C000129736 Fees and Costs — Barings Global Floating Rate Fund, Class C
Data updated: 2021-11-24
The net expense ratio is 1.75%: a 0.65% management fee, a 1.00% 12b-1 fee plus 0.40% other expenses, less a 0.30% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 43%.
C000129736 Fees and Expenses
Annual operating expenses and sales charges of C000129736. Prospectus, as of June 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.40% |
| Gross expense ratio | 2.05% |
| Fee waiver | −0.30% |
| Net expense ratio | 1.75% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000129736 Costs Over Time
On $10,000 invested in C000129736, assuming 5% a year before costs, total costs come to $1,078 over 5 years, cutting the return by 1.84% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.75%) | $184 | $569 | $979 |
| Lost growth on money paid in costs | $0 | $28 | $100 |
| Total costs | $287 | $597 | $1,078 |
| Value after costs | $10,213 | $10,979 | $11,684 |
| Impact on return, per year | 2.87% | 1.84% | 1.84% |
C000129736 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $271.3M
- Portfolio turnover (prospectus): 43%
- Securities lending: none during the year
C000129736 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $75.1M | 30.25% |
| J.P. Morgan Securities LLC | $36.1M | 14.56% |
| BofA Securities, Inc. | $25.0M | 10.08% |
| Citigroup Global Markets Inc. | $21.7M | 8.76% |
| Credit Suisse Securities (USA) LLC | $20.7M | 8.33% |
| Goldman Sachs & Co. LLC | $17.8M | 7.15% |
| Barclays Capital Inc. | $16.0M | 6.43% |
| Deutsche Bank Securities Inc. | $15.3M | 6.17% |
| Morgan Stanley & Co. LLC | $11.7M | 4.70% |
| UBS Securities LLC | $8.8M | 3.56% |
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.