C000107271 Fees and Costs — Pacific Funds High Income, Class A
Data updated: 2023-06-07
The net expense ratio is 0.95%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.27% other expenses, less a 0.17% fee waiver. This share class carries a maximum front-end sales load of 4.25%. In fiscal 2023 the fund paid $779 in broker commissions, 0.0007% of average net assets, and portfolio turnover was 40%.
C000107271 Fees and Expenses
Annual operating expenses and sales charges of C000107271. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.12% |
| Fee waiver | −0.17% |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | 4.25% |
| 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 |
C000107271 Costs Over Time
On $10,000 invested in C000107271, assuming 5% a year before costs, total costs come to $1,112 over 5 years, cutting the return by 1.90% 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 | $425 | $425 | $425 |
| Fund expenses (net expense ratio 0.95%) | $96 | $298 | $517 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $21 | $82 | $170 |
| Total costs | $542 | $805 | $1,112 |
| Value after costs | $9,958 | $10,771 | $11,650 |
| Impact on return, per year | 5.42% | 2.49% | 1.90% |
C000107271 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): 0.0007%
- Total broker commissions: $779
- Bought from dealers (principal trades, not a cost): $119.1M
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
C000107271 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $779 | 100.00% |
C000107271 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $27.6M | 26.76% |
| JEFFERIES LLC | $20.5M | 19.85% |
| JANE STREET CAPITAL, LLC | $10.0M | 9.69% |
| MORGAN STANLEY & CO. LLC | $9.4M | 9.11% |
| MARKETAXESS CORPORATION | $8.7M | 8.40% |
| J.P. Morgan Securities LLC | $7.4M | 7.22% |
| BARCLAYS CAPITAL, INC. | $6.0M | 5.87% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $5.2M | 5.08% |
| CREDIT SUISSE SECURITIES (USA) LLC | $4.3M | 4.22% |
| CitiGroup Global Markets Inc. | $3.9M | 3.81% |
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.