PFLAX Fees and Costs — Pacific Funds Large-Cap, Class A
Data updated: 2020-08-26
The net expense ratio is 0.90%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.64% other expenses, less a 0.44% fee waiver. This share class carries a maximum front-end sales load of 4.25%. In fiscal 2020 the fund paid $9K in broker commissions, 0.0418% of average net assets, and portfolio turnover was 79%.
PFLAX Fees and Expenses
Annual operating expenses and sales charges of PFLAX. Prospectus, as of March 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.64% |
| Gross expense ratio | 1.34% |
| Fee waiver | −0.44% |
| Net expense ratio | 0.90% |
| 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 |
PFLAX Costs Over Time
On $10,000 invested in PFLAX, assuming 5% a year before costs, total costs come to $1,107 over 5 years, cutting the return by 1.89% 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 0.90%) | $90 | $282 | $490 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $21 | $82 | $169 |
| Total costs | $541 | $802 | $1,107 |
| Value after costs | $9,959 | $10,774 | $11,656 |
| Impact on return, per year | 5.41% | 2.48% | 1.89% |
PFLAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0418%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 79%
- Securities lending: none during the year
PFLAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $2K | 29.47% |
| Stifel, Nicolaus & Company, Incorporated | $889 | 13.74% |
| J.P. MORGAN SECURITIES LLC | $745 | 11.51% |
| Cowen and Company, LLC | $541 | 8.36% |
| PIPER SANDLER & CO. | $519 | 8.02% |
| GOLDMAN SACHS & CO. LLC | $403 | 6.23% |
| CREDIT SUISSE SECURITIES (USA) LLC | $387 | 5.98% |
| CAPITAL INSTITUTIONAL SERVICES, INC | $375 | 5.80% |
| ISI FINANCIAL GROUP INC | $367 | 5.67% |
| RBC CAPITAL MARKETS, LLC | $338 | 5.22% |
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.