CSHZX Fees and Costs — NYLI Cushing MLP Premier Fund, Class I
Data updated: 2026-07-24
The net expense ratio is 1.24%: a 1.10% management fee plus 0.14% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $664K in broker commissions, 0.0615% of average net assets, and portfolio turnover was 31%.
CSHZX Fees and Expenses
Annual operating expenses and sales charges of CSHZX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 1.24% |
| Fee waiver | — |
| Net expense ratio | 1.24% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CSHZX Costs Over Time
On $10,000 invested in CSHZX, assuming 5% a year before costs, total costs come to $809 over 5 years, cutting the return by 1.37% 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 1.24%) | $130 | $405 | $700 |
| Trading costs (broker commissions) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $137 | $446 | $809 |
| Value after costs | $10,363 | $11,130 | $11,954 |
| Impact on return, per year | 1.37% | 1.37% | 1.37% |
CSHZX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0615%
- Total broker commissions: $664K
- Bought from dealers (principal trades, not a cost): $619.3M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
CSHZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $129K | 21.89% |
| J.P. Morgan Securities LLC | $127K | 21.48% |
| BofA Securities, Inc. | $68K | 11.49% |
| UBS Securities LLC | $64K | 10.89% |
| National Financial Services LLC | $44K | 7.51% |
| RBC Capital Markets, LLC | $42K | 7.20% |
| Raymond James & Associates, Inc. | $40K | 6.83% |
| Citigroup Global Markets Inc. | $30K | 5.16% |
| Morgan Stanley & Co. LLC | $25K | 4.18% |
| Instinet, LLC | $20K | 3.37% |
CSHZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $608.4M | 98.24% |
| Citigroup Global Markets Inc. | $5.6M | 0.90% |
| Barclays Capital, Inc. | $5.3M | 0.86% |
NYLI Cushing MLP Premier Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CSHZX | Class I | 1.24% | none |
| CSHNX | Investor Class | 1.46% | 5.00% |
| CSHAX | Class A | 1.49% | 5.50% |
| CSHCX | Class C | 2.21% | none |
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.