RMHAX Fees and Costs — Long Duration Bond Fund
Data updated: 2026-09-25
The net expense ratio is 0.74%: a 0.15% management fee, a 0.25% 12b-1 fee plus 0.34% other expenses. This share class carries a maximum front-end sales load of 3.75% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $11K in broker commissions, 0.0029% of average net assets, and portfolio turnover was 59%.
RMHAX Fees and Expenses
Annual operating expenses and sales charges of RMHAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.34% |
| Gross expense ratio | 0.74% |
| Fee waiver | — |
| Net expense ratio | 0.74% |
| Sales charges | |
|---|---|
| Max front load | 3.75% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
RMHAX Costs Over Time
On $10,000 invested in RMHAX, assuming 5% a year before costs, total costs come to $928 over 5 years, cutting the return by 1.57% 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 |
| Sales charges | $475 | $375 | $375 |
| Fund expenses (net expense ratio 0.74%) | $75 | $234 | $407 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $19 | $71 | $145 |
| Total costs | $569 | $681 | $928 |
| Value after costs | $9,931 | $10,896 | $11,835 |
| Impact on return, per year | 5.69% | 2.10% | 1.57% |
RMHAX 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): 0.0029%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $938.1M
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
RMHAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $11K | 100.00% |
RMHAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $360.9M | 40.20% |
| J.P. Morgan Securities LLC | $158.5M | 17.65% |
| BMO Capital Markets Corp. | $132.0M | 14.70% |
| Citigroup Global Markets Inc. | $123.8M | 13.79% |
| Barclays Capital Inc. | $35.4M | 3.94% |
| Goldman Sachs & Co. LLC | $26.0M | 2.89% |
| Deutsche Bank Securities Inc. | $24.0M | 2.67% |
| MarketAxess Corporation | $17.2M | 1.91% |
| Santander Securities LLC | $12.2M | 1.35% |
| Natwest Markets Securities Inc. | $8.0M | 0.89% |
Long Duration Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RMHYX | Class Y | 0.29% | none |
| RMHRX | C000192623 | 0.32% | none |
| RMHTX | Class M | 0.34% | none |
| RMHSX | Class S | 0.49% | none |
| RMHAX | C000192619 | 0.74% | 3.75% |
| RMHCX | C000192621 | 1.49% | 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.