C000089451 Fees and Costs — Allspring International Bond Fund, Class C
Data updated: 2023-08-28
The net expense ratio is 1.77%: a 0.60% management fee, a 0.75% 12b-1 fee plus 0.64% other expenses, less a 0.22% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 92%.
C000089451 Fees and Expenses
Annual operating expenses and sales charges of C000089451. Prospectus, as of June 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.75% |
| Other expenses | 0.64% |
| Gross expense ratio | 1.99% |
| Fee waiver | −0.22% |
| Net expense ratio | 1.77% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000089451 Costs Over Time
On $10,000 invested in C000089451, assuming 5% a year before costs, total costs come to $1,090 over 5 years, cutting the return by 1.86% 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 1.77%) | $186 | $575 | $989 |
| Lost growth on money paid in costs | $0 | $29 | $101 |
| Total costs | $186 | $604 | $1,090 |
| Value after costs | $10,314 | $10,972 | $11,673 |
| Impact on return, per year | 1.86% | 1.86% | 1.86% |
C000089451 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $237.1M
- Portfolio turnover (prospectus): 92%
- Securities lending: none during the year
C000089451 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Incorporated | $35.2M | 18.05% |
| Nomura Securities | $33.4M | 17.15% |
| HSBC Securities | $32.2M | 16.54% |
| Deutsche Bank Incorporated | $20.2M | 10.35% |
| Toronto Dominion Bank | $16.5M | 8.45% |
| Barclays Capital Incorporated | $15.7M | 8.07% |
| JPMorgan Securities LLC | $12.8M | 6.58% |
| Nykredit Bank AS | $10.2M | 5.23% |
| SEB Securities Incorporated | $9.4M | 4.81% |
| Merrill Lynch | $9.3M | 4.75% |
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.