C000212336 Fees and Costs — Pacific Funds Ultra Short Income, Class I
Data updated: 2023-06-07
The net expense ratio is 0.32%: a 0.25% management fee plus 0.41% other expenses, less a 0.34% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 75%.
C000212336 Fees and Expenses
Annual operating expenses and sales charges of C000212336. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.41% |
| Gross expense ratio | 0.66% |
| Fee waiver | −0.34% |
| Net expense ratio | 0.32% |
| 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 |
C000212336 Costs Over Time
On $10,000 invested in C000212336, assuming 5% a year before costs, total costs come to $203 over 5 years, cutting the return by 0.34% 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 0.32%) | $34 | $106 | $184 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $34 | $111 | $203 |
| Value after costs | $10,466 | $11,465 | $12,560 |
| Impact on return, per year | 0.34% | 0.34% | 0.34% |
C000212336 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $61.6M
- Portfolio turnover (prospectus): 75%
- Securities lending: none during the year
C000212336 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $9.7M | 21.94% |
| BMO CAPITAL MARKETS CORP. | $7.8M | 17.65% |
| WELLS FARGO SECURITIES, LLC | $5.5M | 12.43% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $3.8M | 8.47% |
| MORGAN STANLEY & CO. LLC | $3.5M | 7.88% |
| Mizuho Securities USA LLC | $3.1M | 6.97% |
| Goldman Sachs & Co. LLC | $3.1M | 6.91% |
| MUFG SECURITIES AMERICAS INC. | $3.0M | 6.70% |
| BARCLAYS CAPITAL, INC. | $2.5M | 5.62% |
| TD SECURITIES (USA) LLC | $2.4M | 5.43% |
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.