C000107274 Fees and Costs — Pacific Funds Short Duration Income, Class A
Data updated: 2023-06-07
The net expense ratio is 0.75%: a 0.40% management fee, a 0.25% 12b-1 fee plus 0.22% other expenses, less a 0.12% fee waiver. This share class carries a maximum front-end sales load of 3.00%. Portfolio turnover was 60%.
C000107274 Fees and Expenses
Annual operating expenses and sales charges of C000107274. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.87% |
| Fee waiver | −0.12% |
| Net expense ratio | 0.75% |
| 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 |
C000107274 Costs Over Time
On $10,000 invested in C000107274, assuming 5% a year before costs, total costs come to $840 over 5 years, cutting the return by 1.42% 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 0.75%) | $76 | $239 | $416 |
| Lost growth on money paid in costs | $15 | $59 | $125 |
| Total costs | $391 | $598 | $840 |
| Value after costs | $10,109 | $10,978 | $11,923 |
| Impact on return, per year | 3.91% | 1.84% | 1.42% |
C000107274 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 60%
- Securities lending: none during the year
C000107274 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $156.4M | 19.58% |
| J.P. Morgan Securities LLC | $144.0M | 18.02% |
| CitiGroup Global Markets Inc. | $111.8M | 13.99% |
| MORGAN STANLEY & CO. LLC | $77.1M | 9.65% |
| Goldman Sachs & Co. LLC | $64.0M | 8.01% |
| BARCLAYS CAPITAL, INC. | $63.6M | 7.96% |
| WELLS FARGO SECURITIES, LLC | $47.5M | 5.94% |
| RBC CAPITAL MARKETS LLC | $46.2M | 5.78% |
| BMO CAPITAL MARKETS CORP. | $45.8M | 5.74% |
| JANE STREET CAPITAL, LLC | $42.4M | 5.31% |
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.