TLGUX Fees and Costs — Large Cap Equity Fund
Data updated: 2025-01-28
The net expense ratio is 0.47%: a 0.60% management fee plus 0.10% other expenses, less a 0.23% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $177K in broker commissions, 0.0081% of average net assets, and portfolio turnover was 76%.
TLGUX Fees and Expenses
Annual operating expenses and sales charges of TLGUX. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.70% |
| Fee waiver | −0.23% |
| Net expense ratio | 0.47% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
TLGUX Costs Over Time
On $10,000 invested in TLGUX, assuming 5% a year before costs, total costs come to $302 over 5 years, cutting the return by 0.50% 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 0.47%) | $49 | $155 | $270 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $50 | $165 | $302 |
| Value after costs | $10,450 | $11,411 | $12,461 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
TLGUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0081%
- Total broker commissions: $177K
- Bought from dealers (principal trades, not a cost): $1.4M
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $2.2M
- Net income from securities lending: $46K (0.002% of average net assets)
TLGUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $54K | 42.59% |
| Goldman Sachs & Co, LLC | $13K | 9.86% |
| PIPER JAFFRAY & CO. | $11K | 8.58% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $10K | 7.64% |
| BARCLAYS CAPITAL INC. | $8K | 5.88% |
| CANACCORD GENUITY WEALTH MANAGEMENT (USA) INC. | $7K | 5.68% |
| ROYAL BANK OF CANADA | $7K | 5.65% |
| UBS Securities LLC | $6K | 5.04% |
| Jefferies LLC | $6K | 4.96% |
| STATE STREET GLOBAL MARKETS, LLC | $5K | 4.11% |
TLGUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STEPHENS INC | $1.3M | 98.05% |
| BNP Paribas Securities Corp. | $8K | 0.56% |
| BARCLAYS CAPITAL INC. | $6K | 0.43% |
| UBS Securities LLC | $4K | 0.32% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $4K | 0.31% |
| BROWN BROTHERS HARRIMAN INVESTMENTS, LLC | $4K | 0.26% |
| Goldman Sachs & Co, LLC | $1K | 0.08% |
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.