C000015299 Fees and Costs — Wilmington Short-Term Bond Fund, Class I
Data updated: 2021-07-13
The net expense ratio is 0.48%: a 0.40% management fee plus 0.53% other expenses, less a 0.45% 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 140%.
C000015299 Fees and Expenses
Annual operating expenses and sales charges of C000015299. Prospectus, as of August 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.45% |
| Net expense ratio | 0.48% |
| 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 |
C000015299 Costs Over Time
On $10,000 invested in C000015299, assuming 5% a year before costs, total costs come to $304 over 5 years, cutting the return by 0.50% 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 0.48%) | $50 | $158 | $276 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $50 | $166 | $304 |
| Value after costs | $10,450 | $11,410 | $12,459 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
C000015299 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): $97.9M
- Portfolio turnover (prospectus): 140%
- Securities on loan, average value: $1.1M
- Net income from securities lending: $1K (0.003% of average net assets)
C000015299 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $390 | 100.00% |
C000015299 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $26.1M | 32.28% |
| BOFA SECURITIES, INC. | $15.2M | 18.77% |
| CitiGroup Global Markets Inc. | $7.7M | 9.55% |
| WELLS FARGO SECURITIES, LLC | $5.8M | 7.23% |
| MARKETAXESS CORPORATION | $5.3M | 6.55% |
| MORGAN STANLEY & CO. LLC | $4.9M | 6.04% |
| BARCLAYS CAPITAL, INC. | $4.5M | 5.63% |
| KEYBANC CAPITAL MARKETS, INC. | $4.0M | 4.98% |
| GOLDMAN SACHS & CO. LLC | $3.8M | 4.65% |
| MILLENNIUM ADVISORS, LLC | $3.5M | 4.32% |
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.