RFEBX Fees and Costs — American Funds Fundamental Investors, Class R-2E
Data updated: 2026-08-27
The net expense ratio is 1.08%: a 0.24% management fee, a 0.60% 12b-1 fee plus 0.24% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $16.0M in broker commissions, 0.0107% of average net assets, and portfolio turnover was 40%.
RFEBX Fees and Expenses
Annual operating expenses and sales charges of RFEBX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.24% |
| 12b-1 fee | 0.60% |
| Other expenses | 0.24% |
| Gross expense ratio | 1.08% |
| Fee waiver | — |
| Net expense ratio | 1.08% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RFEBX Costs Over Time
On $10,000 invested in RFEBX, assuming 5% a year before costs, total costs come to $681 over 5 years, cutting the return by 1.15% 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 1.08%) | $113 | $353 | $612 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $115 | $375 | $681 |
| Value after costs | $10,385 | $11,202 | $12,082 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
RFEBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0107%
- Total broker commissions: $16.0M
- Bought from dealers (principal trades, not a cost): $1.4B
- Portfolio turnover (prospectus): 40%
- Securities on loan, average value: $59.7M
- Net income from securities lending: $1.1M (0.001% of average net assets)
RFEBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bank of America, N.A. | $1.8M | 17.17% |
| Goldman Sachs & Co. LLC | $1.7M | 16.17% |
| J.P. Morgan Securities LLC | $1.3M | 12.56% |
| Morgan Stanley & Co. LLC | $971K | 9.09% |
| TD Securities (USA) | $911K | 8.53% |
| Citigroup Global Markets Inc. | $897K | 8.40% |
| RBC Capital Markets LLC | $876K | 8.21% |
| Jefferies & Company Inc. | $872K | 8.17% |
| UBS AG | $668K | 6.26% |
| Sanford Bernstein & Co. LLC | $581K | 5.44% |
RFEBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Bank PLC | $582.0M | 40.81% |
| Morgan Stanley & Co. LLC | $354.0M | 24.82% |
| J.P. Morgan Securities LLC | $207.6M | 14.56% |
| Bank of America, N.A. | $108.6M | 7.61% |
| FTN Financial Securities Corp. | $89.8M | 6.30% |
| Citigroup Global Markets Inc. | $84.1M | 5.90% |
| Virtu Americas LLC | $8 | 0.00% |
American Funds Fundamental Investors Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FUNFX | Class F-3 | 0.28% | none |
| RFNGX | Class R-6 | 0.28% | none |
| FEEFX | Class 529-F-3 | 0.33% | none |
| RFNFX | Class R-5 | 0.33% | none |
| FFXFX | Class 529-F-2 | 0.37% | none |
| FINFX | Class F-2 | 0.38% | none |
| RFNHX | Class R-5E | 0.43% | none |
| ANCFX | Class A | 0.57% | 5.75% |
| TFFFX | Class T | 0.58% | 2.50% |
| CFNAX | Class 529-A | 0.61% | 3.50% |
| RFNEX | Class R-4 | 0.63% | none |
| TIIIX | Class 529-T | 0.63% | 2.50% |
| AFIFX | Class F-1 | 0.64% | none |
| CFNFX | Class 529-F-1 | 0.69% | none |
| CFNEX | Class 529-E | 0.85% | none |
| RFNCX | Class R-3 | 0.93% | none |
| RFEBX | Class R-2E | 1.08% | none |
| AFICX | Class C | 1.33% | none |
| RFNAX | Class R-1 | 1.37% | none |
| RFNBX | Class R-2 | 1.37% | none |
| CFNCX | Class 529-C | 1.38% | 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.