NMCAX Fees and Costs — Voya Midcap Opportunities Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 1.22%: a 0.84% management fee, a 0.25% 12b-1 fee plus 0.21% other expenses, less a 0.08% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $480K in broker commissions, 0.0719% of average net assets, and portfolio turnover was 81%.
NMCAX Fees and Expenses
Annual operating expenses and sales charges of NMCAX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.84% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.30% |
| Fee waiver | −0.08% |
| Net expense ratio | 1.22% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
NMCAX Costs Over Time
On $10,000 invested in NMCAX, assuming 5% a year before costs, total costs come to $1,491 over 5 years, cutting the return by 2.58% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.22%) | $121 | $376 | $649 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $29 | $110 | $228 |
| Total costs | $732 | $1,083 | $1,491 |
| Value after costs | $9,768 | $10,493 | $11,272 |
| Impact on return, per year | 7.32% | 3.38% | 2.58% |
NMCAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0719%
- Total broker commissions: $480K
- Bought from dealers (principal trades, not a cost): $547.8M
- Portfolio turnover (prospectus): 81%
- Securities on loan, average value: $7.0M
- Net income from securities lending: $31K (0.005% of average net assets)
NMCAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $44K | 19.39% |
| PIPER SANDLER & CO. | $33K | 14.66% |
| JEFFERIES LLC | $22K | 9.95% |
| NEEDHAM & COMPANY, LLC | $21K | 9.43% |
| UBS SECURITIES LLC | $20K | 8.68% |
| DEUTSCHE BANK SECURITIES INC. | $18K | 7.96% |
| EVERCORE GROUP LLC | $17K | 7.71% |
| WILLIAM BLAIR | $17K | 7.66% |
| RAYMOND JAMES & ASSOCIATES, INC. | $17K | 7.36% |
| KEEFE, BRUYETTE & WOODS, INC. | $16K | 7.20% |
NMCAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Bank of New York Mellon | $543.0M | 99.12% |
| MORGAN STANLEY & CO. LLC | $2.7M | 0.49% |
| J.P. Morgan Securities LLC | $1.1M | 0.20% |
| GOLDMAN SACHS & CO. LLC | $1.0M | 0.19% |
Voya Midcap Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IMOZX | Class R6 | 0.83% | none |
| NMCIX | Class I | 0.89% | none |
| IMOWX | Class W | 0.97% | none |
| NMCAX | Class A | 1.22% | 5.75% |
| IMORX | Class R | 1.47% | none |
| NMCCX | Class C | 1.97% | 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.