MLOZX Fees and Costs — Cohen & Steers Future of Energy Fund, Inc., Class Z
Data updated: 2026-07-29
The net expense ratio is 0.90%: a 0.80% management fee plus 0.41% other expenses, less a 0.31% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $163K in broker commissions, 0.1347% of average net assets, and portfolio turnover was 115%.
MLOZX Fees and Expenses
Annual operating expenses and sales charges of MLOZX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.41% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.31% |
| Net expense ratio | 0.90% |
| 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 |
MLOZX Costs Over Time
On $10,000 invested in MLOZX, assuming 5% a year before costs, total costs come to $647 over 5 years, cutting the return by 1.09% 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 0.90%) | $94 | $295 | $511 |
| Trading costs (broker commissions) | $14 | $44 | $76 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $109 | $356 | $647 |
| Value after costs | $10,391 | $11,221 | $12,116 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
MLOZX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1347%
- Total broker commissions: $163K
- Bought from dealers (principal trades, not a cost): $94.2M
- Portfolio turnover (prospectus): 115%
- Securities lending: none during the year
MLOZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $42K | 27.26% |
| RBC Capital Markets, LLC | $31K | 20.30% |
| BofA Securities, Inc. | $21K | 13.48% |
| SG Americas Securities, LLC | $17K | 11.19% |
| Morgan Stanley & Co. LLC | $14K | 9.02% |
| Wells Fargo Securities, LLC | $11K | 6.93% |
| Citigroup Global Markets Inc. | $6K | 3.73% |
| TD Securities (USA) LLC | $5K | 3.32% |
| Goldman Sachs & Co. LLC | $4K | 2.68% |
| UBS Securities LLC | $3K | 2.09% |
MLOZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $87.5M | 92.87% |
| RBC Capital Markets, LLC | $2.2M | 2.35% |
| Goldman Sachs & Co. LLC | $2.2M | 2.33% |
| J.P. Morgan Securities LLC | $1.2M | 1.32% |
| Citigroup Global Markets Inc. | $800K | 0.85% |
| Morgan Stanley & Co. LLC | $269K | 0.29% |
Cohen & Steers Future of Energy Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MLOFX | Class F | 0.90% | none |
| MLOIX | Class I | 0.90% | none |
| MLOZX | Class Z | 0.90% | none |
| MLOAX | Class A | 1.25% | none |
| MLORX | Class R | 1.40% | none |
| MLOCX | Class C | 1.90% | 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.