AGMNX Fees and Costs — Ginnie Mae Fund, R5 Class
Data updated: 2026-08-28
The net expense ratio is 0.35%: a 0.34% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $4K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 138%.
AGMNX Fees and Expenses
Annual operating expenses and sales charges of AGMNX. Prospectus, as of August 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.34% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AGMNX Costs Over Time
On $10,000 invested in AGMNX, assuming 5% a year before costs, total costs come to $222 over 5 years, cutting the return by 0.37% 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 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $122 | $222 |
| Value after costs | $10,463 | $11,455 | $12,540 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
AGMNX 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): 0.0011%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $7.8B
- Portfolio turnover (prospectus): 138%
- Securities lending: none during the year
AGMNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA MERRILL LYNCH | $4K | 100.00% |
AGMNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS LLC | $6.4B | 82.72% |
| BARCLAYS CAPITAL | $623.7M | 8.01% |
| BMO CAPITAL MARKETS | $334.5M | 4.30% |
| BANK OF AMERICA MERRILL LYNCH | $153.8M | 1.97% |
| J.P. MORGAN SECURITIES | $144.5M | 1.86% |
| TORONTO-DOMINION CORP | $32.6M | 0.42% |
| PERFORMANCE TRUST CAPITAL PARTNERS, LLC | $20.4M | 0.26% |
| BNP PARIBAS SECURITIES | $15.6M | 0.20% |
| GOLDMAN SACHS | $11.2M | 0.14% |
| BROWNSTONE INVESTMENT GROUP | $9.4M | 0.12% |
Ginnie Mae Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AGMNX | R5 Class | 0.35% | none |
| AGMHX | I Class | 0.45% | none |
| BGNMX | Investor Class | 0.55% | none |
| BGNAX | A Class | 0.80% | 4.50% |
| AGMWX | R Class | 1.05% | none |
| BGNCX | C Class | 1.55% | 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.