ACCOX Fees and Costs — International Value Fund, C Class
Data updated: 2026-07-29
The net expense ratio is 2.12%: a 1.10% management fee, a 1.00% 12b-1 fee plus 0.02% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $917K in broker commissions, 0.0647% of average net assets, and portfolio turnover was 79%.
ACCOX Fees and Expenses
Annual operating expenses and sales charges of ACCOX. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.10% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 2.12% |
| Fee waiver | — |
| Net expense ratio | 2.12% |
| 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 | No |
ACCOX Costs Over Time
On $10,000 invested in ACCOX, assuming 5% a year before costs, total costs come to $1,335 over 5 years, cutting the return by 2.29% 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 2.12%) | $223 | $686 | $1,175 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $35 | $124 |
| Total costs | $332 | $742 | $1,335 |
| Value after costs | $10,168 | $10,834 | $11,428 |
| Impact on return, per year | 3.32% | 2.29% | 2.29% |
ACCOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0647%
- Total broker commissions: $917K
- Bought from dealers (principal trades, not a cost): $3.5B
- Portfolio turnover (prospectus): 79%
- Securities on loan, average value: $37.5M
- Net income from securities lending: $260K (0.018% of average net assets)
ACCOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS WARBURG | $222K | 28.03% |
| MORGAN STANLEY | $145K | 18.37% |
| J.P. MORGAN SECURITIES | $84K | 10.58% |
| CITIGROUP CAPITAL MARKETS INC. | $82K | 10.43% |
| BANK OF AMERICA MERRILL LYNCH | $62K | 7.81% |
| DAIWA SECURITIES GROUP | $50K | 6.37% |
| BERNSTEIN INSTITUTIONAL SERVICES | $49K | 6.24% |
| SMBC NIKKO SECURITIES AMERICA INC. | $44K | 5.53% |
| JEFFERIES LLC | $27K | 3.39% |
| RBC CAPITAL MARKETS | $26K | 3.24% |
ACCOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS LLC | $2.1B | 61.45% |
| GOLDMAN SACHS | $371.0M | 10.61% |
| BANK OF AMERICA MERRILL LYNCH | $290.8M | 8.32% |
| BMO CAPITAL MARKETS | $211.1M | 6.04% |
| J.P. MORGAN SECURITIES | $207.4M | 5.93% |
| UBS WARBURG | $111.1M | 3.18% |
| MORGAN STANLEY | $91.5M | 2.62% |
| CITIGROUP CAPITAL MARKETS INC. | $64.8M | 1.85% |
International Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ACAFX | G Class | 0.02% | none |
| ACVDX | R6 Class | 0.77% | none |
| ACVUX | I Class | 0.92% | none |
| ACEVX | Investor Class | 1.12% | none |
| MEQAX | A Class | 1.37% | 5.75% |
| ACVRX | R Class | 1.62% | none |
| ACCOX | C Class | 2.12% | 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.