FAOOX Fees and Costs — Investment CO of America, Class 529-F-3
Data updated: 2026-08-27
The net expense ratio is 0.32%: a 0.23% management fee plus 0.09% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $18.3M in broker commissions, 0.0111% of average net assets, and portfolio turnover was 31%.
FAOOX Fees and Expenses
Annual operating expenses and sales charges of FAOOX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.32% |
| Fee waiver | — |
| Net expense ratio | 0.32% |
| 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 |
FAOOX Costs Over Time
On $10,000 invested in FAOOX, assuming 5% a year before costs, total costs come to $210 over 5 years, cutting the return by 0.35% 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 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $35 | $115 | $210 |
| Value after costs | $10,465 | $11,462 | $12,553 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
FAOOX 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): 0.0111%
- Total broker commissions: $18.3M
- Bought from dealers (principal trades, not a cost): $4.6B
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $174.1M
- Net income from securities lending: $1.1M (0.001% of average net assets)
FAOOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2.0M | 16.79% |
| Goldman Sachs & Co. LLC | $1.6M | 13.36% |
| Morgan Stanley & Co. LLC | $1.6M | 13.18% |
| Bank of America, N.A. | $1.4M | 11.32% |
| Jefferies & Company Inc. | $1.3M | 11.06% |
| Citigroup Global Markets Inc. | $1.1M | 9.15% |
| RBC Capital Markets LLC | $848K | 7.07% |
| Barclays Bank PLC | $818K | 6.82% |
| UBS AG | $678K | 5.65% |
| TD Securities (USA) | $672K | 5.61% |
FAOOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.8B | 39.87% |
| FTN Financial Securities Corp. | $924.9M | 20.13% |
| Citigroup Global Markets Inc. | $909.5M | 19.80% |
| Morgan Stanley & Co. LLC | $459.3M | 10.00% |
| Bank of America, N.A. | $214.2M | 4.66% |
| Goldman Sachs & Co. LLC | $170.6M | 3.71% |
| Barclays Bank PLC | $54.7M | 1.19% |
| Banco Santander S.A. | $29.5M | 0.64% |
Investment CO of America Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FFICX | Class F-3 | 0.27% | none |
| RICGX | Class R-6 | 0.27% | none |
| FAOOX | Class 529-F-3 | 0.32% | none |
| RICFX | Class R-5 | 0.32% | none |
| FCIAX | Class 529-F-2 | 0.36% | none |
| ICAFX | Class F-2 | 0.37% | none |
| RICHX | Class R-5E | 0.41% | none |
| AIVSX | Class A | 0.55% | 5.75% |
| TICAX | Class T | 0.56% | 2.50% |
| CICAX | Class 529-A | 0.59% | 3.50% |
| RICEX | Class R-4 | 0.61% | none |
| TIACX | Class 529-T | 0.61% | 2.50% |
| AICFX | Class F-1 | 0.62% | none |
| CICFX | Class 529-F-1 | 0.68% | none |
| CICEX | Class 529-E | 0.83% | none |
| RICCX | Class R-3 | 0.91% | none |
| RIBEX | Class R-2E | 1.06% | none |
| AICCX | Class C | 1.31% | none |
| RICAX | Class R-1 | 1.33% | none |
| CICCX | Class 529-C | 1.35% | none |
| RICBX | Class R-2 | 1.36% | 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.