MICOX Fees and Costs — Capital Group Municipal Income Completion Fund, Share class
Data updated: 2026-08-27
The net expense ratio is 0.00%. There are no sales loads or redemption fees. Portfolio turnover was 28%.
MICOX Fees and Expenses
Annual operating expenses and sales charges of MICOX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| 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 | No |
MICOX Costs Over Time
On $10,000 invested in MICOX, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
MICOX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $107.7M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
MICOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Bank PLC | $27.5M | 29.14% |
| J.P. Morgan Securities LLC | $24.6M | 26.12% |
| Bank of America, N.A. | $17.1M | 18.18% |
| Wells Fargo Securities, LLC | $11.2M | 11.89% |
| Truist Securities, Inc. | $3.5M | 3.77% |
| RBC Capital Markets LLC | $2.5M | 2.64% |
| Raymond James Financial, Inc. | $2.2M | 2.35% |
| Morgan Stanley & Co. LLC | $2.0M | 2.17% |
| FTN Financial Securities Corp. | $1.9M | 2.03% |
| TD Securities (USA) | $1.6M | 1.71% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.