PFIEX Fees and Costs — International Equity Index Fund, Class R-6
Data updated: 2026-07-24
The net expense ratio is 0.28%: a 0.22% management fee plus 0.07% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $264K in broker commissions, 0.0252% of average net assets, and portfolio turnover was 28%.
PFIEX Fees and Expenses
Annual operating expenses and sales charges of PFIEX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.22% |
| 12b-1 fee | — |
| Other expenses | 0.07% |
| Gross expense ratio | 0.30% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.28% |
| 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 | No |
PFIEX Costs Over Time
On $10,000 invested in PFIEX, assuming 5% a year before costs, total costs come to $194 over 5 years, cutting the return by 0.32% 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 0.28%) | $29 | $92 | $161 |
| Trading costs (broker commissions) | $3 | $8 | $15 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $32 | $106 | $194 |
| Value after costs | $10,468 | $11,471 | $12,569 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
PFIEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0252%
- Total broker commissions: $264K
- Bought from dealers (principal trades, not a cost): $261K
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $4.5M
- Net income from securities lending: $25K (0.002% of average net assets)
PFIEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET CAPITAL | $43K | 19.08% |
| WALLACHBETH CAPITAL | $34K | 14.81% |
| BESTEX RESEARCH | $29K | 12.89% |
| MERRILL LYNCH PIERCE FENNER & SMITH | $24K | 10.71% |
| MACQUARIE GROUP LTD. | $20K | 8.83% |
| UBS SECURITIES LLC | $20K | 8.67% |
| J.P. MORGAN SECURITIES LLC | $18K | 8.07% |
| CITIGROUP GLOBAL MARKETS | $14K | 6.10% |
| CLSA AMERICAS LLC | $12K | 5.48% |
| RBC DOMINION SECURITIES CORP. | $12K | 5.36% |
International Equity Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PFIEX | Class R-6 | 0.28% | — |
| PIDIX | Institutional Class | 0.30% | — |
| PIIQX | Class R-5 | 0.56% | — |
| PIIOX | Class R-3 | 0.87% | — |
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.