TAACX Fees and Costs — American Funds College 2021 Fund, Class 529-T
Data updated: 2021-06-25
The net expense ratio is 0.72%. This share class carries a maximum front-end sales load of 2.50%. Portfolio turnover was 11%.
TAACX Fees and Expenses
Annual operating expenses and sales charges of TAACX. Prospectus, as of October 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.72% |
| Fee waiver | — |
| Net expense ratio | 0.72% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TAACX Costs Over Time
On $10,000 invested in TAACX, assuming 5% a year before costs, total costs come to $761 over 5 years, cutting the return by 1.28% 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 | $250 | $250 | $250 |
| Fund expenses (net expense ratio 0.72%) | $74 | $231 | $401 |
| Lost growth on money paid in costs | $12 | $51 | $109 |
| Total costs | $336 | $531 | $761 |
| Value after costs | $10,164 | $11,045 | $12,002 |
| Impact on return, per year | 3.36% | 1.63% | 1.28% |
TAACX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.