SRTTX Fees and Costs — Series T
Data updated: 2020-05-29
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $670 in broker commissions, 0.0011% of average net assets, and portfolio turnover was 55%.
SRTTX Fees and Expenses
Annual operating expenses and sales charges of SRTTX. Prospectus, as of December 31, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| 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 |
SRTTX Costs Over Time
On $10,000 invested in SRTTX, assuming 5% a year before costs, total costs come to $1 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $1 |
| Value after costs | $10,500 | $11,576 | $12,762 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
SRTTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $670
- Bought from dealers (principal trades, not a cost): $41.4M
- Portfolio turnover (prospectus): 55%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $2K (0.003% of average net assets)
SRTTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $670 | 100.00% |
SRTTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $7.1M | 20.27% |
| BofA Securities, Inc. | $5.5M | 15.83% |
| Wells Fargo Securities, LLC | $5.2M | 14.78% |
| J.P. Morgan Securities LLC | $3.5M | 10.08% |
| Barclays Capital Inc. | $3.5M | 9.96% |
| Pershing LLC | $2.8M | 7.97% |
| Goldman Sachs & Co. LLC | $2.6M | 7.58% |
| Citigroup Global Markets Inc. | $2.0M | 5.70% |
| Credit Suisse Securities (USA) LLC | $1.5M | 4.34% |
| MUFG Securities Americas Inc. | $1.2M | 3.49% |
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.