GTENX Fees and Costs — Gateway Fund, Class N
Data updated: 2026-08-28
The net expense ratio is 0.65%: a 0.59% management fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.0M in broker commissions, 0.0289% of average net assets, and portfolio turnover was 17%.
GTENX Fees and Expenses
Annual operating expenses and sales charges of GTENX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GTENX Costs Over Time
On $10,000 invested in GTENX, assuming 5% a year before costs, total costs come to $427 over 5 years, cutting the return by 0.71% 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) | $3 | $9 | $17 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $234 | $427 |
| Value after costs | $10,429 | $11,342 | $12,335 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
GTENX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0289%
- Total broker commissions: $2.0M
- Bought from dealers (principal trades, not a cost): $28.0B
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
GTENX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $999K | 50.45% |
| BofA Securities, Inc. | $253K | 12.78% |
| Piper Sandler & Co. | $190K | 9.58% |
| Capital Institutional Services, Inc. | $182K | 9.21% |
| TD Securities (USA) LLC | $157K | 7.90% |
| Goldman Sachs & Co. LLC | $110K | 5.54% |
| Robert W. Baird & Co. Incorporated | $90K | 4.53% |
GTENX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $28.0B | 100.00% |
Gateway Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GTENX | Class N | 0.65% | none |
| GTEYX | Class Y | 0.70% | none |
| GATEX | Class A | 0.94% | 5.75% |
| GATTX | Class T | 0.94% | 2.50% |
| GTECX | Class C | 1.70% | 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.