C000057808 Fees and Costs — Brandes Core Plus Fixed Income Fund, Class I
Data updated: 2024-08-27
The net expense ratio is 0.31%: a 0.35% management fee plus 0.31% other expenses, less a 0.36% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 16%.
C000057808 Fees and Expenses
Annual operating expenses and sales charges of C000057808. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.31% |
| Gross expense ratio | 0.67% |
| Fee waiver | −0.36% |
| Net expense ratio | 0.31% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000057808 Costs Over Time
On $10,000 invested in C000057808, assuming 5% a year before costs, total costs come to $197 over 5 years, cutting the return by 0.33% 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 0.31%) | $33 | $102 | $179 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $33 | $107 | $197 |
| Value after costs | $10,467 | $11,469 | $12,566 |
| Impact on return, per year | 0.33% | 0.33% | 0.33% |
C000057808 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
C000057808 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS LLC | $375.6M | 92.82% |
| BNY MELLON CAPITAL MARKETS, LLC | $7.6M | 1.87% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP | $5.1M | 1.27% |
| DEUTSCHE BANK SECURITIES INC | $4.1M | 1.01% |
| J.P. MORGAN SECURITIES LLC | $3.6M | 0.89% |
| JEFFERIES LLC | $3.0M | 0.74% |
| WELLS FARGO SECURITIES LLC | $1.8M | 0.44% |
| GOLDMAN SACHS & CO LLC | $1.3M | 0.33% |
| PIERPONT SECURITIES | $1.3M | 0.32% |
| CITIGROUP GLOBAL MARKETS INC | $1.2M | 0.31% |
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.