BLRYX Fees and Costs — Brookfield Global Listed Real Estate Fund, Class I
Data updated: 2026-05-29
The net expense ratio is 0.95%: a 0.75% management fee plus 0.43% other expenses, less a 0.23% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $336K in broker commissions, 0.2664% of average net assets, and portfolio turnover was 130%.
BLRYX Fees and Expenses
Annual operating expenses and sales charges of BLRYX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.43% |
| Gross expense ratio | 1.18% |
| Fee waiver | −0.23% |
| Net expense ratio | 0.95% |
| 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 |
BLRYX Costs Over Time
On $10,000 invested in BLRYX, assuming 5% a year before costs, total costs come to $758 over 5 years, cutting the return by 1.28% 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 0.95%) | $100 | $311 | $537 |
| Trading costs (broker commissions) | $28 | $87 | $151 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $128 | $417 | $758 |
| Value after costs | $10,372 | $11,159 | $12,005 |
| Impact on return, per year | 1.28% | 1.28% | 1.28% |
BLRYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.2664%
- Total broker commissions: $336K
- Bought from dealers (principal trades, not a cost): $3.3M
- Portfolio turnover (prospectus): 130%
- Securities lending: none during the year
BLRYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $70K | 28.50% |
| SMBC NIKKO SECURITIES AMERICA INC. | $26K | 10.74% |
| INSTINET LLC | $25K | 10.18% |
| BARCLAYS CAPITAL INC. | $25K | 10.00% |
| J.P. MORGAN SECURITIES LLC | $23K | 9.26% |
| CITIGROUP GLOBAL MARKETS INC. | $17K | 6.70% |
| RAYMOND JAMES & ASSOCIATES INC. | $16K | 6.40% |
| JEFFERIES LLC | $15K | 6.28% |
| UBS SECURITIES LLC | $15K | 5.99% |
| MORGAN STANLEY & CO. LLC | $15K | 5.95% |
BLRYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $1.2M | 36.37% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $1.0M | 30.52% |
| BNY MELLON CAPITAL MARKETS LLC | $434K | 13.20% |
| WELLS FARGO SECURITIES LLC | $293K | 8.91% |
| RBC CAPITAL MARKETS LLC | $216K | 6.55% |
| PIPER SANDLER & CO. | $94K | 2.84% |
| INSTINET LLC | $52K | 1.59% |
Brookfield Global Listed Real Estate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BLRYX | Class I | 0.95% | none |
| BLRAX | Class A | 1.20% | 4.75% |
| BLRCX | Class C | 1.95% | 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.