C000005021 Fees and Costs — PF Mid-Cap Equity Fund, Class P
Data updated: 2020-08-26
The net expense ratio is 0.80%: a 0.65% management fee plus 0.28% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $2K in broker commissions, 0.0189% of average net assets, and portfolio turnover was 119%.
C000005021 Fees and Expenses
Annual operating expenses and sales charges of C000005021. Prospectus, as of March 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | 0.28% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.80% |
| 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 | Yes |
C000005021 Costs Over Time
On $10,000 invested in C000005021, assuming 5% a year before costs, total costs come to $514 over 5 years, cutting the return by 0.86% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $86 | $282 | $514 |
| Value after costs | $10,414 | $11,294 | $12,249 |
| Impact on return, per year | 0.86% | 0.86% | 0.86% |
C000005021 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0189%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 119%
- Securities lending: none during the year
C000005021 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Stifel, Nicolaus & Company, Incorporated | $1K | 53.25% |
| Cowen and Company, LLC | $385 | 19.85% |
| JEFFERIES LLC | $233 | 12.01% |
| GOLDMAN SACHS & CO. LLC | $138 | 7.11% |
| J.P. MORGAN SECURITIES LLC | $72 | 3.71% |
| Stephens, Inc. | $28 | 1.44% |
| BNY MELLON CAPITAL MARKETS, LLC | $15 | 0.77% |
| RBC CAPITAL MARKETS, LLC | $15 | 0.77% |
| Raymond James & Associates, Inc. | $13 | 0.67% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $8 | 0.41% |
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.