C000135602 Fees and Costs — PIMCO RAE Low Volatility PLUS International Fund, Class I-2
Data updated: 2020-05-19
The net expense ratio is 1.01%: a 0.92% management fee plus 0.09% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $64K in broker commissions, 0.0110% of average net assets, and portfolio turnover was 339%.
C000135602 Fees and Expenses
Annual operating expenses and sales charges of C000135602. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.92% |
| 12b-1 fee | — |
| Other expenses | 0.09% |
| Gross expense ratio | 1.01% |
| Fee waiver | — |
| Net expense ratio | 1.01% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000135602 Costs Over Time
On $10,000 invested in C000135602, assuming 5% a year before costs, total costs come to $638 over 5 years, cutting the return by 1.07% 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 1.01%) | $106 | $331 | $574 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $107 | $351 | $638 |
| Value after costs | $10,393 | $11,225 | $12,124 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
C000135602 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): 0.0110%
- Total broker commissions: $64K
- Bought from dealers (principal trades, not a cost): $6.7B
- Portfolio turnover (prospectus): 339%
- Securities lending: none during the year
C000135602 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co., Inc. | $64K | 100.00% |
C000135602 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner, & Smith | $1.2B | 18.31% |
| Credit Suisse Securities (USA), LLC | $1.1B | 18.17% |
| Barclays Capital, Inc. | $879.4M | 13.95% |
| Morgan Stanley & Co., Inc. | $698.3M | 11.08% |
| Goldman Sachs & Co. | $669.5M | 10.62% |
| J.P. Morgan Securities LLC | $626.6M | 9.94% |
| BNP Paribas Securities Corp. | $528.1M | 8.38% |
| Deutsche Bank Securities, Inc. | $242.3M | 3.84% |
| State Street Global Markets, LLC | $235.0M | 3.73% |
| Cowen & Co. | $123.7M | 1.96% |
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.