BBCPX Fees and Costs — Bridge Builder Core Plus Bond Fund
Data updated: 2026-09-11
The net expense ratio is 0.16%: a 0.36% management fee plus 0.02% other expenses, less a 0.23% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $541 in broker commissions, and portfolio turnover was 430%.
BBCPX Fees and Expenses
Annual operating expenses and sales charges of BBCPX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.36% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.39% |
| Fee waiver | −0.23% |
| Net expense ratio | 0.16% |
| 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 |
BBCPX Costs Over Time
On $10,000 invested in BBCPX, assuming 5% a year before costs, total costs come to $102 over 5 years, cutting the return by 0.17% 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 0.16%) | $17 | $53 | $93 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $17 | $55 | $102 |
| Value after costs | $10,483 | $11,521 | $12,661 |
| Impact on return, per year | 0.17% | 0.17% | 0.17% |
BBCPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $541
- Bought from dealers (principal trades, not a cost): $882.8B
- Portfolio turnover (prospectus): 430%
- Securities lending: none during the year
BBCPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| LIQUIDNET INC. | $265 | 48.88% |
| Cantor Fitzgerald & Co. | $116 | 21.41% |
| UBS Securities LLC | $105 | 19.36% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $53 | 9.72% |
| LUMINEX TRADING & ANALYTICS LLC | $3 | 0.63% |
BBCPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $313.0B | 39.04% |
| BROWN BROTHERS HARRIMAN INVESTMENTS, LLC | $102.8B | 12.82% |
| MORGAN STANLEY & CO. LLC | $88.8B | 11.07% |
| Goldman Sachs & Co, LLC | $79.2B | 9.88% |
| Citigroup Global Markets Inc. | $60.9B | 7.60% |
| Wells Fargo Securities LLC | $40.5B | 5.05% |
| BNY MELLON CAPITAL MARKETS, LLC | $36.0B | 4.49% |
| Mizuho Securities USA LLC | $30.3B | 3.78% |
| BNP Paribas Securities Corp. | $27.3B | 3.41% |
| BARCLAYS CAPITAL INC. | $23.0B | 2.87% |
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.