MSOSX Fees and Costs — NYLI WMC Enduring Capital Fund, Class R3
Data updated: 2026-09-23
The net expense ratio is 1.30%: a 0.55% management fee, a 0.50% 12b-1 fee plus 0.25% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $19K in broker commissions, 0.0035% of average net assets, and portfolio turnover was 15%.
MSOSX Fees and Expenses
Annual operating expenses and sales charges of MSOSX. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.25% |
| Gross expense ratio | 1.30% |
| Fee waiver | — |
| Net expense ratio | 1.30% |
| 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 | No |
| Waived fees subject to recoupment | No |
MSOSX Costs Over Time
On $10,000 invested in MSOSX, assuming 5% a year before costs, total costs come to $810 over 5 years, cutting the return by 1.37% 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 1.30%) | $136 | $425 | $734 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $21 | $75 |
| Total costs | $137 | $447 | $810 |
| Value after costs | $10,363 | $11,129 | $11,952 |
| Impact on return, per year | 1.37% | 1.37% | 1.37% |
MSOSX 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): 0.0035%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): $226.5M
- Portfolio turnover (prospectus): 15%
- Securities on loan, average value: $5.7M
- Net income from securities lending: $10K (0.002% of average net assets)
MSOSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital, Inc. | $5K | 26.24% |
| Goldman Sachs & Co. LLC | $4K | 23.73% |
| RBC Capital Markets, LLC | $2K | 12.00% |
| Morgan Stanley & Co. LLC | $1K | 7.83% |
| Jefferies LLC | $1K | 6.75% |
| J.P. Morgan Securities LLC | $1K | 6.47% |
| Citigroup Global Markets Inc. | $1K | 6.46% |
| UBS Securities LLC | $789 | 4.60% |
| BofA Securities, Inc. | $640 | 3.73% |
| Siebert Williams Shank & Co., LLC | $379 | 2.21% |
MSOSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $226.5M | 100.00% |
NYLI WMC Enduring Capital Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MCSDX | Class R6 | 0.60% | none |
| MSOIX | Class I | 0.67% | none |
| MSOAX | Class A | 0.92% | 5.50% |
| MCSSX | Investor Class | 1.16% | 5.00% |
| MSOSX | Class R3 | 1.30% | none |
| MGOCX | Class C | 1.91% | none |
| MOPBX | Class B | 1.92% | 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.