C000141426 Fees and Costs — First Investors Limited Duration Bond Fund, Class A
Data updated: 2019-12-13
The net expense ratio is 0.79% (1.03% before fee waivers). This share class carries a maximum front-end sales load of 2.50% and a deferred sales charge of up to 1.00%. In fiscal 2019 the fund paid $2K in broker commissions, 0.0007% of average net assets, and portfolio turnover was 102%.
C000141426 Fees and Expenses
Annual operating expenses and sales charges of C000141426. Prospectus, as of September 30, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.41% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.32% |
| Gross expense ratio | 1.03% |
| Fee waiver | — |
| Net expense ratio | 0.79% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000141426 Costs Over Time
On $10,000 invested in C000141426, assuming 5% a year before costs, total costs come to $803 over 5 years, cutting the return by 1.36% 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 | $352 | $250 | $250 |
| Fund expenses (net expense ratio 0.79%) | $81 | $253 | $440 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $12 | $52 | $113 |
| Total costs | $445 | $555 | $803 |
| Value after costs | $10,055 | $11,021 | $11,960 |
| Impact on return, per year | 4.45% | 1.71% | 1.36% |
C000141426 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0007%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $590.4M
- Portfolio turnover (prospectus): 102%
- Securities lending: none during the year
C000141426 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $2K | 100.00% |
C000141426 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc | $93.8M | 22.05% |
| Citigroup Global Markets Inc. | $53.6M | 12.60% |
| Wells Fargo Securities, LLC | $45.8M | 10.77% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $41.7M | 9.80% |
| Etico Partners LLC | $41.5M | 9.75% |
| Morgan Stanley & Co. LLC | $35.6M | 8.38% |
| TD Securities Ltd. | $32.8M | 7.71% |
| HSBC Securities (USA) Inc. | $32.6M | 7.66% |
| Goldman Sachs & Co. LLC. LLC | $27.9M | 6.55% |
| JP Morgan Securities LLC | $20.1M | 4.73% |
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.