MCMXX Fees and Costs — MFS U.S. Government Money Market Fund, Class A
Data updated: 2025-12-29
The net expense ratio is 0.45%: a 0.40% management fee plus 0.20% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees.
MCMXX Fees and Expenses
Annual operating expenses and sales charges of MCMXX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | — |
| Other expenses | 0.20% |
| Gross expense ratio | 0.60% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.45% |
| 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 | No |
MCMXX Costs Over Time
On $10,000 invested in MCMXX, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% 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 0.45%) | $47 | $148 | $259 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,421 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
MCMXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $14.6B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
MCMXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $13.1B | 90.14% |
| BNY Capital Markets, LLC | $607.7M | 4.17% |
| Barclays Capital Inc. | $339.7M | 2.33% |
| Citigroup Global Markets Inc. | $193.2M | 1.33% |
| UBS Securities LLC | $92.8M | 0.64% |
| J.P. Morgan Securities LLC | $73.4M | 0.50% |
| BMO Capital Markets Corp. | $55.2M | 0.38% |
| Morgan Stanley & Co. LLC | $48.6M | 0.33% |
| Nomura Securities International, Inc. | $13.6M | 0.09% |
| Goldman Sachs & Co. LLC | $12.3M | 0.08% |
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.