C000215104 Fees and Costs — Pacific Global Senior Loan ETF
Data updated: 2021-11-29
The net expense ratio is 0.69%. There are no sales loads or redemption fees. Portfolio turnover was 48%.
C000215104 Fees and Expenses
Annual operating expenses and sales charges of C000215104. Prospectus, as of June 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.68% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000215104 Costs Over Time
On $10,000 invested in C000215104, assuming 5% a year before costs, total costs come to $434 over 5 years, cutting the return by 0.72% 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 0.69%) | $72 | $227 | $395 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $72 | $238 | $434 |
| Value after costs | $10,428 | $11,338 | $12,329 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
C000215104 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): $13.2M
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
C000215104 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $3.0M | 22.73% |
| CREDIT SUISSE SECURITIES (USA) LLC | $2.5M | 18.95% |
| BARCLAYS CAPITAL INC. | $2.3M | 17.31% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $1.5M | 11.58% |
| CITIGROUP GLOBAL MARKETS INC. | $1.3M | 9.58% |
| GOLDMAN SACHS & CO. LLC | $1.1M | 7.97% |
| JEFFERIES LLC | $534K | 4.05% |
| RBC CAPITAL MARKETS, LLC | $531K | 4.03% |
| MORGAN STANLEY & CO. LLC | $263K | 2.00% |
| BNP PARIBAS PRIME BROKERAGE, INC. | $238K | 1.80% |
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.