RYHRX Fees and Costs — Real Estate Fund, Class H
Data updated: 2026-08-28
The net expense ratio is 1.66%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.60% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $12K in broker commissions, 0.5058% of average net assets, and portfolio turnover was 249%.
RYHRX Fees and Expenses
Annual operating expenses and sales charges of RYHRX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.60% |
| Gross expense ratio | 1.70% |
| Fee waiver | −0.04% |
| Net expense ratio | 1.66% |
| 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 |
RYHRX Costs Over Time
On $10,000 invested in RYHRX, assuming 5% a year before costs, total costs come to $1,324 over 5 years, cutting the return by 2.27% 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 1.66%) | $174 | $537 | $920 |
| Trading costs (broker commissions) | $53 | $164 | $280 |
| Lost growth on money paid in costs | $0 | $35 | $123 |
| Total costs | $227 | $736 | $1,324 |
| Value after costs | $10,273 | $10,840 | $11,439 |
| Impact on return, per year | 2.27% | 2.27% | 2.27% |
RYHRX 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
RYHRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $7K | 61.86% |
| INSTINET, LLC | $4K | 32.50% |
| CANTOR FITZGERALD & CO. | $658 | 5.64% |
RYHRX 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.