PFKAX Fees and Costs — Pacific Funds Small-Cap, Class A
Data updated: 2023-06-07
The net expense ratio is 1.20%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.60% other expenses, less a 0.40% fee waiver. This share class carries a maximum front-end sales load of 4.25%. In fiscal 2023 the fund paid $11K in broker commissions, 0.0750% of average net assets, and portfolio turnover was 63%.
PFKAX Fees and Expenses
Annual operating expenses and sales charges of PFKAX. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.60% |
| Gross expense ratio | 1.60% |
| Fee waiver | −0.40% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 4.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PFKAX Costs Over Time
On $10,000 invested in PFKAX, assuming 5% a year before costs, total costs come to $1,302 over 5 years, cutting the return by 2.24% 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 |
| Sales charges | $425 | $425 | $425 |
| Fund expenses (net expense ratio 1.20%) | $121 | $375 | $649 |
| Trading costs (broker commissions) | $8 | $23 | $41 |
| Lost growth on money paid in costs | $21 | $87 | $187 |
| Total costs | $574 | $911 | $1,302 |
| Value after costs | $9,926 | $10,666 | $11,461 |
| Impact on return, per year | 5.74% | 2.83% | 2.24% |
PFKAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0750%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 63%
- Securities lending: none during the year
PFKAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $3K | 28.05% |
| Stifel, Nicolaus & Company, Incorporated | $3K | 25.88% |
| J.P. MORGAN SECURITIES LLC | $1K | 14.14% |
| TD SECURITIES (USA) LLC | $890 | 8.40% |
| Raymond James & Associates, Inc. | $695 | 6.56% |
| Truist Securities, Inc. | $554 | 5.23% |
| RBC CAPITAL MARKETS, LLC | $507 | 4.78% |
| KEYBANC CAPITAL MARKETS, INC. | $253 | 2.39% |
| U.S. BANCORP INVESTMENTS, INC. | $245 | 2.31% |
| JEFFERIES LLC | $240 | 2.26% |
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.