C000004306 Fees and Costs — Strategic Bond Fund, Class E
Data updated: 2026-09-25
The net expense ratio is 0.85%: a 0.47% management fee plus 0.53% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $369K in broker commissions, 0.0185% of average net assets, and portfolio turnover was 56%.
C000004306 Fees and Expenses
Annual operating expenses and sales charges of C000004306. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.85% |
| 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 |
C000004306 Costs Over Time
On $10,000 invested in C000004306, assuming 5% a year before costs, total costs come to $545 over 5 years, cutting the return by 0.91% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $299 | $545 |
| Value after costs | $10,409 | $11,277 | $12,218 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
C000004306 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0185%
- Total broker commissions: $369K
- Bought from dealers (principal trades, not a cost): $10.5B
- Portfolio turnover (prospectus): 56%
- Securities lending: none during the year
C000004306 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $170K | 46.07% |
| J.P. Morgan Securities LLC | $169K | 45.78% |
| Citigroup Global Markets Inc. | $30K | 8.16% |
C000004306 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $3.1B | 32.03% |
| J.P. Morgan Securities LLC | $2.1B | 21.61% |
| Morgan Stanley & Co. LLC | $2.1B | 21.58% |
| Barclays Capital Inc. | $878.2M | 9.12% |
| BMO Capital Markets Corp. | $480.7M | 4.99% |
| BofA Securities, Inc. | $459.6M | 4.77% |
| Citigroup Global Markets Inc. | $171.5M | 1.78% |
| Goldman Sachs & Co. LLC | $171.4M | 1.78% |
| Daiwa Capital Markets America Inc. | $120.9M | 1.26% |
| Credit Agricole Securities (USA) Inc. | $104.2M | 1.08% |
Strategic Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RFCYX | Class Y | 0.42% | none |
| RSBRX | Class R6 | 0.45% | none |
| RSYTX | Class M | 0.46% | none |
| RFCTX | Class S | 0.56% | none |
| RFDAX | Class A | 0.83% | 3.75% |
| C000004306 | Class E | 0.85% | none |
| RFCCX | Class C | 1.58% | 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.