CCMPX Fees and Costs — Capital Group Core Municipal Fund, Share class
Data updated: 2022-09-28
The net expense ratio is 0.28%: a 0.25% management fee plus 0.03% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 48%.
CCMPX Fees and Expenses
Annual operating expenses and sales charges of CCMPX. Prospectus, as of October 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.28% |
| Fee waiver | — |
| Net expense ratio | 0.28% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| 30-day yield | 0.56% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CCMPX Costs Over Time
On $10,000 invested in CCMPX, assuming 5% a year before costs, total costs come to $178 over 5 years, cutting the return by 0.29% 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 0.28%) | $29 | $92 | $162 |
| Lost growth on money paid in costs | $0 | $5 | $16 |
| Total costs | $29 | $97 | $178 |
| Value after costs | $10,471 | $11,479 | $12,585 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
CCMPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $890.0M
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
CCMPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America, N.A. | $261.0M | 33.24% |
| J.P. Morgan Securities LLC | $116.3M | 14.81% |
| Wells Fargo Securities, LLC | $83.0M | 10.57% |
| Barclays Bank PLC | $74.6M | 9.51% |
| Morgan Stanley & Co. LLC | $69.6M | 8.86% |
| Citigroup Global Markets Inc. | $55.3M | 7.04% |
| RBC Capital Markets LLC | $51.7M | 6.58% |
| Goldman Sachs & Co. LLC | $30.0M | 3.81% |
| Stifel, Nicolaus & Company, Inc. | $26.5M | 3.37% |
| Jefferies & Company Inc. | $17.4M | 2.21% |
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.