RMBMX Fees and Costs — RMB SMID Cap Fund, Class I
Data updated: 2026-08-19
The net expense ratio is 0.80%: a 0.70% management fee plus 0.39% other expenses, less a 0.29% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $11K in broker commissions, 0.0139% of average net assets, and portfolio turnover was 12%.
RMBMX Fees and Expenses
Annual operating expenses and sales charges of RMBMX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | — |
| Other expenses | 0.39% |
| Gross expense ratio | 1.09% |
| Fee waiver | −0.29% |
| Net expense ratio | 0.80% |
| 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 |
RMBMX Costs Over Time
On $10,000 invested in RMBMX, assuming 5% a year before costs, total costs come to $511 over 5 years, cutting the return by 0.85% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $280 | $511 |
| Value after costs | $10,415 | $11,296 | $12,252 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
RMBMX 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): 0.0139%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
RMBMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RAYMOND JAMES & ASSOCIATES INC. | $5K | 47.68% |
| JEFFERIES LLC | $2K | 14.92% |
| WILLIAM BLAIR & COMPANY L.L.C. | $1K | 12.95% |
| ROBERT W. BAIRD & CO. INCORPORATED | $1K | 11.85% |
| WELLS FARGO SECURITIES LLC | $695 | 6.47% |
| PERSHING LLC | $649 | 6.04% |
| MORGAN STANLEY & CO. LLC | $10 | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.