RMYAX Fees and Costs — Multi-Strategy Income Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 1.03%: a 0.53% management fee, a 0.25% 12b-1 fee plus 0.42% other expenses, less a 0.17% fee waiver. This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $203K in broker commissions, 0.0693% of average net assets, and portfolio turnover was 95%.
RMYAX Fees and Expenses
Annual operating expenses and sales charges of RMYAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.42% |
| Gross expense ratio | 1.20% |
| Fee waiver | −0.17% |
| Net expense ratio | 1.03% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
RMYAX Costs Over Time
On $10,000 invested in RMYAX, assuming 5% a year before costs, total costs come to $1,381 over 5 years, cutting the return by 2.38% 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 | $673 | $575 | $575 |
| Fund expenses (net expense ratio 1.03%) | $102 | $318 | $550 |
| Trading costs (broker commissions) | $7 | $21 | $37 |
| Lost growth on money paid in costs | $29 | $107 | $218 |
| Total costs | $810 | $1,022 | $1,381 |
| Value after costs | $9,690 | $10,555 | $11,382 |
| Impact on return, per year | 8.10% | 3.18% | 2.38% |
RMYAX 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): 0.0693%
- Total broker commissions: $203K
- Bought from dealers (principal trades, not a cost): $807.2M
- Portfolio turnover (prospectus): 95%
- Securities lending: none during the year
RMYAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $53K | 31.29% |
| Nomura Securities International, Inc. | $24K | 14.28% |
| Jefferies LLC | $20K | 11.49% |
| RBC Capital Markets, LLC | $18K | 10.74% |
| J.P. Morgan Securities LLC | $12K | 7.05% |
| National Financial Services LLC | $11K | 6.64% |
| Goldman Sachs & Co. LLC | $9K | 5.27% |
| Citigroup Global Markets Inc. | $8K | 4.64% |
| BNY Capital Markets, LLC | $7K | 4.37% |
| Morgan Stanley & Co. LLC | $7K | 4.22% |
RMYAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $540.5M | 76.78% |
| Citigroup Global Markets Inc. | $27.8M | 3.95% |
| Jefferies LLC | $25.9M | 3.67% |
| J.P. Morgan Securities LLC | $23.4M | 3.33% |
| BofA Securities, Inc. | $21.2M | 3.00% |
| BNY Capital Markets, LLC | $17.2M | 2.44% |
| Morgan Stanley & Co. LLC | $14.7M | 2.09% |
| Goldman Sachs & Co. LLC | $12.1M | 1.72% |
| Barclays Capital Inc. | $10.9M | 1.55% |
| HSBC Securities (USA) Inc. | $10.3M | 1.46% |
Multi-Strategy Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RMYYX | Class Y | 0.58% | none |
| RMIRX | Class R6 | 0.61% | none |
| RGYTX | Class M | 0.68% | none |
| RMYSX | Class S | 0.78% | none |
| RMYAX | Class A | 1.03% | 5.75% |
| RMYCX | Class C | 1.78% | 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.