ASIEX Fees and Costs — Multisector Income Fund, Investor Class
Data updated: 2026-08-28
The net expense ratio is 0.57%: a 0.55% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $12K in broker commissions, 0.0115% of average net assets, and portfolio turnover was 162%.
ASIEX Fees and Expenses
Annual operating expenses and sales charges of ASIEX. Prospectus, as of August 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| 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 |
ASIEX Costs Over Time
On $10,000 invested in ASIEX, assuming 5% a year before costs, total costs come to $367 over 5 years, cutting the return by 0.61% 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 0.57%) | $60 | $188 | $327 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $201 | $367 |
| Value after costs | $10,439 | $11,375 | $12,396 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
ASIEX 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): 0.0115%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 162%
- Securities on loan, average value: $3.1M
- Net income from securities lending: $12K (0.011% of average net assets)
ASIEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA MERRILL LYNCH | $9K | 69.18% |
| CITADEL SECURITIES CSHC US LLC | $2K | 15.11% |
| JANE STREET GROUP LLC | $901 | 7.25% |
| J.P. MORGAN SECURITIES | $626 | 5.04% |
| MORGAN STANLEY | $184 | 1.48% |
| BERNSTEIN INSTITUTIONAL SERVICES | $102 | 0.82% |
| JEFFERIES LLC | $72 | 0.58% |
| FLOW TRADERS US LLC | $68 | 0.54% |
ASIEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS LLC | $671.1M | 75.45% |
| J.P. MORGAN SECURITIES | $47.5M | 5.34% |
| BANK OF AMERICA MERRILL LYNCH | $31.7M | 3.56% |
| BMO CAPITAL MARKETS | $26.1M | 2.93% |
| BARCLAYS CAPITAL | $23.0M | 2.58% |
| MORGAN STANLEY | $22.2M | 2.50% |
| CITIGROUP CAPITAL MARKETS INC. | $20.1M | 2.26% |
| GOLDMAN SACHS | $18.8M | 2.12% |
| WELLS FARGO SECURITIES | $14.8M | 1.66% |
| DEUTSCHE BANK | $14.2M | 1.60% |
Multisector 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 |
|---|---|---|---|
| ASIPX | R6 Class | 0.32% | none |
| ASIJX | R5 Class | 0.37% | none |
| ASYIX | Y Class | 0.37% | none |
| ASIGX | I Class | 0.47% | none |
| ASIEX | Investor Class | 0.57% | none |
| ASIQX | A Class | 0.82% | 4.50% |
| ASIWX | R Class | 1.07% | none |
| ASIHX | C Class | 1.57% | 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.