C000123971 Fees and Costs — First Investors Total Return Fund, Advisor Class
Data updated: 2019-12-13
The net expense ratio is 0.84%: a 0.69% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $482K in broker commissions, 0.0557% of average net assets, and portfolio turnover was 53%.
C000123971 Fees and Expenses
Annual operating expenses and sales charges of C000123971. Prospectus, as of September 30, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.84% |
| Fee waiver | — |
| Net expense ratio | 0.84% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000123971 Costs Over Time
On $10,000 invested in C000123971, assuming 5% a year before costs, total costs come to $561 over 5 years, cutting the return by 0.94% 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 0.84%) | $88 | $275 | $478 |
| Trading costs (broker commissions) | $6 | $18 | $32 |
| Lost growth on money paid in costs | $0 | $15 | $51 |
| Total costs | $94 | $308 | $561 |
| Value after costs | $10,406 | $11,268 | $12,201 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
C000123971 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): 0.0557%
- Total broker commissions: $482K
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
C000123971 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company LLC | $129K | 36.41% |
| Barclays Capital Inc | $42K | 11.77% |
| Goldman Sachs & Co. LLC | $28K | 7.95% |
| JP Morgan Securities LLC | $28K | 7.84% |
| Sanford C. Bernstein & Co., LLC | $26K | 7.34% |
| Credit Suisse Securities (USA) LLC | $26K | 7.27% |
| UBS Securities LLC | $23K | 6.51% |
| WEEDEN & CO. L.P. | $22K | 6.34% |
| Stifel, Nicolaus & Co., Inc. | $16K | 4.52% |
| Evercore Group LLC | $14K | 4.04% |
C000123971 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Williams Capital Group, L.P. | $169.1M | 20.06% |
| D.A. Davidson & Co. | $145.4M | 17.25% |
| Barclays Capital Inc | $136.0M | 16.14% |
| INTL FCStone Financial Inc. | $108.5M | 12.87% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $93.3M | 11.07% |
| Citigroup Global Markets Inc. | $58.9M | 6.99% |
| JP Morgan Securities LLC | $41.1M | 4.88% |
| Wells Fargo Securities, LLC | $35.7M | 4.24% |
| Goldman Sachs & Co. LLC | $29.1M | 3.46% |
| Morgan Stanley & Co. LLC | $25.7M | 3.05% |
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.