C000105437 Fees and Costs — Pacific Funds Floating Rate Income, Class A
Data updated: 2023-06-07
The net expense ratio is 1.02% (1.15% before fee waivers). This share class carries a maximum front-end sales load of 3.00%. In fiscal 2023 the fund paid $46K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 90%.
C000105437 Fees and Expenses
Annual operating expenses and sales charges of C000105437. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 1.15% |
| Fee waiver | −0.13% |
| Net expense ratio | 1.02% |
| Sales charges | |
|---|---|
| Max front load | 3.00% |
| 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 |
C000105437 Costs Over Time
On $10,000 invested in C000105437, assuming 5% a year before costs, total costs come to $1,002 over 5 years, cutting the return by 1.70% 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 |
| Sales charges | $300 | $300 | $300 |
| Fund expenses (net expense ratio 1.02%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $15 | $63 | $140 |
| Total costs | $419 | $688 | $1,002 |
| Value after costs | $10,081 | $10,888 | $11,761 |
| Impact on return, per year | 4.19% | 2.12% | 1.70% |
C000105437 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $46K
- Bought from dealers (principal trades, not a cost): $4.7B
- Portfolio turnover (prospectus): 90%
- Securities lending: none during the year
C000105437 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $27K | 58.40% |
| J.P. MORGAN SECURITIES LLC | $19K | 41.60% |
C000105437 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $822.2M | 20.53% |
| MORGAN STANLEY & CO. LLC | $623.8M | 15.57% |
| JEFFERIES LLC | $443.9M | 11.08% |
| BARCLAYS CAPITAL, INC. | $415.0M | 10.36% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $401.7M | 10.03% |
| CREDIT SUISSE SECURITIES (USA) LLC | $316.2M | 7.90% |
| Goldman Sachs & Co. LLC | $287.3M | 7.17% |
| RBC CAPITAL MARKETS LLC | $280.0M | 6.99% |
| DEUTSCHE BANK SECURITIES, INC. | $235.7M | 5.88% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $179.7M | 4.49% |
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.