RYAWX Fees and Costs — S&P 500 Pure Growth Fund, Class H
Data updated: 2026-08-28
The net expense ratio is 1.55%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.59% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $34K in broker commissions, 0.1137% of average net assets, and portfolio turnover was 649%.
RYAWX Fees and Expenses
Annual operating expenses and sales charges of RYAWX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.59% |
| Gross expense ratio | 1.59% |
| Fee waiver | −0.04% |
| Net expense ratio | 1.55% |
| 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 | No |
RYAWX Costs Over Time
On $10,000 invested in RYAWX, assuming 5% a year before costs, total costs come to $1,027 over 5 years, cutting the return by 1.75% 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 1.55%) | $163 | $504 | $868 |
| Trading costs (broker commissions) | $12 | $37 | $64 |
| Lost growth on money paid in costs | $0 | $27 | $95 |
| Total costs | $175 | $568 | $1,027 |
| Value after costs | $10,325 | $11,008 | $11,736 |
| Impact on return, per year | 1.75% | 1.75% | 1.75% |
RYAWX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1137%
- Total broker commissions: $34K
- Bought from dealers (principal trades, not a cost): $58.6M
- Portfolio turnover (prospectus): 649%
- Securities on loan, average value: $26K
- Net income from securities lending: $65 (0.000% of average net assets)
RYAWX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $16K | 46.94% |
| INSTINET, LLC | $12K | 34.98% |
| BTIG, LLC | $5K | 15.08% |
| CANTOR FITZGERALD & CO. | $713 | 2.12% |
| BOFA SECURITIES, INC. | $298 | 0.89% |
RYAWX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $28.7M | 48.90% |
| BOFA SECURITIES, INC. | $15.2M | 25.92% |
| BARCLAYS CAPITAL, INC. | $14.8M | 25.18% |
S&P 500 Pure Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RYAWX | Class H | 1.55% | — |
| RYLGX | Class A | 1.55% | 4.75% |
| RYGRX | Class C | 2.30% | 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.