PDFAX Fees and Costs — PIMCO Low Duration Fund II, Administrative Class
Data updated: 2026-08-31
The net expense ratio is 0.77%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $18K in broker commissions, 0.0065% of average net assets, and portfolio turnover was 270%.
PDFAX Fees and Expenses
Annual operating expenses and sales charges of PDFAX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.77% |
| Fee waiver | — |
| Net expense ratio | 0.77% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PDFAX Costs Over Time
On $10,000 invested in PDFAX, assuming 5% a year before costs, total costs come to $488 over 5 years, cutting the return by 0.82% 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 0.77%) | $81 | $253 | $440 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $268 | $488 |
| Value after costs | $10,418 | $11,309 | $12,275 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
PDFAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0065%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $16.7B
- Portfolio turnover (prospectus): 270%
- Securities lending: none during the year
PDFAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $18K | 99.92% |
| RBC Capital Markets, LLC | $14 | 0.08% |
PDFAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $5.6B | 34.57% |
| Citigroup Global Markets Inc. | $5.4B | 32.99% |
| Deutsche Bank Securities Inc. | $2.4B | 14.67% |
| J.P. Morgan Securities LLC | $667.6M | 4.11% |
| Morgan Stanley & Co. LLC | $551.9M | 3.39% |
| Barclays Capital Inc. | $440.8M | 2.71% |
| BNP Paribas Securities Corp. | $392.6M | 2.42% |
| Goldman Sachs & Co. LLC | $364.6M | 2.24% |
| Pacific Investment Management Company LLC | $274.4M | 1.69% |
| BMO Capital Markets Corp. | $196.4M | 1.21% |
PIMCO Low Duration Fund II Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PLDTX | Institutional Class | 0.52% | — |
| PDRPX | C000085175 | 0.64% | — |
| PDFAX | Administrative Class | 0.77% | — |
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.