C000056035 Fees and Costs — International Stock Fund, Class I
Data updated: 2025-05-19
The net expense ratio is 1.17%: a 1.15% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $14K in broker commissions, 0.0711% of average net assets, and portfolio turnover was 22%.
C000056035 Fees and Expenses
Annual operating expenses and sales charges of C000056035. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 1.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 1.17% |
| Fee waiver | — |
| Net expense ratio | 1.17% |
| 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 | No |
| Waived fees subject to recoupment | No |
C000056035 Costs Over Time
On $10,000 invested in C000056035, assuming 5% a year before costs, total costs come to $773 over 5 years, cutting the return by 1.30% 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 1.17%) | $123 | $382 | $661 |
| Trading costs (broker commissions) | $7 | $23 | $40 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $426 | $773 |
| Value after costs | $10,370 | $11,151 | $11,990 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
C000056035 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0711%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $70.9M
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $349K
- Net income from securities lending: $2K (0.012% of average net assets)
C000056035 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CLSA Americas, LLC | $3K | 21.57% |
| BNP Paribas Securities Corp. | $3K | 21.28% |
| UBS Securities LLC | $2K | 18.00% |
| Morgan Stanley & Co. LLC | $2K | 17.93% |
| Redburn (USA) LLC | $2K | 11.91% |
| BNY Capital Markets, LLC | $1K | 9.19% |
| Skandinaviska Enskilda Banken AB | $15 | 0.11% |
C000056035 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $70.9M | 100.00% |
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.