C000081288 Fees and Costs — William Blair Ultra-Short Duration Bond Fund, Class N
Data updated: 2022-05-24
The net expense ratio is 0.55%: a 0.30% management fee, a 0.15% 12b-1 fee plus 0.39% other expenses, less a 0.29% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 72%.
C000081288 Fees and Expenses
Annual operating expenses and sales charges of C000081288. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.39% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.29% |
| Net expense ratio | 0.55% |
| 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 |
C000081288 Costs Over Time
On $10,000 invested in C000081288, assuming 5% a year before costs, total costs come to $347 over 5 years, cutting the return by 0.58% 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 0.55%) | $58 | $181 | $315 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $190 | $347 |
| Value after costs | $10,442 | $11,386 | $12,416 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
C000081288 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): $1.2B
- Portfolio turnover (prospectus): 72%
- Securities lending: none during the year
C000081288 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $256.5M | 24.86% |
| Daiwa Capital Markets America Inc. | $179.8M | 17.43% |
| Citigroup Global Markets Inc. | $155.6M | 15.09% |
| State Street Bank and Trust Company | $139.0M | 13.48% |
| MUFG Securities Americas Inc. | $74.9M | 7.26% |
| BofA Securities, Inc. | $57.8M | 5.60% |
| Mizuho Securities USA LLC | $53.9M | 5.23% |
| Barclays Capital Inc. | $49.0M | 4.75% |
| Goldman Sachs & Co. LLC | $32.6M | 3.16% |
| Wells Fargo Securities, LLC | $32.4M | 3.14% |
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.