MFHVX Fees and Costs — MetLife Opportunistic High Yield Fund, Investor Shares
Data updated: 2026-08-28
The net expense ratio is 1.00%: a 0.55% management fee, a 0.25% 12b-1 fee plus 0.55% other expenses, less a 0.35% fee waiver. This share class carries a redemption fee of 1.00%. In fiscal 2025 the fund paid $1K in broker commissions, 0.0009% of average net assets, and portfolio turnover was 66%.
MFHVX Fees and Expenses
Annual operating expenses and sales charges of MFHVX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.55% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.35% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
MFHVX Costs Over Time
On $10,000 invested in MFHVX, assuming 5% a year before costs, total costs come to $626 over 5 years, cutting the return by 1.05% 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 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $344 | $626 |
| Value after costs | $10,395 | $11,232 | $12,137 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
MFHVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0009%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $144.1M
- Portfolio turnover (prospectus): 66%
- Securities lending: none during the year
MFHVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS BANK | $1K | 71.43% |
| GOLDMAN SACHS AND CO | $200 | 14.29% |
| CITIGROUP | $200 | 14.29% |
MFHVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CHASE BANK | $18.3M | 17.63% |
| GOLDMAN, SACHS & CO. | $14.8M | 14.25% |
| JEFFERIES LLC | $13.9M | 13.34% |
| MORGAN STANLEY & CO, INC | $13.3M | 12.84% |
| BANK OF AMERICA | $12.0M | 11.50% |
| CITIGROUP | $7.0M | 6.69% |
| BARCLAY BANK PLC | $6.9M | 6.63% |
| WALLACHBETH CAPITAL | $6.3M | 6.07% |
| RBC CAPITAL | $6.0M | 5.79% |
| MARKET AXESS | $5.5M | 5.27% |
MetLife Opportunistic High Yield Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MFHIX | Institutional Shares | 0.75% | — |
| MFHVX | Investor Shares | 1.00% | — |
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.