BBBIX Fees and Costs — BBH Limited Duration Fund, Class I
Data updated: 2026-09-25
The net expense ratio is 0.27%: a 0.23% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 38%.
BBBIX Fees and Expenses
Annual operating expenses and sales charges of BBBIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.27% |
| Fee waiver | — |
| Net expense ratio | 0.27% |
| 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 |
BBBIX Costs Over Time
On $10,000 invested in BBBIX, assuming 5% a year before costs, total costs come to $171 over 5 years, cutting the return by 0.28% 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 |
| Fund expenses (net expense ratio 0.27%) | $28 | $89 | $156 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $28 | $94 | $171 |
| Value after costs | $10,472 | $11,483 | $12,591 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
BBBIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $44.5B
- Portfolio turnover (prospectus): 38%
- Securities lending: none during the year
BBBIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Nomura Holdings Inc. | $7.0B | 16.71% |
| J.P. MORGAN SECURITIES LLC | $7.0B | 16.67% |
| BARCLAYS CAPITAL INC. | $6.9B | 16.37% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $5.7B | 13.52% |
| Citigroup Global Markets Inc. | $5.5B | 12.97% |
| MORGAN STANLEY & CO. LLC | $3.1B | 7.37% |
| Goldman Sachs & Co, LLC | $2.9B | 6.86% |
| Mizuho Securities USA LLC | $2.7B | 6.32% |
| BNP Paribas Securities Corp. | $940.8M | 2.24% |
| Wells Fargo Securities LLC | $402.2M | 0.96% |
BBH Limited Duration Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BBBIX | Class I | 0.27% | — |
| BBBMX | Class N | 0.35% | — |
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.