C000027837 Fees and Costs — William Blair Mid Cap Growth Fund, Class I
Data updated: 2023-05-24
The net expense ratio is 0.95%: a 0.90% management fee plus 0.56% other expenses, less a 0.51% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $7K in broker commissions, 0.0189% of average net assets, and portfolio turnover was 31%.
C000027837 Fees and Expenses
Annual operating expenses and sales charges of C000027837. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.56% |
| Gross expense ratio | 1.46% |
| Fee waiver | −0.51% |
| Net expense ratio | 0.95% |
| 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 |
C000027837 Costs Over Time
On $10,000 invested in C000027837, assuming 5% a year before costs, total costs come to $606 over 5 years, cutting the return by 1.02% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $333 | $606 |
| Value after costs | $10,398 | $11,243 | $12,156 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
C000027837 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0189%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $188.4M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
C000027837 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA) LLC | $1K | 17.55% |
| Goldman Sachs & Co. LLC | $985 | 16.00% |
| BofA Securities, Inc. | $769 | 12.49% |
| J.P. Morgan Securities LLC | $755 | 12.25% |
| Piper Sandler & Co. | $557 | 9.05% |
| Liquidnet, Inc. | $518 | 8.41% |
| Robert W. Baird & Co. Incorporated | $497 | 8.07% |
| Canaccord Genuity LLC | $433 | 7.03% |
| RBC Capital Markets, LLC | $318 | 5.16% |
| Cowen and Company, LLC | $245 | 3.97% |
C000027837 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $187.5M | 99.84% |
| J.P. Morgan Securities LLC | $304K | 0.16% |
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.