C000023534 Fees and Costs — William Blair Short Duration Bond Fund, Class I
Data updated: 2022-05-24
The net expense ratio is 0.70%: a 0.35% management fee plus 0.43% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 57%.
C000023534 Fees and Expenses
Annual operating expenses and sales charges of C000023534. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.43% |
| Gross expense ratio | 0.78% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| 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 |
C000023534 Costs Over Time
On $10,000 invested in C000023534, assuming 5% a year before costs, total costs come to $440 over 5 years, cutting the return by 0.73% 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 0.70%) | $74 | $230 | $400 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $241 | $440 |
| Value after costs | $10,426 | $11,335 | $12,322 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
C000023534 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $326.6M
- Portfolio turnover (prospectus): 57%
- Securities lending: none during the year
C000023534 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $71.5M | 26.23% |
| J.P. Morgan Securities LLC | $66.1M | 24.25% |
| Daiwa Capital Markets America Inc. | $26.7M | 9.79% |
| Goldman Sachs & Co. LLC | $24.4M | 8.95% |
| BofA Securities, Inc. | $20.2M | 7.41% |
| MUFG Securities Americas Inc. | $16.3M | 5.97% |
| Citigroup Global Markets Inc. | $13.6M | 5.01% |
| BOK Financial Securities, Inc. | $12.1M | 4.42% |
| Barclays Capital Inc. | $11.3M | 4.16% |
| Wells Fargo Securities, LLC | $10.4M | 3.83% |
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.