C000092777 Fees and Costs — Wells Fargo Asia Pacific Fund, Administrator Class
Data updated: 2020-01-14
The net expense ratio is 1.50%: a 1.00% management fee plus 0.61% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $172K in broker commissions, 0.1413% of average net assets, and portfolio turnover was 50%.
C000092777 Fees and Expenses
Annual operating expenses and sales charges of C000092777. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.61% |
| Gross expense ratio | 1.61% |
| Fee waiver | −0.11% |
| Net expense ratio | 1.50% |
| 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 | No |
C000092777 Costs Over Time
On $10,000 invested in C000092777, assuming 5% a year before costs, total costs come to $1,014 over 5 years, cutting the return by 1.72% 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 1.50%) | $158 | $488 | $841 |
| Trading costs (broker commissions) | $15 | $46 | $79 |
| Lost growth on money paid in costs | $0 | $27 | $94 |
| Total costs | $172 | $561 | $1,014 |
| Value after costs | $10,328 | $11,016 | $11,749 |
| Impact on return, per year | 1.72% | 1.72% | 1.72% |
C000092777 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1413%
- Total broker commissions: $172K
- Bought from dealers (principal trades, not a cost): $1.8M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $695K
- Net income from securities lending: $38K (0.031% of average net assets)
C000092777 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $21K | 17.79% |
| Merrill Lynch | $15K | 13.06% |
| HSBC Securities | $15K | 12.72% |
| Credit Suisse LLC | $14K | 12.52% |
| Mitsubishi Securities | $14K | 12.12% |
| JPMorgan Securities LLC | $12K | 10.51% |
| Citigroup Global Markets Incorporated | $9K | 8.03% |
| MacQuarie Bank Limited | $6K | 5.41% |
| China International Capital | $5K | 4.05% |
| Morgan Stanley Incorporated | $4K | 3.78% |
C000092777 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| HSBC Securities | $1.8M | 100.00% |
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.