C000111139 Fees and Costs — T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio
Data updated: 2024-01-26
The net expense ratio is 0.01%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $6K in broker commissions, 0.0069% of average net assets, and portfolio turnover was 68%.
C000111139 Fees and Expenses
Annual operating expenses and sales charges of C000111139. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | — |
| Other expenses | 0.01% |
| Gross expense ratio | 0.01% |
| Fee waiver | — |
| Net expense ratio | 0.01% |
| 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 |
C000111139 Costs Over Time
On $10,000 invested in C000111139, assuming 5% a year before costs, total costs come to $11 over 5 years, cutting the return by 0.02% 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 0.01%) | $1 | $3 | $6 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $6 | $11 |
| Value after costs | $10,498 | $11,570 | $12,752 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
C000111139 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0069%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $167.0M
- Portfolio turnover (prospectus): 68%
- Securities lending: none during the year
C000111139 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Inc. | $2K | 33.10% |
| GOLDMAN SACHS & CO. LLC | $1K | 25.52% |
| MORGAN STANLEY & CO. LLC | $1K | 23.15% |
| J.P. MORGAN SECURITIES LLC | $1K | 18.23% |
C000111139 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $26.5M | 21.54% |
| Citigroup Inc. | $19.4M | 15.78% |
| GOLDMAN SACHS & CO. LLC | $16.8M | 13.68% |
| J.P. MORGAN SECURITIES LLC | $13.7M | 11.11% |
| BOFA SECURITIES, INC. | $13.0M | 10.61% |
| MARKETAXESS EUROPE LIMITED | $7.0M | 5.73% |
| BARCLAYS CAPITAL INC. | $7.0M | 5.69% |
| Jane Street Execution Services, LLC | $6.9M | 5.60% |
| HSBC Securities (USA) Inc. | $6.8M | 5.53% |
| Deutsche Bank Aktiengesellschaft | $5.8M | 4.72% |
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.