AAEYX Fees and Costs — Core Fixed Income Fund
Data updated: 2026-10-14
The net expense ratio is 0.70%: a 0.15% management fee plus 0.55% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 52%.
AAEYX Fees and Expenses
Annual operating expenses and sales charges of AAEYX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.55% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
AAEYX Costs Over Time
On $10,000 invested in AAEYX, assuming 5% a year before costs, total costs come to $440 over 5 years, cutting the return by 0.73% 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 0.70%) | $74 | $230 | $400 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $241 | $440 |
| Value after costs | $10,426 | $11,335 | $12,322 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
AAEYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $185.6M
- Portfolio turnover (prospectus): 52%
AAEYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $40.7M | 23.64% |
| BARCLAY BANK PLC | $37.0M | 21.49% |
| MORGAN STANLEY & CO, INC | $29.2M | 16.95% |
| CITIGROUP | $22.9M | 13.31% |
| CITADEL | $11.5M | 6.67% |
| MARKET AXESS CORPORATION | $8.4M | 4.88% |
| NESBITT BURNS INC. | $6.8M | 3.92% |
| MIZUHO SECURITIES | $6.5M | 3.79% |
| WELLS FARGO | $5.1M | 2.95% |
| J P MORGAN CHASE BANK | $4.1M | 2.40% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.