RYFXX Fees and Costs — U.S. Government Money Market Fund, Money Market Class Shares
Data updated: 2026-06-15
The net expense ratio is 1.05%: a 0.50% management fee plus 0.55% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 0%.
RYFXX Fees and Expenses
Annual operating expenses and sales charges of RYFXX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.55% |
| Gross expense ratio | 1.05% |
| Fee waiver | — |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RYFXX Costs Over Time
On $10,000 invested in RYFXX, assuming 5% a year before costs, total costs come to $656 over 5 years, cutting the return by 1.10% 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 1.05%) | $110 | $344 | $596 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $361 | $656 |
| Value after costs | $10,390 | $11,215 | $12,107 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
RYFXX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $23.8B
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
RYFXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $10.8B | 45.75% |
| BARCLAYS CAPITAL, INC. | $5.9B | 24.99% |
| BOFA SECURITIES, INC. | $5.9B | 24.80% |
| BMO CAPITAL MARKETS CORP. | $365.8M | 1.55% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $361.0M | 1.53% |
| CitiGroup Global Markets Inc. | $88.7M | 0.38% |
| Academy Securities, Inc. | $70.7M | 0.30% |
| Mizuho Securities USA LLC | $59.5M | 0.25% |
| CASTLEOAK SECURITIES, LP | $58.0M | 0.25% |
| BNY MELLON CAPITAL MARKETS, LLC | $50.9M | 0.22% |
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.