FTUAX Fees and Costs — Select Telecommunications Portfolio, Class A
Data updated: 2026-07-24
The net expense ratio is 1.04%: a 0.71% management fee, a 0.25% 12b-1 fee plus 0.08% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $151K in broker commissions, 0.0631% of average net assets, and portfolio turnover was 65%.
FTUAX Fees and Expenses
Annual operating expenses and sales charges of FTUAX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.71% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.08% |
| Gross expense ratio | 1.04% |
| Fee waiver | — |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FTUAX Costs Over Time
On $10,000 invested in FTUAX, assuming 5% a year before costs, total costs come to $1,383 over 5 years, cutting the return by 2.38% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.04%) | $103 | $321 | $556 |
| Trading costs (broker commissions) | $6 | $19 | $34 |
| Lost growth on money paid in costs | $29 | $107 | $218 |
| Total costs | $713 | $1,023 | $1,383 |
| Value after costs | $9,787 | $10,554 | $11,380 |
| Impact on return, per year | 7.13% | 3.19% | 2.38% |
FTUAX 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): 0.0631%
- Total broker commissions: $151K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 65%
- Securities on loan, average value: $20.8M
- Net income from securities lending: $90K (0.037% of average net assets)
FTUAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $21K | 17.98% |
| GOLDMAN SACHS GROUP INC (THE) | $20K | 17.51% |
| MORGAN STANLEY | $13K | 11.13% |
| JPMORGAN CHASE and CO | $13K | 11.10% |
| UBS GROUP AG | $11K | 9.20% |
| BARCLAYS PLC | $10K | 8.85% |
| JEFFERIES FINANCIAL GROUP INC | $8K | 7.03% |
| CITIGROUP INC | $8K | 6.98% |
| VIRTU FINANCIAL INC | $7K | 5.90% |
| GUGGENHEIM CAPITAL LLC | $5K | 4.34% |
Select Telecommunications Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIJGX | Class Z | 0.64% | none |
| FSTCX | Select Telecommunications Portfolio | 0.74% | — |
| FTUIX | Class I | 0.74% | none |
| FTUAX | Class A | 1.04% | 5.75% |
| FTUTX | Class M | 1.29% | 3.50% |
| FTUCX | Class C | 1.79% | 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.