C000135596 Fees and Costs — PIMCO RAE Low Volatility PLUS Fund, Class A
Data updated: 2020-05-19
The net expense ratio is 1.27%: a 0.94% management fee, a 0.25% 12b-1 fee plus 0.08% other expenses. This share class carries a maximum front-end sales load of 3.75% and a deferred sales charge of up to 1.00%. In fiscal 2019 the fund paid $22K in broker commissions, 0.0120% of average net assets, and portfolio turnover was 431%.
C000135596 Fees and Expenses
Annual operating expenses and sales charges of C000135596. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.94% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.08% |
| Gross expense ratio | 1.27% |
| Fee waiver | — |
| Net expense ratio | 1.27% |
| Sales charges | |
|---|---|
| Max front load | 3.75% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000135596 Costs Over Time
On $10,000 invested in C000135596, assuming 5% a year before costs, total costs come to $1,246 over 5 years, cutting the return by 2.14% 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 | $475 | $375 | $375 |
| Fund expenses (net expense ratio 1.27%) | $128 | $399 | $690 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $19 | $79 | $174 |
| Total costs | $623 | $857 | $1,246 |
| Value after costs | $9,877 | $10,719 | $11,517 |
| Impact on return, per year | 6.23% | 2.66% | 2.14% |
C000135596 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): 0.0120%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): $3.9B
- Portfolio turnover (prospectus): 431%
- Securities lending: none during the year
C000135596 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA), LLC | $22K | 100.00% |
C000135596 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Deutsche Bank Securities, Inc. | $860.7M | 23.85% |
| Credit Suisse Securities (USA), LLC | $856.1M | 23.72% |
| BNP Paribas Securities Corp. | $375.0M | 10.39% |
| Merrill Lynch, Pierce, Fenner, & Smith | $314.6M | 8.72% |
| J.P. Morgan Securities LLC | $275.1M | 7.62% |
| State Street Global Markets, LLC | $253.0M | 7.01% |
| Goldman Sachs & Co. | $231.7M | 6.42% |
| Barclays Capital, Inc. | $151.5M | 4.20% |
| Wells Fargo Securities, LLC | $146.4M | 4.05% |
| Nomura Securities International Inc. | $145.4M | 4.03% |
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.