AIISX Fees and Costs — Virtus International Small-Cap Fund, Class R6
Data updated: 2026-08-28
The net expense ratio is 1.00%: a 1.00% management fee plus 0.46% other expenses, less a 0.46% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $67K in broker commissions, 0.1400% of average net assets, and portfolio turnover was 75%.
AIISX Fees and Expenses
Annual operating expenses and sales charges of AIISX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.46% |
| Gross expense ratio | 1.46% |
| Fee waiver | −0.46% |
| Net expense ratio | 1.00% |
| 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 |
AIISX Costs Over Time
On $10,000 invested in AIISX, assuming 5% a year before costs, total costs come to $711 over 5 years, cutting the return by 1.20% 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 1.00%) | $105 | $327 | $566 |
| Trading costs (broker commissions) | $15 | $46 | $79 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $120 | $391 | $711 |
| Value after costs | $10,380 | $11,185 | $12,052 |
| Impact on return, per year | 1.20% | 1.20% | 1.20% |
AIISX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1400%
- Total broker commissions: $67K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 75%
- Securities lending: none during the year
AIISX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $18K | 26.59% |
| CITIGROUP GLOBAL MARKETS INC. | $17K | 25.11% |
| BOFA SECURITIES, INC. | $15K | 23.10% |
| HSBC SECURITIES (USA) INC. | $12K | 18.40% |
| KB Securities Co., Ltd | $1K | 1.78% |
| CLSA Americas, LLC | $1K | 1.74% |
| SANFORD C. BERNSTEIN & CO., LLC | $644 | 0.96% |
| DEUTSCHE BANK SECURITIES INC. | $524 | 0.78% |
| Ichiyoshi Securities Co., Ltd. | $518 | 0.77% |
| Oddo BHF New York Corporation | $514 | 0.77% |
Virtus International Small-Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AIISX | Class R6 | 1.00% | none |
| ALOIX | Institutional Class | 1.04% | none |
| AOPAX | Class A | 1.25% | 5.50% |
| AOPCX | Class C | 2.02% | 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.