SDVWX Fees and Costs — AIG Select Dividend Growth Fund, Class W
Data updated: 2021-06-29
The net expense ratio is 0.93%: a 0.75% management fee plus 1.44% other expenses, less a 1.26% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $13K in broker commissions, 0.0351% of average net assets, and portfolio turnover was 47%.
SDVWX Fees and Expenses
Annual operating expenses and sales charges of SDVWX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 1.44% |
| Gross expense ratio | 2.19% |
| Fee waiver | −1.26% |
| Net expense ratio | 0.93% |
| 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 | Yes |
SDVWX Costs Over Time
On $10,000 invested in SDVWX, assuming 5% a year before costs, total costs come to $604 over 5 years, cutting the return by 1.01% 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 0.93%) | $98 | $305 | $529 |
| Trading costs (broker commissions) | $4 | $12 | $20 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $332 | $604 |
| Value after costs | $10,399 | $11,244 | $12,159 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
SDVWX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0351%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $78.1M
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
SDVWX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $10K | 78.84% |
| Stifel, Nicolaus & Company, Incorporated | $2K | 16.03% |
| Virtu Itg LLC | $261 | 2.07% |
| J.P. Morgan Securities LLC | $204 | 1.62% |
| Industrial and Commercial Bank of China Financial Services LLC | $118 | 0.94% |
| National Financial Services LLC | $63 | 0.50% |
SDVWX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $78.1M | 100.00% |
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.