX Fees and Expenses
Annual operating expenses and sales charges of PKREX. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.59% |
| Gross expense ratio | 3.98% |
| Fee waiver | −3.49% |
| Net expense ratio | 0.49% |
| 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 |
PKREX Costs Over Time
On $10,000 invested in PKREX, assuming 5% a year before costs, total costs come to $325 over 5 years, cutting the return by 0.54% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $178 | $325 |
| Value after costs | $10,446 | $11,398 | $12,438 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
PKREX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0249%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $0
- Net income from securities lending: $197 (0.003% of average net assets)
PKREX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES LLC | $832 | 53.17% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $315 | 20.14% |
| JANE STREET EXECUTION SERVICES, LLC | $189 | 12.06% |
| FLOW TRADERS U.S. INSTITUTIONAL TRADING LLC | $163 | 10.44% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $66 | 4.19% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.