C000212334 Fees and Costs — Pacific Funds Diversified Income, Advisor Class
Data updated: 2020-08-26
The net expense ratio is 0.45%: a 0.35% management fee plus 0.65% other expenses, less a 0.55% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $12K in broker commissions, 0.0408% of average net assets, and portfolio turnover was 34%.
C000212334 Fees and Expenses
Annual operating expenses and sales charges of C000212334. Prospectus, as of March 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | — |
| Other expenses | 0.65% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.55% |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000212334 Costs Over Time
On $10,000 invested in C000212334, assuming 5% a year before costs, total costs come to $310 over 5 years, cutting the return by 0.52% 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 0.45%) | $47 | $148 | $258 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $52 | $170 | $310 |
| Value after costs | $10,448 | $11,407 | $12,453 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
C000212334 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0408%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $20.7M
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
C000212334 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $8K | 72.81% |
| SANFORD C. BERNSTEIN & CO., LLC | $2K | 21.28% |
| INSTINET, LLC | $439 | 3.80% |
| J.P. MORGAN SECURITIES LLC | $221 | 1.91% |
| BARCLAYS CAPITAL, INC. | $22 | 0.19% |
| DEUTSCHE BANK SECURITIES INC. | $2 | 0.02% |
C000212334 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $3.7M | 20.41% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $3.1M | 17.28% |
| J.P. Morgan Securities LLC | $3.1M | 17.12% |
| CitiGroup Global Markets Inc. | $2.1M | 11.82% |
| WELLS FARGO SECURITIES, LLC | $1.3M | 7.44% |
| MORGAN STANLEY & CO. LLC | $1.2M | 6.77% |
| BARCLAYS CAPITAL, INC. | $1.2M | 6.69% |
| CREDIT SUISSE SECURITIES (USA) LLC | $893K | 4.97% |
| JEFFERIES LLC | $841K | 4.68% |
| MARKETAXESS CORPORATION | $508K | 2.83% |
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.