C000071038 Fees and Costs — BMO Core Plus Bond Fund, Class I
Data updated: 2022-01-19
The net expense ratio is 0.31%: a 0.13% management fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $116 in broker commissions, and portfolio turnover was 28%.
C000071038 Fees and Expenses
Annual operating expenses and sales charges of C000071038. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.13% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.31% |
| Fee waiver | — |
| Net expense ratio | 0.31% |
| 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 |
C000071038 Costs Over Time
On $10,000 invested in C000071038, 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% |
C000071038 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $116
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $56.6M
- Net income from securities lending: $180K (0.015% of average net assets)
C000071038 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Piper Sandler & Co. | $116 | 100.00% |
C000071038 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $902.2M | 59.59% |
| Wells Fargo Securities, LLC | $193.2M | 12.76% |
| Citigroup Global Markets Inc. | $89.8M | 5.93% |
| BofA Securities, Inc. | $86.0M | 5.68% |
| J.P. Morgan Securities LLC | $84.9M | 5.60% |
| Barclays Capital Inc. | $66.1M | 4.37% |
| BNP Paribas Securities Corp. | $37.2M | 2.46% |
| Mizuho Securities USA LLC | $20.5M | 1.36% |
| Nomura Securities International, Inc. | $18.5M | 1.22% |
| Stonex Financial Inc. | $15.7M | 1.04% |
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.