C000141428 Fees and Costs — First Investors Limited Duration Bond Fund, Institutional Class
Data updated: 2019-12-13
The net expense ratio is 0.36% (0.60% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $2K in broker commissions, 0.0007% of average net assets, and portfolio turnover was 102%.
C000141428 Fees and Expenses
Annual operating expenses and sales charges of C000141428. Prospectus, as of September 30, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.41% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.36% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000141428 Costs Over Time
On $10,000 invested in C000141428, assuming 5% a year before costs, total costs come to $229 over 5 years, cutting the return by 0.38% 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 0.36%) | $38 | $119 | $207 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $125 | $229 |
| Value after costs | $10,462 | $11,451 | $12,534 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
C000141428 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
C000141428 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $2K | 100.00% |
C000141428 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.