PPYCX Fees and Costs — PIMCO RAE International Fund, Class C
Data updated: 2026-09-14
The net expense ratio is 1.61%: a 0.70% management fee, a 1.00% 12b-1 fee plus 0.02% other expenses, less a 0.11% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $86K in broker commissions, 0.0164% of average net assets, and portfolio turnover was 76%.
PPYCX Fees and Expenses
Annual operating expenses and sales charges of PPYCX. Prospectus, as of October 31, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 1.72% |
| Fee waiver | −0.11% |
| Net expense ratio | 1.61% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PPYCX Costs Over Time
On $10,000 invested in PPYCX, assuming 5% a year before costs, total costs come to $1,005 over 5 years, cutting the return by 1.71% 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 | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.61%) | $169 | $524 | $903 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $26 | $93 |
| Total costs | $274 | $556 | $1,005 |
| Value after costs | $10,226 | $11,021 | $11,758 |
| Impact on return, per year | 2.74% | 1.71% | 1.71% |
PPYCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0164%
- Total broker commissions: $86K
- Bought from dealers (principal trades, not a cost): $750.3M
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $10.6M
- Net income from securities lending: $195K (0.037% of average net assets)
PPYCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $31K | 35.62% |
| Citigroup Global Markets Inc. | $19K | 22.29% |
| BofA Securities, Inc. | $9K | 10.94% |
| Barclays Capital Inc. | $8K | 8.86% |
| J.P. Morgan Securities LLC | $7K | 7.65% |
| Jefferies LLC | $6K | 7.23% |
| Morgan Stanley & Co. LLC | $4K | 4.86% |
| UBS Securities LLC | $939 | 1.09% |
| Goldman Sachs & Co. LLC | $773 | 0.90% |
| BNP Paribas Securities Corp. | $476 | 0.55% |
PPYCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $511.1M | 68.12% |
| Pacific Investment Management Company LLC | $172.4M | 22.98% |
| State Street Bank and Trust Company | $66.8M | 8.90% |
PIMCO RAE International Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PPYIX | Institutional Class | 0.50% | none |
| PPYPX | Class I-2 | 0.60% | none |
| PPYAX | Class A | 0.85% | 3.75% |
| PPYCX | Class C | 1.61% | none |
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.