C000122208 Fees and Costs — Asia Pacific Total Return Bond Fund, Class NAV
Data updated: 2021-01-27
The net expense ratio is 0.83%: a 0.72% management fee plus 0.12% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 48%.
C000122208 Fees and Expenses
Annual operating expenses and sales charges of C000122208. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | — |
| Other expenses | 0.12% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.83% |
| 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 |
C000122208 Costs Over Time
On $10,000 invested in C000122208, assuming 5% a year before costs, total costs come to $521 over 5 years, cutting the return by 0.87% 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 0.83%) | $87 | $272 | $473 |
| Lost growth on money paid in costs | $0 | $13 | $48 |
| Total costs | $87 | $286 | $521 |
| Value after costs | $10,413 | $11,290 | $12,242 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
C000122208 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $487.4M
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
C000122208 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Holdings Inc. | $136.2M | 37.95% |
| HSBC Bank PLC | $44.0M | 12.27% |
| Wells Fargo Securities, LLC | $32.3M | 9.00% |
| J.P. Morgan Securities LLC | $29.2M | 8.12% |
| Standard Chartered PLC | $28.0M | 7.79% |
| Barclays Bank PLC | $20.0M | 5.58% |
| UBS AG | $17.8M | 4.96% |
| Nomura Holdings, Inc. | $17.8M | 4.96% |
| Deutsche Bank AG | $17.4M | 4.84% |
| Morgan Stanley & Co. LLC | $16.2M | 4.51% |
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.