AMVGX Fees and Costs — Mid Cap Value Fund, R5 Class
Data updated: 2026-08-28
The net expense ratio is 0.78%: a 0.77% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.9M in broker commissions, 0.0295% of average net assets, and portfolio turnover was 62%.
AMVGX Fees and Expenses
Annual operating expenses and sales charges of AMVGX. Prospectus, as of August 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.77% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.78% |
| Fee waiver | — |
| Net expense ratio | 0.78% |
| 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 | No |
AMVGX Costs Over Time
On $10,000 invested in AMVGX, assuming 5% a year before costs, total costs come to $508 over 5 years, cutting the return by 0.85% 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 0.78%) | $82 | $256 | $445 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $279 | $508 |
| Value after costs | $10,415 | $11,297 | $12,255 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
AMVGX 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): 0.0295%
- Total broker commissions: $1.9M
- Bought from dealers (principal trades, not a cost): $23.3B
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $14.0M
- Net income from securities lending: $72K (0.001% of average net assets)
AMVGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $247K | 16.31% |
| BANK OF AMERICA MERRILL LYNCH | $234K | 15.46% |
| BERNSTEIN INSTITUTIONAL SERVICES | $214K | 14.10% |
| CITIGROUP CAPITAL MARKETS INC. | $199K | 13.11% |
| J.P. MORGAN SECURITIES | $192K | 12.70% |
| BARCLAYS CAPITAL | $131K | 8.66% |
| UBS WARBURG | $87K | 5.75% |
| EVERCORE ISI INVESTMENT GROUP | $78K | 5.15% |
| ROBERT W BAIRD | $68K | 4.47% |
| GUZMAN SECURITIES | $65K | 4.28% |
AMVGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS LLC | $17.4B | 74.44% |
| GOLDMAN SACHS | $1.4B | 5.79% |
| MORGAN STANLEY | $1.1B | 4.81% |
| CITIGROUP CAPITAL MARKETS INC. | $891.9M | 3.82% |
| BANK OF AMERICA MERRILL LYNCH | $777.7M | 3.34% |
| BMO CAPITAL MARKETS | $739.5M | 3.17% |
| UBS WARBURG | $631.8M | 2.71% |
| J.P. MORGAN SECURITIES | $400.7M | 1.72% |
| JEFFERIES LLC | $24.1M | 0.10% |
| TORONTO-DOMINION CORP | $22.8M | 0.10% |
Mid Cap 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 |
|---|---|---|---|
| ACIPX | G Class | 0.01% | none |
| AMDVX | R6 Class | 0.63% | none |
| AMVYX | Y Class | 0.63% | none |
| AMVGX | R5 Class | 0.78% | none |
| AVUAX | I Class | 0.78% | none |
| ACMVX | Investor Class | 0.98% | none |
| ACLAX | A Class | 1.23% | 5.75% |
| AMVRX | R Class | 1.48% | none |
| ACCLX | C Class | 1.98% | 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.