CNRGX Fees and Costs — City National Rochdale Short Term Emerging Markets Debt Fund, Class Y
Data updated: 2021-12-14
The net expense ratio is 0.93%: a 0.50% management fee plus 0.43% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2021 the fund paid $4K in broker commissions, 0.0018% of average net assets, and portfolio turnover was 129%.
CNRGX Fees and Expenses
Annual operating expenses and sales charges of CNRGX. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.43% |
| Gross expense ratio | 0.93% |
| Fee waiver | — |
| Net expense ratio | 0.93% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
CNRGX Costs Over Time
On $10,000 invested in CNRGX, assuming 5% a year before costs, total costs come to $584 over 5 years, cutting the return by 0.98% 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 0.93%) | $98 | $305 | $529 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $98 | $321 | $584 |
| Value after costs | $10,402 | $11,256 | $12,179 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
CNRGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0018%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $445.2M
- Portfolio turnover (prospectus): 129%
- Securities lending: none during the year
CNRGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PRECISION SECURITIES LLC | $4K | 98.88% |
| FIRST CLEARING CORP | $48 | 1.12% |
CNRGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES | $1.3M | 50.15% |
| LIQUIDNET | $1.0M | 39.89% |
| SANTANDER INVESTMENT SECURITIES INC. | $208K | 8.21% |
| MARKET AXESS | $44K | 1.75% |
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.