C000135589 Fees and Costs — PIMCO RAE Low Volatility PLUS EMG Fund, Institutional Class
Data updated: 2020-05-19
The net expense ratio is 1.54%: a 1.15% management fee plus 0.44% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $92K in broker commissions, 0.0102% of average net assets, and portfolio turnover was 307%.
C000135589 Fees and Expenses
Annual operating expenses and sales charges of C000135589. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.15% |
| 12b-1 fee | — |
| Other expenses | 0.44% |
| Gross expense ratio | 1.59% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.54% |
| 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 | Yes |
C000135589 Costs Over Time
On $10,000 invested in C000135589, assuming 5% a year before costs, total costs come to $959 over 5 years, cutting the return by 1.63% 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 1.54%) | $162 | $502 | $865 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $25 | $88 |
| Total costs | $163 | $530 | $959 |
| Value after costs | $10,337 | $11,046 | $11,804 |
| Impact on return, per year | 1.63% | 1.63% | 1.63% |
C000135589 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0102%
- Total broker commissions: $92K
- Bought from dealers (principal trades, not a cost): $13.2B
- Portfolio turnover (prospectus): 307%
- Securities lending: none during the year
C000135589 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA), LLC | $92K | 99.83% |
| RBC Capital Markets Corp. | $160 | 0.17% |
C000135589 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital, Inc. | $2.5B | 21.15% |
| Merrill Lynch, Pierce, Fenner, & Smith | $2.4B | 20.78% |
| Credit Suisse Securities (USA), LLC | $1.7B | 14.93% |
| Morgan Stanley & Co., Inc. | $1.2B | 10.65% |
| J.P. Morgan Securities LLC | $831.8M | 7.12% |
| Goldman Sachs & Co. | $818.5M | 7.01% |
| UBS Securities LLC | $665.6M | 5.70% |
| BNP Paribas Securities Corp. | $628.5M | 5.38% |
| Deutsche Bank Securities, Inc. | $482.0M | 4.13% |
| RBC Capital Markets Corp. | $367.9M | 3.15% |
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.