RINYX Fees and Costs — International Developed Markets Fund, Class Y
Data updated: 2026-09-25
The net expense ratio is 0.81%: a 0.70% management fee plus 0.13% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $490K in broker commissions, 0.0459% of average net assets, and portfolio turnover was 32%.
RINYX Fees and Expenses
Annual operating expenses and sales charges of RINYX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.83% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.81% |
| 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 |
RINYX Costs Over Time
On $10,000 invested in RINYX, assuming 5% a year before costs, total costs come to $537 over 5 years, cutting the return by 0.90% 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 0.81%) | $85 | $266 | $462 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $90 | $295 | $537 |
| Value after costs | $10,410 | $11,282 | $12,226 |
| Impact on return, per year | 0.90% | 0.90% | 0.90% |
RINYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0459%
- Total broker commissions: $490K
- Bought from dealers (principal trades, not a cost): $684.2M
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
RINYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $151K | 33.08% |
| Morgan Stanley & Co. LLC | $86K | 18.82% |
| Jefferies LLC | $82K | 17.91% |
| Goldman Sachs & Co. LLC | $44K | 9.61% |
| Citigroup Global Markets Inc. | $28K | 6.11% |
| UBS Securities LLC | $22K | 4.72% |
| CLSA Americas, LLC | $16K | 3.53% |
| BNY Capital Markets, LLC | $12K | 2.64% |
| Macquarie Capital (USA) Inc. | $9K | 1.95% |
| BofA Securities, Inc. | $7K | 1.63% |
RINYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $682.9M | 99.81% |
| Louisiana Court of Appeal, First Circuit | $1.3M | 0.19% |
| J.P. Morgan Securities LLC | $12K | 0.00% |
International Developed Markets Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RINYX | Class Y | 0.81% | none |
| RIDRX | Class R6 | 0.84% | none |
| RNTTX | Class M | 0.87% | none |
| RINTX | Class S | 0.97% | none |
| RLNAX | Class A | 1.26% | 5.75% |
| RLNCX | Class C | 2.01% | 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.