BRLVX Fees and Costs — American Beacon Man Large Cap Value Fund, R5 Class
Data updated: 2026-08-11
The net expense ratio is 0.72%: a 0.55% management fee plus 0.17% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $41K in broker commissions, 0.0180% of average net assets, and portfolio turnover was 34%.
BRLVX Fees and Expenses
Annual operating expenses and sales charges of BRLVX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.72% |
| Fee waiver | — |
| Net expense ratio | 0.72% |
| 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 |
BRLVX Costs Over Time
On $10,000 invested in BRLVX, assuming 5% a year before costs, total costs come to $464 over 5 years, cutting the return by 0.77% 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 0.72%) | $76 | $237 | $411 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $254 | $464 |
| Value after costs | $10,423 | $11,322 | $12,299 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
BRLVX 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): 0.0180%
- Total broker commissions: $41K
- Bought from dealers (principal trades, not a cost): $176.3M
- Portfolio turnover (prospectus): 34%
- Securities on loan, average value: $1.1M
- Net income from securities lending: $1K (0.001% of average net assets)
BRLVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $13K | 31.41% |
| Citigroup Global Markets Inc. | $13K | 30.87% |
| J.P. Morgan Securities LLC | $11K | 25.70% |
| Goldman Sachs & Co. LLC | $3K | 7.34% |
| Piper Sandler & Co. | $909 | 2.20% |
| UBS Securities LLC | $646 | 1.56% |
| BofA Securities, Inc. | $247 | 0.60% |
| Jefferies LLC | $131 | 0.32% |
| Nomura Securities International, Inc. | $7 | 0.02% |
BRLVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $176.3M | 100.00% |
American Beacon Man Large 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 |
|---|---|---|---|
| BWLRX | R6 Class | 0.68% | none |
| BRLVX | R5 Class | 0.72% | none |
| BWLYX | Y Class | 0.78% | none |
| BWLIX | Investor Class | 1.04% | none |
| BWLAX | A Class | 1.05% | 5.75% |
| BWLCX | C Class | 1.81% | 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.