C000137339 Fees and Costs — The Inflation Protected Securities Portfolio, HC Strategic Shares
Data updated: 2021-11-26
The net expense ratio is 0.42%: a 0.09% management fee plus 0.33% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 20%.
C000137339 Fees and Expenses
Annual operating expenses and sales charges of C000137339. Prospectus, as of October 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | — |
| Other expenses | 0.33% |
| Gross expense ratio | 0.42% |
| Fee waiver | — |
| Net expense ratio | 0.42% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000137339 Costs Over Time
On $10,000 invested in C000137339, assuming 5% a year before costs, total costs come to $266 over 5 years, cutting the return by 0.44% 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 0.42%) | $44 | $138 | $242 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $145 | $266 |
| Value after costs | $10,456 | $11,431 | $12,497 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
C000137339 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): $1.1B
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
C000137339 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $626.2M | 58.35% |
| JPMORGAN CHASE | $208.6M | 19.43% |
| CITIGROUP GLOBAL MARKETS INC. | $67.9M | 6.33% |
| MORGAN STANLEY | $39.4M | 3.67% |
| S.G WARBURG & CO., INC. | $37.5M | 3.50% |
| WELLS FARGO SECURITIES, LLC | $34.7M | 3.24% |
| BARCLAYS CAPITAL INC. | $19.6M | 1.82% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $15.3M | 1.42% |
| CREDIT AGRICOLE SECURITIES (USA) INC. | $12.9M | 1.20% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $11.2M | 1.04% |
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.