PFDBX Fees and Costs — PFG Balanced Strategy Fund, Class R
Data updated: 2021-12-21
The net expense ratio is 2.45%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $83K in broker commissions, 0.0361% of average net assets, and portfolio turnover was 127%.
PFDBX Fees and Expenses
Annual operating expenses and sales charges of PFDBX. Prospectus, as of August 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.10% |
| Other expenses | 0.70% |
| Gross expense ratio | 2.45% |
| Fee waiver | — |
| Net expense ratio | 2.45% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PFDBX Costs Over Time
On $10,000 invested in PFDBX, assuming 5% a year before costs, total costs come to $1,510 over 5 years, cutting the return by 2.61% 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 2.45%) | $257 | $790 | $1,349 |
| Trading costs (broker commissions) | $4 | $12 | $20 |
| Lost growth on money paid in costs | $0 | $40 | $140 |
| Total costs | $261 | $842 | $1,510 |
| Value after costs | $10,239 | $10,734 | $11,253 |
| Impact on return, per year | 2.61% | 2.61% | 2.61% |
PFDBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0361%
- Total broker commissions: $83K
- Bought from dealers (principal trades, not a cost): $145.1M
- Portfolio turnover (prospectus): 127%
- Securities lending: none during the year
PFDBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros | $83K | 100.00% |
PFDBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Ceros | $145.1M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.