FFUMX Fees and Costs — Select Utilities Portfolio, Class M
Data updated: 2026-07-24
The net expense ratio is 1.18%: a 0.66% management fee, a 0.50% 12b-1 fee plus 0.02% other expenses. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2026 the fund paid $1.0M in broker commissions, 0.0378% of average net assets, and portfolio turnover was 76%.
FFUMX Fees and Expenses
Annual operating expenses and sales charges of FFUMX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.02% |
| Gross expense ratio | 1.18% |
| Fee waiver | — |
| Net expense ratio | 1.18% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FFUMX Costs Over Time
On $10,000 invested in FFUMX, assuming 5% a year before costs, total costs come to $1,179 over 5 years, cutting the return by 2.02% 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 |
| Sales charges | $350 | $350 | $350 |
| Fund expenses (net expense ratio 1.18%) | $120 | $372 | $644 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $17 | $74 | $164 |
| Total costs | $491 | $808 | $1,179 |
| Value after costs | $10,009 | $10,768 | $11,584 |
| Impact on return, per year | 4.91% | 2.50% | 2.02% |
FFUMX 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): 0.0378%
- Total broker commissions: $1.0M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $55.7M
- Net income from securities lending: $52K (0.002% of average net assets)
FFUMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ROYAL BANK OF CANADA | $138K | 19.36% |
| CITIGROUP INC | $104K | 14.55% |
| GOLDMAN SACHS GROUP INC (THE) | $76K | 10.64% |
| MORGAN STANLEY | $74K | 10.35% |
| BANK OF AMERICA CORPORATION | $71K | 10.00% |
| JPMORGAN CHASE and CO | $67K | 9.38% |
| BARCLAYS PLC | $55K | 7.73% |
| JEFFERIES FINANCIAL GROUP INC | $51K | 7.18% |
| UBS GROUP AG | $44K | 6.19% |
| BNP PARIBAS | $33K | 4.62% |
Select Utilities Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FFUZX | Class Z | 0.56% | none |
| FSUTX | Select Utilities Portfolio | 0.64% | — |
| FFUIX | Class I | 0.68% | none |
| FFUAX | Class A | 0.93% | 5.75% |
| FFUMX | Class M | 1.18% | 3.50% |
| FFUCX | Class C | 1.69% | 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.