RTIAX Fees and Costs — Multifactor International Equity Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 1.19%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.52% other expenses, less a 0.03% 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 $104K in broker commissions, 0.0736% of average net assets, and portfolio turnover was 59%.
RTIAX Fees and Expenses
Annual operating expenses and sales charges of RTIAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.52% |
| Gross expense ratio | 1.22% |
| Fee waiver | −0.03% |
| Net expense ratio | 1.19% |
| 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 |
RTIAX Costs Over Time
On $10,000 invested in RTIAX, assuming 5% a year before costs, total costs come to $1,475 over 5 years, cutting the return by 2.55% 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 1.19%) | $118 | $366 | $634 |
| Trading costs (broker commissions) | $7 | $23 | $39 |
| Lost growth on money paid in costs | $29 | $110 | $227 |
| Total costs | $827 | $1,074 | $1,475 |
| Value after costs | $9,673 | $10,502 | $11,288 |
| Impact on return, per year | 8.27% | 3.35% | 2.55% |
RTIAX 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): 0.0736%
- Total broker commissions: $104K
- Bought from dealers (principal trades, not a cost): $409.7M
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
RTIAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $33K | 32.53% |
| Nomura Securities International, Inc. | $26K | 25.49% |
| UBS Securities LLC | $12K | 11.41% |
| BofA Securities, Inc. | $9K | 8.76% |
| Mizuho Securities USA LLC | $6K | 6.31% |
| Virtu Americas LLC | $6K | 5.84% |
| Goldman Sachs & Co. LLC | $5K | 4.64% |
| Citigroup Global Markets Inc. | $3K | 2.66% |
| CIBC World Markets Corp. | $2K | 1.95% |
| Standard Chartered Securities (North America) LLC | $429 | 0.42% |
RTIAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $409.6M | 99.96% |
| Louisiana Court of Appeal, First Circuit | $143K | 0.03% |
| J.P. Morgan Securities LLC | $8K | 0.00% |
Multifactor International Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RTIYX | Class Y | 0.74% | none |
| RTIRX | Class R6 | 0.77% | none |
| RTITX | Class M | 0.79% | none |
| RTISX | Class S | 0.94% | none |
| RTIAX | Class A | 1.19% | 5.75% |
| RTICX | Class C | 1.94% | 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.