SBIAX Fees and Costs — Sterling Capital Behavioral International Equity Fund, Class A
Data updated: 2025-02-28
The net expense ratio is 0.93%: a 0.40% management fee, a 0.25% 12b-1 fee plus 0.28% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2024 the fund paid $118K in broker commissions, 0.0918% of average net assets, and portfolio turnover was 86%.
SBIAX Fees and Expenses
Annual operating expenses and sales charges of SBIAX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.28% |
| Gross expense ratio | 0.93% |
| Fee waiver | — |
| Net expense ratio | 0.93% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
SBIAX Costs Over Time
On $10,000 invested in SBIAX, assuming 5% a year before costs, total costs come to $1,336 over 5 years, cutting the return by 2.30% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.93%) | $92 | $287 | $498 |
| Trading costs (broker commissions) | $9 | $28 | $49 |
| Lost growth on money paid in costs | $29 | $106 | $214 |
| Total costs | $705 | $997 | $1,336 |
| Value after costs | $9,795 | $10,580 | $11,427 |
| Impact on return, per year | 7.05% | 3.10% | 2.30% |
SBIAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0918%
- Total broker commissions: $118K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 86%
- Securities lending: none during the year
SBIAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $118K | 100.00% |
SBIAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.