QDVAX Fees and Costs — Quality Dividend Fund, Class A
Data updated: 2025-03-25
The net expense ratio is 1.24% (1.57% before fee waivers). This share class carries a maximum front-end sales load of 5.75%, a deferred sales charge of up to 1.00% and a redemption fee of 1.00%. In fiscal 2024 the fund paid $5K in broker commissions, 0.0093% of average net assets, and portfolio turnover was 21%.
QDVAX Fees and Expenses
Annual operating expenses and sales charges of QDVAX. Prospectus, as of August 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.72% |
| Gross expense ratio | 1.57% |
| Fee waiver | −0.33% |
| Net expense ratio | 1.24% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 1.00% |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
QDVAX Costs Over Time
On $10,000 invested in QDVAX, assuming 5% a year before costs, total costs come to $1,467 over 5 years, cutting the return by 2.53% 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 | $673 | $575 | $575 |
| Fund expenses (net expense ratio 1.24%) | $123 | $382 | $661 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $29 | $110 | $226 |
| Total costs | $825 | $1,069 | $1,467 |
| Value after costs | $9,675 | $10,507 | $11,296 |
| Impact on return, per year | 8.25% | 3.34% | 2.53% |
QDVAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0093%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
QDVAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $3K | 68.43% |
| VIRTU AMERICAS LLC | $2K | 31.57% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.