C000232116 Fees and Costs — U.S. Monthly Income Fund for Puerto Rico Residents, Inc., Class P
Data updated: 2026-08-26
The net expense ratio is 2.61%: a 0.87% management fee plus 1.74% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 3%.
C000232116 Fees and Expenses
Annual operating expenses and sales charges of C000232116. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.87% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.74% |
| Gross expense ratio | 2.61% |
| Fee waiver | — |
| Net expense ratio | 2.61% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000232116 Costs Over Time
On $10,000 invested in C000232116, assuming 5% a year before costs, total costs come to $1,581 over 5 years, cutting the return by 2.74% 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 2.61%) | $274 | $841 | $1,434 |
| Lost growth on money paid in costs | $0 | $42 | $147 |
| Total costs | $274 | $883 | $1,581 |
| Value after costs | $10,226 | $10,693 | $11,182 |
| Impact on return, per year | 2.74% | 2.74% | 2.74% |
C000232116 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): $14.9M
- Portfolio turnover (prospectus): 3%
- Securities lending: none during the year
C000232116 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $9.8M | 65.75% |
| Wells Fargo Securities, LLC | $2.3M | 15.12% |
| J.P. Morgan Securities LLC | $1.4M | 9.07% |
| R. Seelaus & Co. Inc | $1.0M | 6.85% |
| Citigroup Global Markets Inc. | $477K | 3.20% |
U.S. Monthly Income Fund for Puerto Rico Residents, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000232116 | Class P | 2.61% | none |
| C000232117 | Class A | 2.61% | 3.75% |
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.