ASDCX Fees and Costs — AAM HIMCO Short Duration Income Fund, Class C
Data updated: 2026-09-10
The net expense ratio is 1.60%: a 0.38% management fee, a 1.00% 12b-1 fee plus 0.30% other expenses, less a 0.09% fee waiver. This share class carries a deferred sales charge of up to 1.00% and a redemption fee of 1.00%. In fiscal 2026 the fund paid $115 in broker commissions, and portfolio turnover was 40%.
ASDCX Fees and Expenses
Annual operating expenses and sales charges of ASDCX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.69% |
| Fee waiver | −0.09% |
| Net expense ratio | 1.60% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ASDCX Costs Over Time
On $10,000 invested in ASDCX, assuming 5% a year before costs, total costs come to $989 over 5 years, cutting the return by 1.68% 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 1.60%) | $168 | $521 | $898 |
| Lost growth on money paid in costs | $0 | $26 | $91 |
| Total costs | $271 | $547 | $989 |
| Value after costs | $10,229 | $11,029 | $11,774 |
| Impact on return, per year | 2.71% | 1.68% | 1.68% |
ASDCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $115
- Bought from dealers (principal trades, not a cost): $173.1M
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
ASDCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $115 | 100.00% |
ASDCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $27.9M | 19.15% |
| BOFA SECURITIES, INC. | $25.6M | 17.58% |
| WILLIAM BLAIR & COMPANY L.L.C. | $22.3M | 15.29% |
| CITIGROUP GLOBAL MARKETS INC. | $15.8M | 10.87% |
| MORGAN STANLEY | $14.0M | 9.62% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $13.3M | 9.16% |
| GOLDMAN SACHS & CO. LLC | $9.1M | 6.24% |
| RBC CAPITAL MARKETS, LLC | $7.0M | 4.80% |
| BARCLAYS CAPITAL INC. | $5.3M | 3.66% |
| Paradigm Capital | $5.3M | 3.64% |
AAM HIMCO Short Duration Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ASDIX | Class I | 0.60% | none |
| ASDAX | Class A | 0.85% | 2.50% |
| ASDCX | Class C | 1.60% | 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.