LPCYX Fees and Costs — MetLife Core Plus Fund, R Shares
Data updated: 2026-09-28
The net expense ratio is 0.70%: a 0.40% management fee plus 0.67% other expenses, less a 0.37% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0025% of average net assets, and portfolio turnover was 198%.
LPCYX Fees and Expenses
Annual operating expenses and sales charges of LPCYX. Prospectus, as of May 8, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | — |
| Other expenses | 0.67% |
| Gross expense ratio | 1.07% |
| Fee waiver | −0.37% |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LPCYX Costs Over Time
On $10,000 invested in LPCYX, assuming 5% a year before costs, total costs come to $442 over 5 years, cutting the return by 0.74% 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $242 | $442 |
| Value after costs | $10,426 | $11,334 | $12,321 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
LPCYX 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): 0.0025%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $549.0M
- Portfolio turnover (prospectus): 198%
- Securities lending: none during the year
LPCYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| HSBC | $3K | 100.00% |
LPCYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MONTGOMERY/BANK OF AMERICA | $63.6M | 18.52% |
| HSBC | $53.6M | 15.62% |
| GOLDMAN, SACHS & CO. | $39.6M | 11.55% |
| BNP PARIBAS | $35.4M | 10.30% |
| CHASE SECURITIES, INC. | $33.4M | 9.74% |
| CITADEL | $29.6M | 8.61% |
| RBC CAPITAL | $26.0M | 7.58% |
| MORGAN STANLEY & CO, INC | $21.5M | 6.26% |
| BMO CAPITAL | $21.2M | 6.17% |
| BARCLAY BANK PLC | $19.4M | 5.65% |
MetLife Core Plus Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LPCIX | I Shares | 0.45% | — |
| LPCYX | R Shares | 0.70% | — |
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.