RYCRX Fees and Costs — Real Estate Fund, Class C
Data updated: 2026-08-28
The net expense ratio is 2.41%: a 0.85% management fee, a 1.00% 12b-1 fee plus 0.59% other expenses, less a 0.03% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $12K in broker commissions, 0.5058% of average net assets, and portfolio turnover was 249%.
RYCRX Fees and Expenses
Annual operating expenses and sales charges of RYCRX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.59% |
| Gross expense ratio | 2.44% |
| Fee waiver | −0.03% |
| Net expense ratio | 2.41% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
RYCRX Costs Over Time
On $10,000 invested in RYCRX, assuming 5% a year before costs, total costs come to $1,755 over 5 years, cutting the return by 3.06% 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 | $102 | $0 | $0 |
| Fund expenses (net expense ratio 2.41%) | $253 | $774 | $1,315 |
| Trading costs (broker commissions) | $53 | $162 | $276 |
| Lost growth on money paid in costs | $0 | $47 | $164 |
| Total costs | $408 | $983 | $1,755 |
| Value after costs | $10,092 | $10,593 | $11,008 |
| Impact on return, per year | 4.08% | 3.06% | 3.06% |
RYCRX 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): 0.5058%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $3.4M
- Portfolio turnover (prospectus): 249%
- Securities lending: none during the year
RYCRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $7K | 61.86% |
| INSTINET, LLC | $4K | 32.50% |
| CANTOR FITZGERALD & CO. | $658 | 5.64% |
RYCRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.6M | 48.62% |
| BOFA SECURITIES, INC. | $900K | 26.56% |
| BARCLAYS CAPITAL, INC. | $841K | 24.82% |
Real Estate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RYHRX | Class H | 1.66% | — |
| RYREX | Class A | 1.66% | 4.75% |
| RYCRX | Class C | 2.41% | 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.