FISGX Fees and Costs — Nuveen Small/Mid Cap Growth Opportunities Fund, Class I
Data updated: 2026-09-25
The net expense ratio is 0.88%: a 0.75% management fee plus 0.22% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $245K in broker commissions, 0.1406% of average net assets, and portfolio turnover was 119%.
FISGX Fees and Expenses
Annual operating expenses and sales charges of FISGX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.97% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.88% |
| 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 | Yes |
| Waived fees subject to recoupment | No |
FISGX Costs Over Time
On $10,000 invested in FISGX, assuming 5% a year before costs, total costs come to $638 over 5 years, cutting the return by 1.07% 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 0.88%) | $92 | $288 | $500 |
| Trading costs (broker commissions) | $15 | $46 | $80 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $107 | $351 | $638 |
| Value after costs | $10,393 | $11,225 | $12,125 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
FISGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1406%
- Total broker commissions: $245K
- Bought from dealers (principal trades, not a cost): $427.5M
- Portfolio turnover (prospectus): 119%
- Securities on loan, average value: $867K
- Net income from securities lending: $3K (0.002% of average net assets)
FISGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $40K | 18.74% |
| Jefferies LLC | $35K | 16.16% |
| Robert W. Baird & Co. Incorporated | $22K | 10.44% |
| National Financial Services LLC | $21K | 9.77% |
| Raymond James & Associates Inc. | $21K | 9.70% |
| Wells Fargo Securities, LLC | $18K | 8.62% |
| Cowen and Company | $18K | 8.20% |
| Bank of America, National Association | $16K | 7.52% |
| Morgan Stanley | $15K | 7.21% |
| Instinet LLC | $8K | 3.65% |
FISGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $81.0M | 22.40% |
| Jefferies LLC | $69.7M | 19.28% |
| Bank of America, National Association | $51.1M | 14.15% |
| National Financial Services LLC | $31.5M | 8.71% |
| Robert W. Baird & Co. Incorporated | $30.2M | 8.36% |
| Morgan Stanley | $26.4M | 7.30% |
| Cowen and Company | $23.0M | 6.35% |
| Wells Fargo Securities, LLC | $19.7M | 5.45% |
| Raymond James & Associates Inc. | $19.2M | 5.30% |
| UBS Financial Services Inc. | $9.8M | 2.70% |
Nuveen Small/Mid Cap Growth Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FMEFX | Class R6 | 0.80% | none |
| FISGX | Class I | 0.88% | none |
| FRSLX | Class A | 1.13% | 5.75% |
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.