C000107279 Fees and Costs — Pacific Funds Strategic Income, Class I
Data updated: 2023-06-07
The net expense ratio is 0.64%: a 0.60% management fee plus 0.22% other expenses, less a 0.18% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $6K in broker commissions, 0.0004% of average net assets, and portfolio turnover was 40%.
C000107279 Fees and Expenses
Annual operating expenses and sales charges of C000107279. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.82% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.64% |
| 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 | Yes |
C000107279 Costs Over Time
On $10,000 invested in C000107279, assuming 5% a year before costs, total costs come to $403 over 5 years, cutting the return by 0.67% 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 0.64%) | $67 | $210 | $366 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $221 | $403 |
| Value after costs | $10,433 | $11,355 | $12,359 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
C000107279 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): 0.0004%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
C000107279 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $4K | 65.50% |
| BARCLAYS CAPITAL, INC. | $2K | 34.50% |
C000107279 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $170.9M | 18.31% |
| Goldman Sachs & Co. LLC | $162.5M | 17.41% |
| MORGAN STANLEY & CO. LLC | $100.8M | 10.79% |
| J.P. Morgan Securities LLC | $91.5M | 9.80% |
| MARKETAXESS CORPORATION | $87.1M | 9.33% |
| BARCLAYS CAPITAL, INC. | $85.4M | 9.15% |
| CitiGroup Global Markets Inc. | $74.8M | 8.01% |
| WELLS FARGO SECURITIES, LLC | $63.9M | 6.85% |
| JEFFERIES LLC | $57.4M | 6.15% |
| RBC CAPITAL MARKETS LLC | $39.3M | 4.21% |
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.