NSFFX Fees and Costs — Natixis Target Retirement 2030 Fund, Class N
Data updated: 2025-06-30
The net expense ratio is 0.47% (1.39% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0082% of average net assets, and portfolio turnover was 45%.
NSFFX Fees and Expenses
Annual operating expenses and sales charges of NSFFX. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.16% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.97% |
| Gross expense ratio | 1.39% |
| Fee waiver | −0.92% |
| Net expense ratio | 0.47% |
| 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 |
NSFFX Costs Over Time
On $10,000 invested in NSFFX, assuming 5% a year before costs, total costs come to $302 over 5 years, cutting the return by 0.50% 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 0.47%) | $49 | $155 | $270 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $50 | $165 | $302 |
| Value after costs | $10,450 | $11,411 | $12,461 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
NSFFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0082%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $159.1M
- Portfolio turnover (prospectus): 45%
- Securities lending: none during the year
NSFFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $648 | 45.40% |
| J.P. Morgan Securities LLC | $266 | 18.63% |
| Barclays Capital Inc. | $226 | 15.83% |
| Morgan Stanley & Co. LLC | $109 | 7.67% |
| Evercore Group L.L.C. | $53 | 3.75% |
| Liquidnet, Inc. | $29 | 2.03% |
| UBS Securities LLC | $25 | 1.75% |
| HSBC Securities (USA) Inc. | $24 | 1.69% |
| Goldman Sachs & Co. LLC | $24 | 1.65% |
| BofA Securities, Inc. | $23 | 1.61% |
NSFFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $155.3M | 98.11% |
| Goldman Sachs & Co. LLC | $763K | 0.48% |
| Barclays Capital Inc. | $578K | 0.36% |
| MarketAxess Corporation | $568K | 0.36% |
| Wells Fargo Securities, LLC | $235K | 0.15% |
| RBC Capital Markets, LLC | $200K | 0.13% |
| Jane Street Execution Services, LLC | $188K | 0.12% |
| J.P. Morgan Securities LLC | $166K | 0.10% |
| Stonex Financial Inc. | $162K | 0.10% |
| HSBC Securities (USA) Inc. | $138K | 0.09% |
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.