BCPIX Fees and Costs — Brandes Core Plus Fixed Income Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.31%: a 0.35% management fee plus 0.22% other expenses, less a 0.27% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 22%.
BCPIX Fees and Expenses
Annual operating expenses and sales charges of BCPIX. Prospectus, as of July 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.58% |
| Fee waiver | −0.27% |
| Net expense ratio | 0.31% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
BCPIX Costs Over Time
On $10,000 invested in BCPIX, assuming 5% a year before costs, total costs come to $197 over 5 years, cutting the return by 0.33% 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 0.31%) | $33 | $102 | $179 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $33 | $107 | $197 |
| Value after costs | $10,467 | $11,469 | $12,566 |
| Impact on return, per year | 0.33% | 0.33% | 0.33% |
BCPIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $105.4M
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
BCPIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Northern Trust Company | $105.4M | 100.00% |
Brandes Core Plus Fixed Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BCPIX | Class I | 0.31% | none |
| BCPRX | Class R6 | 0.31% | none |
| BCPAX | Class A | 0.51% | 3.75% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.