C000129737 Fees and Costs — Barings Global Floating Rate Fund, Class Y
Data updated: 2021-11-24
The net expense ratio is 0.75%: a 0.65% management fee plus 0.30% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 43%.
C000129737 Fees and Expenses
Annual operating expenses and sales charges of C000129737. Prospectus, as of June 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 0.95% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.75% |
| 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 | Yes |
| Waived fees subject to recoupment | Yes |
C000129737 Costs Over Time
On $10,000 invested in C000129737, assuming 5% a year before costs, total costs come to $471 over 5 years, cutting the return by 0.79% 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 0.75%) | $79 | $246 | $428 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $471 |
| Value after costs | $10,421 | $11,318 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
C000129737 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
C000129737 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.