FMVFX Fees and Costs — Matson Money Fixed Income VI Fund, Institutional Class
Data updated: 2026-07-28
The net expense ratio is 0.86%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $2K in broker commissions, 0.0066% of average net assets, and portfolio turnover was 19%.
FMVFX Fees and Expenses
Annual operating expenses and sales charges of FMVFX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.25% |
| Gross expense ratio | 0.86% |
| Fee waiver | — |
| Net expense ratio | 0.86% |
| 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 | Yes |
FMVFX Costs Over Time
On $10,000 invested in FMVFX, assuming 5% a year before costs, total costs come to $544 over 5 years, cutting the return by 0.91% 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 0.86%) | $90 | $282 | $490 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $298 | $544 |
| Value after costs | $10,409 | $11,278 | $12,219 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
FMVFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0066%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $3.1M
- Portfolio turnover (prospectus): 19%
- Securities on loan, average value: $1.7M
- Net income from securities lending: $5K (0.019% of average net assets)
FMVFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS LLC | $2K | 100.00% |
FMVFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| DFA SECURITIES LLC | $3.1M | 99.34% |
| BNY MELLON CAPITAL MARKETS LLC | $21K | 0.66% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.