LFTOX Fees and Costs — Lincoln U.S. Equity Income Maximizer Fund, Class A
Data updated: 2026-09-29
The net expense ratio is 1.32%: a 0.85% management fee, a 0.25% 12b-1 fee plus 3.75% other expenses, less a 3.53% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $6K in broker commissions, 0.0308% of average net assets, and portfolio turnover was 18%.
LFTOX Fees and Expenses
Annual operating expenses and sales charges of LFTOX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.75% |
| Gross expense ratio | 4.85% |
| Fee waiver | −3.53% |
| Net expense ratio | 1.32% |
| 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 | Yes |
LFTOX Costs Over Time
On $10,000 invested in LFTOX, assuming 5% a year before costs, total costs come to $839 over 5 years, cutting the return by 1.42% 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 1.32%) | $139 | $431 | $744 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $142 | $463 | $839 |
| Value after costs | $10,358 | $11,113 | $11,924 |
| Impact on return, per year | 1.42% | 1.42% | 1.42% |
LFTOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0308%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $1.5M
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
LFTOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $5K | 96.98% |
| BofA Securities, Inc. | $134 | 2.39% |
| Goldman Sachs & Co. LLC | $17 | 0.30% |
| J.P. Morgan Securities LLC | $12 | 0.22% |
| UBS Securities LLC | $5 | 0.08% |
| Nomura Securities International, Inc. | $1 | 0.03% |
LFTOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1.5M | 100.00% |
| State Street Bank and Trust Company | $3 | 0.00% |
Lincoln U.S. Equity Income Maximizer Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LFTPX | Class I | 1.07% | none |
| LFTOX | Class A | 1.32% | 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.