PCEXX Fees and Costs — UBS Government Money Market Investments Fund, Class P
Data updated: 2026-10-13
The net expense ratio is 0.16% (0.29% before fee waivers). There are no sales loads or redemption fees.
PCEXX Fees and Expenses
Annual operating expenses and sales charges of PCEXX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 0.29% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.16% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
PCEXX Costs Over Time
On $10,000 invested in PCEXX, assuming 5% a year before costs, total costs come to $102 over 5 years, cutting the return by 0.17% 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 0.16%) | $17 | $53 | $93 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $17 | $55 | $102 |
| Value after costs | $10,483 | $11,521 | $12,661 |
| Impact on return, per year | 0.17% | 0.17% | 0.17% |
PCEXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $216.2B
- Portfolio turnover (prospectus): —
PCEXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $196.2B | 90.81% |
| Goldman Sachs & Co. LLC | $18.0B | 8.32% |
| Barclays Capital Inc. | $861.8M | 0.40% |
| Daiwa Capital Markets America Inc. | $281.7M | 0.13% |
| BNY Capital Markets, LLC | $252.5M | 0.12% |
| BofA Securities, Inc. | $213.9M | 0.10% |
| Loop Capital Markets LLC | $94.8M | 0.04% |
| TD Securities (USA) LLC | $69.3M | 0.03% |
| Wells Fargo Securities, LLC | $67.0M | 0.03% |
| Citigroup Global Markets Inc. | $34.0M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.