EMRGX Fees and Costs — Emerging Markets Equities Fund INC, Class M
Data updated: 2026-09-14
The net expense ratio is 0.71%: a 0.62% management fee plus 0.20% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $560K in broker commissions, 0.1035% of average net assets, and portfolio turnover was 46%.
EMRGX Fees and Expenses
Annual operating expenses and sales charges of EMRGX. Prospectus, as of August 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.62% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.82% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.71% |
| 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 | No |
EMRGX Costs Over Time
On $10,000 invested in EMRGX, assuming 5% a year before costs, total costs come to $511 over 5 years, cutting the return by 0.85% 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 0.71%) | $75 | $233 | $405 |
| Trading costs (broker commissions) | $11 | $34 | $59 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $280 | $511 |
| Value after costs | $10,415 | $11,296 | $12,252 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
EMRGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1035%
- Total broker commissions: $560K
- Bought from dealers (principal trades, not a cost): $9.5M
- Portfolio turnover (prospectus): 46%
- Securities on loan, average value: $801K
- Net income from securities lending: $132K (0.024% of average net assets)
EMRGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $79K | 18.59% |
| Citigroup Global Markets Inc. | $53K | 12.63% |
| Bank of America, N.A. | $49K | 11.55% |
| CLSA B.V. | $43K | 10.04% |
| Morgan Stanley & Co. LLC | $42K | 9.92% |
| J.P. Morgan Securities LLC | $39K | 9.20% |
| Macquarie Bank Limited | $38K | 9.05% |
| HSBC Holdings PLC | $28K | 6.63% |
| UBS AG | $27K | 6.37% |
| Jefferies & Company Inc. | $25K | 6.02% |
EMRGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jefferies & Company Inc. | $4.1M | 42.66% |
| Citigroup Global Markets Inc. | $1.9M | 20.16% |
| CLSA B.V. | $1.5M | 15.96% |
| UBS AG | $1.2M | 12.41% |
| J.P. Morgan Securities LLC | $676K | 7.10% |
| Morgan Stanley & Co. LLC | $162K | 1.71% |
Emerging Markets Equities Fund INC Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| EMRGX | Class M | 0.71% | none |
| EMGEX | Class F-3 | 0.74% | none |
| REFGX | Class R-6 | 0.74% | none |
| EMEEX | Class F-2 | 0.84% | 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.