FBSOX Fees and Costs — Select Enterprise Technology Services Portfolio
Data updated: 2026-07-24
The net expense ratio is 0.65%: a 0.64% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $216K in broker commissions, 0.0148% of average net assets, and portfolio turnover was 57%.
FBSOX Fees and Expenses
Annual operating expenses and sales charges of FBSOX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FBSOX Costs Over Time
On $10,000 invested in FBSOX, assuming 5% a year before costs, total costs come to $419 over 5 years, cutting the return by 0.70% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $229 | $419 |
| Value after costs | $10,430 | $11,347 | $12,344 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
FBSOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0148%
- Total broker commissions: $216K
- Bought from dealers (principal trades, not a cost): $725K
- Portfolio turnover (prospectus): 57%
- Securities on loan, average value: $29.3M
- Net income from securities lending: $27K (0.002% of average net assets)
FBSOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $30K | 18.30% |
| MORGAN STANLEY | $22K | 13.19% |
| BANK OF AMERICA CORPORATION | $19K | 11.65% |
| UBS GROUP AG | $18K | 11.11% |
| BARCLAYS PLC | $18K | 10.56% |
| JPMORGAN CHASE and CO | $15K | 8.80% |
| CITIGROUP INC | $13K | 7.82% |
| JEFFERIES FINANCIAL GROUP INC | $12K | 7.10% |
| VIRTU FINANCIAL INC | $10K | 6.29% |
| ROYAL BANK OF CANADA | $9K | 5.18% |
FBSOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $372K | 51.26% |
| GOLDMAN SACHS GROUP INC (THE) | $140K | 19.37% |
| CITIGROUP INC | $120K | 16.61% |
| JEFFERIES FINANCIAL GROUP INC | $92K | 12.76% |
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.