NSFLX Fees and Costs — Natixis Target Retirement 2055 Fund, Class N
Data updated: 2025-06-30
The net expense ratio is 0.49% (1.43% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0090% of average net assets, and portfolio turnover was 25%.
NSFLX Fees and Expenses
Annual operating expenses and sales charges of NSFLX. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.21% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.95% |
| Gross expense ratio | 1.43% |
| Fee waiver | −0.94% |
| Net expense ratio | 0.49% |
| 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 |
NSFLX Costs Over Time
On $10,000 invested in NSFLX, assuming 5% a year before costs, total costs come to $315 over 5 years, cutting the return by 0.52% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $172 | $315 |
| Value after costs | $10,448 | $11,404 | $12,448 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
NSFLX 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): 0.0090%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $177.2M
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
NSFLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $796 | 50.94% |
| J.P. Morgan Securities LLC | $291 | 18.66% |
| Barclays Capital Inc. | $124 | 7.97% |
| Morgan Stanley & Co. LLC | $112 | 7.19% |
| Nomura Securities International, Inc. | $52 | 3.35% |
| Liquidnet, Inc. | $47 | 3.04% |
| Sanford C. Bernstein & Co., LLC | $36 | 2.29% |
| BofA Securities, Inc. | $35 | 2.22% |
| Citigroup Global Markets Inc. | $34 | 2.21% |
| Goldman Sachs & Co. LLC | $33 | 2.13% |
NSFLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $176.3M | 99.65% |
| Goldman Sachs & Co. LLC | $154K | 0.09% |
| MarketAxess Corporation | $135K | 0.08% |
| Barclays Capital Inc. | $72K | 0.04% |
| Citigroup Global Markets Inc. | $70K | 0.04% |
| J.P. Morgan Securities LLC | $44K | 0.02% |
| Cantor Fitzgerald & Co. | $40K | 0.02% |
| Wells Fargo Securities, LLC | $39K | 0.02% |
| Jane Street Execution Services, LLC | $37K | 0.02% |
| Morgan Stanley & Co. LLC | $28K | 0.02% |
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.