NMSAX Fees and Costs — Columbia Small Cap Index Fund, Class A
Data updated: 2026-07-29
The net expense ratio is 0.45%: a 0.20% management fee plus a 0.25% 12b-1 fee. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $305K in broker commissions, 0.0119% of average net assets, and portfolio turnover was 22%.
NMSAX Fees and Expenses
Annual operating expenses and sales charges of NMSAX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 |
NMSAX Costs Over Time
On $10,000 invested in NMSAX, assuming 5% a year before costs, total costs come to $292 over 5 years, cutting the return by 0.48% 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 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $48 | $160 | $292 |
| Value after costs | $10,452 | $11,417 | $12,471 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
NMSAX 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): 0.0119%
- Total broker commissions: $305K
- Bought from dealers (principal trades, not a cost): $329.0M
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
NMSAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $151K | 49.56% |
| Goldman Sachs & Co. LLC | $63K | 20.73% |
| Barclays Capital Inc. | $41K | 13.35% |
| Wells Fargo Securities, LLC | $29K | 9.36% |
| UBS Securities LLC | $13K | 4.11% |
| J.P. Morgan Securities LLC | $9K | 2.90% |
NMSAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $128.2M | 38.96% |
| Barclays Capital Inc. | $100.5M | 30.53% |
| Wells Fargo Securities, LLC | $73.8M | 22.42% |
| Jefferies LLC | $26.6M | 8.09% |
Columbia Small Cap Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CSPYX | Institutional 3 Class | 0.20% | none |
| CXXRX | Institutional 2 Class | 0.20% | none |
| NMSCX | Institutional Class | 0.20% | none |
| NMSAX | Class A | 0.45% | 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.