NMIAX Fees and Costs — Columbia Large Cap Enhanced Core Fund, Class A
Data updated: 2026-07-29
The net expense ratio is 0.83%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.22% other expenses, less a 0.39% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $94K in broker commissions, 0.0196% of average net assets, and portfolio turnover was 90%.
NMIAX Fees and Expenses
Annual operating expenses and sales charges of NMIAX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.22% |
| Fee waiver | −0.39% |
| Net expense ratio | 0.83% |
| 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 |
NMIAX Costs Over Time
On $10,000 invested in NMIAX, assuming 5% a year before costs, total costs come to $533 over 5 years, cutting the return by 0.89% 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 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $293 | $533 |
| Value after costs | $10,411 | $11,284 | $12,230 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
NMIAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0196%
- Total broker commissions: $94K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 90%
- Securities lending: none during the year
NMIAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $23K | 24.31% |
| Wells Fargo Securities, LLC | $18K | 18.91% |
| Morgan Stanley & Co. LLC | $10K | 11.05% |
| Goldman Sachs & Co. LLC | $10K | 11.05% |
| Jefferies LLC | $10K | 10.62% |
| UBS Securities LLC | $7K | 7.67% |
| J.P. Morgan Securities LLC | $7K | 7.08% |
| Proof Services LLC | $5K | 5.28% |
| Virtu Americas LLC | $4K | 4.03% |
Columbia Large Cap Enhanced Core Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CECYX | Institutional 3 Class | 0.41% | none |
| NMIDX | Class S | 0.58% | none |
| NMIMX | Institutional Class | 0.58% | none |
| NMIAX | Class A | 0.83% | none |
| CCERX | Class R | 1.08% | 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.