C000064739 Fees and Costs — Western Asset Emerging Markets Debt Fund, Class FI
Data updated: 2023-06-21
The net expense ratio is 1.10%: a 0.60% management fee, a 0.25% 12b-1 fee plus 1.43% other expenses, less a 1.18% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $204 in broker commissions, 0.0011% of average net assets, and portfolio turnover was 77%.
C000064739 Fees and Expenses
Annual operating expenses and sales charges of C000064739. Prospectus, as of June 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.43% |
| Gross expense ratio | 2.28% |
| Fee waiver | −1.18% |
| Net expense ratio | 1.10% |
| 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 |
C000064739 Costs Over Time
On $10,000 invested in C000064739, assuming 5% a year before costs, total costs come to $687 over 5 years, cutting the return by 1.16% 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 1.10%) | $116 | $360 | $624 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $116 | $378 | $687 |
| Value after costs | $10,384 | $11,198 | $12,075 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
C000064739 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $204
- Bought from dealers (principal trades, not a cost): $39.0M
- Portfolio turnover (prospectus): 77%
- Securities lending: none during the year
C000064739 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $69 | 33.90% |
| GOLDMAN SACHS & CO. LLC | $48 | 23.73% |
| UBS Securities LLC | $35 | 16.95% |
| MORGAN STANLEY & CO. LLC | $14 | 6.78% |
| Marex North America Securities LLC | $14 | 6.78% |
| WELLS FARGO SECURITIES, LLC | $9 | 4.24% |
| R.J. O'Brien Securities, LLC | $7 | 3.39% |
| J.P. Morgan Securities LLC | $5 | 2.54% |
| JEFFERIES LLC | $3 | 1.69% |
C000064739 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $9.8M | 29.35% |
| JEFFERIES LLC | $9.0M | 26.87% |
| CitiGroup Global Markets Inc. | $2.9M | 8.64% |
| STATE STREET GLOBAL ADVISORS FUNDS DISTRIBUTORS, LLC | $2.5M | 7.51% |
| Merrill Lynch Professional Clearing Corp. | $1.9M | 5.72% |
| BNP PARIBAS SECURITIES CORP. | $1.8M | 5.36% |
| MARKETAXESS CORPORATION | $1.7M | 5.09% |
| STANDARD CHARTERED SECURITIES NORTH AMERICA LLC | $1.3M | 3.93% |
| DEUTSCHE BANK SECURITIES, INC. | $1.3M | 3.91% |
| GOLDMAN SACHS & CO. LLC | $1.2M | 3.64% |
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.