C000123922 Fees and Costs — First Investors International Opportunities Bond Fund, Advisor Class
Data updated: 2019-12-13
The net expense ratio is 1.08%: a 0.75% management fee plus 0.33% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 41%.
C000123922 Fees and Expenses
Annual operating expenses and sales charges of C000123922. Prospectus, as of September 30, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.33% |
| Gross expense ratio | 1.08% |
| Fee waiver | — |
| Net expense ratio | 1.08% |
| 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 | No |
| Waived fees subject to recoupment | Yes |
C000123922 Costs Over Time
On $10,000 invested in C000123922, assuming 5% a year before costs, total costs come to $674 over 5 years, cutting the return by 1.13% 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 1.08%) | $113 | $354 | $613 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $113 | $371 | $674 |
| Value after costs | $10,387 | $11,205 | $12,088 |
| Impact on return, per year | 1.13% | 1.13% | 1.13% |
C000123922 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $251.2M
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
C000123922 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| HSBC Securities (USA) Inc. | $72.0M | 36.50% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $29.1M | 14.77% |
| Citigroup Global Markets Inc. | $18.9M | 9.56% |
| Barclays Capital Inc. | $15.5M | 7.84% |
| JP Morgan Securities LLC | $15.1M | 7.66% |
| Deutsche Bank Securities Inc. | $11.7M | 5.92% |
| Daiwa Capital Markets America Inc. | $9.7M | 4.93% |
| TD Securities Ltd. | $9.4M | 4.77% |
| BMO Capital Markets Limited | $8.9M | 4.53% |
| Wells Fargo Securities, LLC | $7.0M | 3.52% |
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.