C000025746 Fees and Costs — Moa Balanced Fund
Data updated: 2026-08-27
The net expense ratio is 0.57%: a 0.40% management fee plus 0.17% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $9K in broker commissions, 0.0043% of average net assets, and portfolio turnover was 31%.
C000025746 Fees and Expenses
Annual operating expenses and sales charges of C000025746. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | — |
| Other expenses | 0.17% |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| 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 |
C000025746 Costs Over Time
On $10,000 invested in C000025746, assuming 5% a year before costs, total costs come to $362 over 5 years, cutting the return by 0.60% 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) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $198 | $362 |
| Value after costs | $10,440 | $11,378 | $12,401 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
C000025746 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): 0.0043%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $549.7M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
C000025746 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| STIFEL NICHOLAS & CO., INC. | $2K | 27.13% |
| JEFFERIES LLC | $1K | 13.65% |
| FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | $1K | 13.48% |
| Merrill Lynch Pierce Fenner & Smith Inc | $850 | 9.78% |
| Raymond James (USA) Ltd. | $836 | 9.62% |
| BNY MELLON CAPITAL MARKETS, LLC | $647 | 7.44% |
| WILLIAM BLAIR & COMPANY, L.L.C. | $595 | 6.85% |
| GOLDMAN SACHS & CO. LLC | $532 | 6.12% |
| RBC CAPITAL MARKETS, LLC | $377 | 4.34% |
| JP MORGAN SECURITIES LLC | $139 | 1.60% |
C000025746 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JP MORGAN SECURITIES LLC | $198.7M | 37.83% |
| BARCLAYS CAPITAL, INC. | $96.8M | 18.43% |
| Wells Fargo Securities LLC | $77.1M | 14.68% |
| Merrill Lynch Pierce Fenner & Smith Inc | $54.8M | 10.43% |
| GOLDMAN SACHS & CO. LLC | $48.2M | 9.17% |
| Mizuho Securities USA LLC | $23.4M | 4.45% |
| CITADEL SECURITIES LLC | $11.7M | 2.22% |
| BNY MELLON CAPITAL MARKETS, LLC | $8.3M | 1.59% |
| MORGAN STANLEY & CO. LLC | $3.3M | 0.63% |
| Robert W. Baird & Co. Incorporated | $3.0M | 0.57% |
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.