RLTAX Fees and Costs — RiverFront Asset Allocation Aggressive, Investor Shares
Data updated: 2022-01-14
The net expense ratio is 1.15%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $383 in broker commissions, 0.0014% of average net assets, and portfolio turnover was 22%.
RLTAX Fees and Expenses
Annual operating expenses and sales charges of RLTAX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.25% |
| Gross expense ratio | 1.15% |
| Fee waiver | — |
| Net expense ratio | 1.15% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RLTAX Costs Over Time
On $10,000 invested in RLTAX, assuming 5% a year before costs, total costs come to $718 over 5 years, cutting the return by 1.21% 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 1.15%) | $121 | $376 | $651 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $395 | $718 |
| Value after costs | $10,379 | $11,181 | $12,045 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
RLTAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0014%
- Total broker commissions: $383
- Bought from dealers (principal trades, not a cost): $657K
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
RLTAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WALLACHBETH CAPITAL LLC | $383 | 100.00% |
RLTAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WALLACHBETH CAPITAL LLC | $361K | 54.92% |
| JPMORGAN DISTRIBUTION SERVICES, INC. | $296K | 45.08% |
RiverFront Asset Allocation Aggressive Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RLFIX | Class I | 0.90% | none |
| RLTIX | Class L | 0.90% | — |
| RLAAX | Class A | 1.15% | 5.50% |
| RLTAX | Investor Shares | 1.15% | none |
| RLTSX | Investor Class II | 1.15% | — |
| RLTCX | Class C | 1.90% | none |
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.