MNMRX Fees and Costs — Pro-Blend Moderate Term Series, Class R
Data updated: 2026-09-22
The net expense ratio is 1.31%: a 0.60% management fee, a 0.50% 12b-1 fee plus 0.21% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $66K in broker commissions, 0.0213% of average net assets, and portfolio turnover was 70%.
MNMRX Fees and Expenses
Annual operating expenses and sales charges of MNMRX. Prospectus, as of February 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.31% |
| Fee waiver | — |
| Net expense ratio | 1.31% |
| 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 |
MNMRX Costs Over Time
On $10,000 invested in MNMRX, assuming 5% a year before costs, total costs come to $827 over 5 years, cutting the return by 1.40% 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 1.31%) | $138 | $428 | $739 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $22 | $76 |
| Total costs | $140 | $456 | $827 |
| Value after costs | $10,360 | $11,120 | $11,936 |
| Impact on return, per year | 1.40% | 1.40% | 1.40% |
MNMRX 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): 0.0213%
- Total broker commissions: $66K
- Bought from dealers (principal trades, not a cost): $218.1M
- Portfolio turnover (prospectus): 70%
- Securities lending: none during the year
MNMRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SANFORD C. BERNSTEIN & CO., LLC | $10K | 16.81% |
| BARCLAYS CAPITAL, INC. | $7K | 12.23% |
| J.P. MORGAN SECURITIES LLC | $7K | 12.04% |
| BOFA SECURITIES, INC. | $6K | 10.99% |
| CITIGROUP GLOBAL MARKETS INC. | $6K | 10.63% |
| MORGAN STANLEY & CO. LLC | $5K | 9.04% |
| BMO CAPITAL MARKETS CORP. | $5K | 8.71% |
| JEFFERIES LLC | $5K | 7.90% |
| GOLDMAN SACHS & CO. LLC | $4K | 6.12% |
| CLSA AMERICAS, LLC | $3K | 5.53% |
MNMRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STONEX FINANCIAL INC. | $55.2M | 29.30% |
| CITADEL SECURITIES LLC | $52.1M | 27.64% |
| BMO CAPITAL MARKETS CORP. | $15.5M | 8.25% |
| SANTANDER INVESTMENT SECURITIES INC. | $13.9M | 7.35% |
| MORGAN STANLEY & CO. LLC | $12.3M | 6.52% |
| BARCLAYS CAPITAL, INC. | $11.7M | 6.21% |
| WELLS FARGO SECURITIES, LLC | $11.1M | 5.89% |
| TD SECURITIES (USA) LLC | $6.4M | 3.40% |
| CitiGroup Global Markets Inc. | $6.0M | 3.19% |
| J.P. Morgan Securities LLC | $4.2M | 2.25% |
Pro-Blend Moderate Term Series Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MNMWX | Class W | 0.10% | — |
| MNMIX | Class I | 0.85% | — |
| EXBAX | Class S | 1.07% | — |
| MNMRX | Class R | 1.31% | — |
| MNMCX | Class L | 1.82% | — |
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.