STTGX Fees and Costs — Stadion Trilogy Alternative Return Fund, Class A
Data updated: 2021-08-13
The net expense ratio is 1.69% (1.95% before fee waivers). This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. In fiscal 2021 the fund paid $25K in broker commissions, 0.0512% of average net assets, and portfolio turnover was 21%.
STTGX Fees and Expenses
Annual operating expenses and sales charges of STTGX. Prospectus, as of September 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.39% |
| Gross expense ratio | 1.95% |
| Fee waiver | −0.26% |
| Net expense ratio | 1.69% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
STTGX Costs Over Time
On $10,000 invested in STTGX, assuming 5% a year before costs, total costs come to $1,745 over 5 years, cutting the return by 3.04% 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 | $672 | $575 | $575 |
| Fund expenses (net expense ratio 1.69%) | $167 | $518 | $891 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $29 | $117 | $252 |
| Total costs | $873 | $1,226 | $1,745 |
| Value after costs | $9,627 | $10,351 | $11,018 |
| Impact on return, per year | 8.73% | 3.84% | 3.04% |
STTGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0512%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): $3.2M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
STTGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $23K | 92.84% |
| J.P. MORGAN SECURITIES LLC | $2K | 7.16% |
STTGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $2.4M | 74.30% |
| JEFFERIES LLC | $814K | 25.70% |
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.