CNIXX Fees and Costs — City National Rochdale Government Money Market Fund, Servicing Class
Data updated: 2026-01-28
The net expense ratio is 0.34%: a 0.26% management fee plus 0.30% other expenses, less a 0.22% fee waiver. There are no sales loads or redemption fees.
CNIXX Fees and Expenses
Annual operating expenses and sales charges of CNIXX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.26% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 0.56% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.34% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CNIXX Costs Over Time
On $10,000 invested in CNIXX, assuming 5% a year before costs, total costs come to $215 over 5 years, cutting the return by 0.36% 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 0.34%) | $36 | $112 | $196 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $36 | $118 | $215 |
| Value after costs | $10,464 | $11,459 | $12,547 |
| Impact on return, per year | 0.36% | 0.36% | 0.36% |
CNIXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $63.3B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
CNIXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO FIXED | $8.1B | 14.87% |
| BARCLAY BANK PLC | $7.0B | 12.98% |
| CHASE SECURITIES, INC. | $6.4B | 11.77% |
| BAML | $5.7B | 10.44% |
| NOMURA | $5.5B | 10.11% |
| GOLDMAN, SACHS & CO. | $5.2B | 9.62% |
| MORGAN STANLEY & CO, INC | $5.2B | 9.59% |
| DAIWA SECURITIES AMERICA, INC. | $4.7B | 8.61% |
| WACHOVIA SECURITIES, INC. | $3.6B | 6.62% |
| BANK OF NEW YORK | $2.9B | 5.38% |
City National Rochdale Government Money Market Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CNIXX | Servicing Class | 0.34% | — |
| CNGXX | Class N | 0.66% | — |
| CNFXX | Class S | 0.79% | — |
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.