C000111137 Fees and Costs — T. Rowe Price Floating Rate Multi-Sector Account Portfolio
Data updated: 2024-05-10
The net expense ratio is 0.03%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $544 in broker commissions, 0.0060% of average net assets, and portfolio turnover was 34%.
C000111137 Fees and Expenses
Annual operating expenses and sales charges of C000111137. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | — |
| Other expenses | 0.03% |
| Gross expense ratio | 0.03% |
| Fee waiver | — |
| Net expense ratio | 0.03% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000111137 Costs Over Time
On $10,000 invested in C000111137, assuming 5% a year before costs, total costs come to $23 over 5 years, cutting the return by 0.04% 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 0.03%) | $3 | $10 | $17 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $1 | $2 |
| Total costs | $4 | $12 | $23 |
| Value after costs | $10,496 | $11,564 | $12,740 |
| Impact on return, per year | 0.04% | 0.04% | 0.04% |
C000111137 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 29, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0060%
- Total broker commissions: $544
- Bought from dealers (principal trades, not a cost): $15.9M
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
C000111137 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $460 | 84.56% |
| Virtu ITG Hong Kong Limited | $82 | 15.07% |
| SANFORD C. BERNSTEIN & CO., LLC | $2 | 0.37% |
C000111137 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $3.5M | 25.58% |
| BOFA SECURITIES, INC. | $2.8M | 20.54% |
| MORGAN STANLEY & CO. LLC | $1.2M | 8.83% |
| GOLDMAN SACHS & CO. LLC | $1.2M | 8.52% |
| JEFFERIES LLC | $1.0M | 7.43% |
| BARCLAYS CAPITAL INC. | $973K | 7.12% |
| UBS AG | $843K | 6.17% |
| RBC Capital Markets, LLC | $766K | 5.60% |
| Nomura International PLC | $699K | 5.11% |
| Citigroup Inc. | $698K | 5.10% |
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.