PKTSX Fees and Costs — Invesco Peak RetirementTM Destination Fund, Class A
Data updated: 2023-03-15
The net expense ratio is 0.74% (4.15% before fee waivers). This share class carries a maximum front-end sales load of 5.50%. In fiscal 2022 the fund paid $1K in broker commissions, 0.0275% of average net assets, and portfolio turnover was 48%.
PKTSX Fees and Expenses
Annual operating expenses and sales charges of PKTSX. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.48% |
| Gross expense ratio | 4.15% |
| Fee waiver | −3.41% |
| Net expense ratio | 0.74% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 |
PKTSX Costs Over Time
On $10,000 invested in PKTSX, assuming 5% a year before costs, total costs come to $1,158 over 5 years, cutting the return by 1.98% 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 | $550 | $550 | $550 |
| Fund expenses (net expense ratio 0.74%) | $73 | $230 | $399 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $28 | $98 | $194 |
| Total costs | $654 | $887 | $1,158 |
| Value after costs | $9,846 | $10,690 | $11,605 |
| Impact on return, per year | 6.54% | 2.75% | 1.98% |
PKTSX 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): 0.0275%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $88K
- Net income from securities lending: $5K (0.100% of average net assets)
PKTSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET EXECUTION SERVICES, LLC | $506 | 39.46% |
| CITADEL SECURITIES LLC | $372 | 29.02% |
| FLOW TRADERS U.S. INSTITUTIONAL TRADING LLC | $196 | 15.29% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $150 | 11.73% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $56 | 4.33% |
| MORGAN STANLEY & CO. LLC | $2 | 0.17% |
| UBS SECURITIES LLC | $0 | 0.00% |
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.