C000015056 Fees and Costs — Wilmington Intermediate-Term Bond Fund, Class I
Data updated: 2021-09-24
The net expense ratio is 0.49%: a 0.45% management fee plus 0.45% other expenses, less a 0.41% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $390 in broker commissions, 0.0008% of average net assets, and portfolio turnover was 35%.
C000015056 Fees and Expenses
Annual operating expenses and sales charges of C000015056. Prospectus, as of August 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.45% |
| Gross expense ratio | 0.90% |
| Fee waiver | −0.41% |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
C000015056 Costs Over Time
On $10,000 invested in C000015056, assuming 5% a year before costs, total costs come to $310 over 5 years, cutting the return by 0.52% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $52 | $170 | $310 |
| Value after costs | $10,448 | $11,407 | $12,453 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
C000015056 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)
C000015056 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $390 | 100.00% |
C000015056 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.