C000015054 Fees and Costs — Wilmington Intermediate-Term Bond Fund, Class A
Data updated: 2021-09-24
The net expense ratio is 0.84%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.70% other expenses, less a 0.56% fee waiver. This share class carries a maximum front-end sales load of 4.50%. In fiscal 2021 the fund paid $390 in broker commissions, 0.0008% of average net assets, and portfolio turnover was 35%.
C000015054 Fees and Expenses
Annual operating expenses and sales charges of C000015054. Prospectus, as of August 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.70% |
| Gross expense ratio | 1.40% |
| Fee waiver | −0.56% |
| Net expense ratio | 0.84% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000015054 Costs Over Time
On $10,000 invested in C000015054, assuming 5% a year before costs, total costs come to $1,078 over 5 years, cutting the return by 1.84% 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 |
| Sales charges | $450 | $450 | $450 |
| Fund expenses (net expense ratio 0.84%) | $84 | $263 | $457 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $22 | $84 | $170 |
| Total costs | $557 | $797 | $1,078 |
| Value after costs | $9,943 | $10,779 | $11,685 |
| Impact on return, per year | 5.57% | 2.47% | 1.84% |
C000015054 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0008%
- Total broker commissions: $390
- Bought from dealers (principal trades, not a cost): $35.4M
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $1.4M
- Net income from securities lending: $2K (0.004% of average net assets)
C000015054 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $390 | 100.00% |
C000015054 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $5.5M | 18.97% |
| WELLS FARGO SECURITIES, LLC | $5.1M | 17.63% |
| GOLDMAN SACHS & CO. LLC | $3.9M | 13.40% |
| CitiGroup Global Markets Inc. | $3.8M | 13.30% |
| MORGAN STANLEY & CO. LLC | $3.2M | 11.00% |
| J.P. Morgan Securities LLC | $1.6M | 5.57% |
| KEYBANC CAPITAL MARKETS, INC. | $1.6M | 5.47% |
| TD SECURITIES (USA) LLC | $1.5M | 5.27% |
| MARKETAXESS CORPORATION | $1.4M | 4.94% |
| BARCLAYS CAPITAL, INC. | $1.3M | 4.45% |
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.