ACLDX Fees and Costs — NT Diversified Bond Fund, G Class
Data updated: 2022-06-07
The net expense ratio is 0.01%: a 0.34% management fee plus 0.01% other expenses, less a 0.34% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $298K in broker commissions, 0.0061% of average net assets, and portfolio turnover was 217%.
ACLDX Fees and Expenses
Annual operating expenses and sales charges of ACLDX. Prospectus, as of July 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.34% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.35% |
| Fee waiver | −0.34% |
| Net expense ratio | 0.01% |
| 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 |
ACLDX Costs Over Time
On $10,000 invested in ACLDX, assuming 5% a year before costs, total costs come to $10 over 5 years, cutting the return by 0.02% 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 0.01%) | $1 | $3 | $6 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $6 | $10 |
| Value after costs | $10,498 | $11,571 | $12,753 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
ACLDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0061%
- Total broker commissions: $298K
- Bought from dealers (principal trades, not a cost): $56.3B
- Portfolio turnover (prospectus): 217%
- Securities lending: none during the year
ACLDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bank of America Merrill Lynch | $277K | 92.92% |
| Virtu Financial LLC | $8K | 2.63% |
| Jane Street Group LLC | $7K | 2.28% |
| Morgan Stanley | $6K | 2.16% |
ACLDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Credit Lyonnais | $20.1B | 40.06% |
| Barclays Capital | $7.8B | 15.54% |
| J.P. Morgan Securities | $7.7B | 15.40% |
| State Street Global Markets | $3.8B | 7.56% |
| BMO Capital Markets | $2.3B | 4.51% |
| BNP Paribas Securities | $2.1B | 4.20% |
| Bank of America Merrill Lynch | $2.1B | 4.19% |
| Citigroup Capital Markets Inc | $1.7B | 3.39% |
| Wells Fargo Securities | $1.4B | 2.84% |
| Morgan Stanley | $1.2B | 2.30% |
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.