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Strategies & Market Trends : Dividend investing for retirement

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To: Elroy who wrote (3486)1/25/2010 9:00:21 PM
From: Steve Felix  Read Replies (1) of 34328
 
"and potentially make lots of money" Potentially for investors, guaranteed for the funds.

At a friends, talking about dividends, he told me he was invested in a dividend fund. AIM Diversified Dividend A | LCEAX

When I got home I had to look it up.

invescoaim.com

Expense ratio for the class A shares he owns is 1.01%.

Everything I wanted to see was on page 12.

Dividends: 37,727,065.

Total expenses: 12,438,224.

Fully 31% of their income went to fees and expenses. Advisory fees alone were 16.8% of income.

Puts their 1.01% expense ratio in a new light.
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