PWLEX Fees and Costs — PIMCO RAE Worldwide Long/Short PLUS Fund, Class C
Data updated: 2026-08-31
The net expense ratio is 2.57%: a 1.34% management fee, a 1.00% 12b-1 fee plus 0.23% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $30K in broker commissions, 0.0072% of average net assets, and portfolio turnover was 369%.
PWLEX Fees and Expenses
Annual operating expenses and sales charges of PWLEX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 1.34% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 2.57% |
| Fee waiver | — |
| Net expense ratio | 2.57% |
| 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 | No |
| Waived fees subject to recoupment | No |
PWLEX Costs Over Time
On $10,000 invested in PWLEX, assuming 5% a year before costs, total costs come to $1,562 over 5 years, cutting the return by 2.71% 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 | $102 | $0 | $0 |
| Fund expenses (net expense ratio 2.57%) | $270 | $828 | $1,413 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $42 | $145 |
| Total costs | $373 | $872 | $1,562 |
| Value after costs | $10,127 | $10,704 | $11,201 |
| Impact on return, per year | 3.73% | 2.71% | 2.71% |
PWLEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0072%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): $24.2B
- Portfolio turnover (prospectus): 369%
- Securities lending: none during the year
PWLEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $26K | 86.45% |
| RBC Capital Markets, LLC | $4K | 13.02% |
| Citigroup Global Markets Inc. | $148 | 0.49% |
| BGC Financial, L.P. | $11 | 0.04% |
| J.P. Morgan Securities LLC | $1 | 0.00% |
PWLEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $9.5B | 39.79% |
| Deutsche Bank Securities Inc. | $4.1B | 17.16% |
| Morgan Stanley & Co. LLC | $2.5B | 10.35% |
| J.P. Morgan Securities LLC | $2.0B | 8.41% |
| Goldman Sachs & Co. LLC | $1.7B | 7.00% |
| Mizuho Securities USA LLC | $1.3B | 5.39% |
| Barclays Capital Inc. | $1.1B | 4.44% |
| BNP Paribas Securities Corp. | $761.5M | 3.19% |
| Citigroup Global Markets Inc. | $583.7M | 2.45% |
| Wells Fargo Securities, LLC | $434.0M | 1.82% |
PIMCO RAE Worldwide Long/Short PLUS Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PWLPX | C000148268 | 1.32% | none |
| PWLIX | Institutional Class | 1.42% | none |
| PWLMX | Class I-2 | 1.52% | none |
| PWLDX | C000148263 | 1.62% | none |
| PWLBX | Class A | 1.82% | 5.50% |
| PWLEX | Class C | 2.57% | 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.