PPYIX Fees and Costs — PIMCO RAE International Fund, Institutional Class
Data updated: 2026-09-14
The net expense ratio is 0.50%: a 0.50% management fee plus 0.01% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $86K in broker commissions, 0.0164% of average net assets, and portfolio turnover was 76%.
PPYIX Fees and Expenses
Annual operating expenses and sales charges of PPYIX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.01% |
| Gross expense ratio | 0.51% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
PPYIX Costs Over Time
On $10,000 invested in PPYIX, assuming 5% a year before costs, total costs come to $326 over 5 years, cutting the return by 0.54% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $178 | $326 |
| Value after costs | $10,446 | $11,398 | $12,437 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
PPYIX 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)
PPYIX 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% |
PPYIX 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.