C000047894 Fees and Costs — William Blair Bond Fund, Class N
Data updated: 2022-05-24
The net expense ratio is 0.60%: a 0.30% management fee, a 0.15% 12b-1 fee plus 0.34% other expenses, less a 0.19% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 71%.
C000047894 Fees and Expenses
Annual operating expenses and sales charges of C000047894. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.34% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.60% |
| 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 |
C000047894 Costs Over Time
On $10,000 invested in C000047894, assuming 5% a year before costs, total costs come to $378 over 5 years, cutting the return by 0.63% 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 0.60%) | $63 | $197 | $344 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000047894 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): $2.8B
- Portfolio turnover (prospectus): 71%
- Securities lending: none during the year
C000047894 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $444.6M | 18.29% |
| J.P. Morgan Securities LLC | $315.2M | 12.97% |
| Citigroup Global Markets Inc. | $283.2M | 11.65% |
| State Street Bank and Trust Company | $266.4M | 10.96% |
| Barclays Capital Inc. | $223.4M | 9.19% |
| Goldman Sachs & Co. LLC | $213.5M | 8.78% |
| BofA Securities, Inc. | $188.8M | 7.77% |
| BNY Mellon Capital Markets, LLC | $182.3M | 7.50% |
| Credit Suisse Securities (USA) LLC | $174.3M | 7.17% |
| Daiwa Capital Markets America Inc. | $139.3M | 5.73% |
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.