C000025739 Fees and Costs — Moa Core Bond Fund
Data updated: 2026-08-27
The net expense ratio is 0.45%: a 0.39% management fee plus 0.06% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 34%.
C000025739 Fees and Expenses
Annual operating expenses and sales charges of C000025739. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | — |
| Other expenses | 0.06% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000025739 Costs Over Time
On $10,000 invested in C000025739, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% 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 0.45%) | $47 | $148 | $259 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,421 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
C000025739 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $2.8B
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
C000025739 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $501.6M | 23.75% |
| Wells Fargo Securities LLC | $409.1M | 19.37% |
| BARCLAYS CAPITAL, INC. | $406.0M | 19.22% |
| Merrill Lynch Pierce Fenner & Smith Inc | $298.7M | 14.14% |
| BNY MELLON CAPITAL MARKETS, LLC | $171.5M | 8.12% |
| CITADEL SECURITIES LLC | $121.7M | 5.76% |
| Robert W. Baird & Co. Incorporated | $70.9M | 3.36% |
| MORGAN STANLEY & CO. LLC | $66.3M | 3.14% |
| Mizuho Securities USA LLC | $66.1M | 3.13% |
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.