RYGBX Fees and Costs — Government Long Bond 1.2x Strategy Fund, Investor Class
Data updated: 2026-08-28
The net expense ratio is 1.02% (1.07% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $4K in broker commissions, 0.0104% of average net assets, and portfolio turnover was 1573%.
RYGBX Fees and Expenses
Annual operating expenses and sales charges of RYGBX. 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 | 1.07% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.02% |
| 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 |
RYGBX Costs Over Time
On $10,000 invested in RYGBX, assuming 5% a year before costs, total costs come to $644 over 5 years, cutting the return by 1.08% 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 1.02%) | $107 | $334 | $579 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $354 | $644 |
| Value after costs | $10,392 | $11,222 | $12,119 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
RYGBX 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): 0.0104%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 1573%
- Securities lending: none during the year
RYGBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $4K | 100.00% |
RYGBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Mizuho Securities USA LLC | $838.3M | 53.69% |
| J.P. Morgan Securities LLC | $257.6M | 16.50% |
| BARCLAYS CAPITAL, INC. | $201.6M | 12.91% |
| BOFA SECURITIES, INC. | $140.1M | 8.97% |
| GOLDMAN SACHS & CO. LLC | $120.9M | 7.74% |
| CASTLEOAK SECURITIES, LP | $3.0M | 0.19% |
Government Long Bond 1.2x Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RYGBX | Investor Class | 1.02% | — |
| RYABX | Class A | 1.28% | 4.75% |
| RYHBX | Class H | 1.28% | — |
| RYCGX | Class C | 2.02% | 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.