PPZDX Fees and Costs — PIMCO REALPATH Blend 2025 Fund, Administrative Class
Data updated: 2025-03-03
The net expense ratio is 0.72%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $195 in broker commissions, and portfolio turnover was 27%.
PPZDX Fees and Expenses
Annual operating expenses and sales charges of PPZDX. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 0.72% |
| Fee waiver | — |
| Net expense ratio | 0.72% |
| 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 |
PPZDX Costs Over Time
On $10,000 invested in PPZDX, assuming 5% a year before costs, total costs come to $453 over 5 years, cutting the return by 0.76% 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 0.72%) | $76 | $237 | $411 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $76 | $248 | $453 |
| Value after costs | $10,424 | $11,328 | $12,310 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
PPZDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $195
- Bought from dealers (principal trades, not a cost): $155.1M
- Portfolio turnover (prospectus): 27%
- Securities lending: none during the year
PPZDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co., Inc. | $195 | 100.00% |
PPZDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $146.2M | 94.89% |
| Barclays Capital, Inc. | $1.7M | 1.08% |
| BMO Capital Markets Corp. | $1.1M | 0.70% |
| Citigroup Global Markets, Inc. | $882K | 0.57% |
| Goldman Sachs & Co. | $852K | 0.55% |
| Deutsche Bank Securities, Inc. | $813K | 0.53% |
| J.P. Morgan Securities LLC | $715K | 0.46% |
| Wells Fargo Securities, LLC | $713K | 0.46% |
| RBC Capital Markets Corp. | $589K | 0.38% |
| Mizuho Securities USA, Inc. | $566K | 0.37% |
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.