RYOCX Fees and Costs — NASDAQ-100 Fund, Investor Class
Data updated: 2026-08-28
The net expense ratio is 1.27%: a 0.75% management fee plus 0.58% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $35K in broker commissions, 0.0018% of average net assets, and portfolio turnover was 70%.
RYOCX Fees and Expenses
Annual operating expenses and sales charges of RYOCX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.58% |
| Gross expense ratio | 1.34% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.27% |
| 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 |
RYOCX Costs Over Time
On $10,000 invested in RYOCX, assuming 5% a year before costs, total costs come to $791 over 5 years, cutting the return by 1.34% 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 1.27%) | $133 | $415 | $717 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $134 | $436 | $791 |
| Value after costs | $10,366 | $11,140 | $11,972 |
| Impact on return, per year | 1.34% | 1.34% | 1.34% |
RYOCX 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): 0.0018%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): $4.1B
- Portfolio turnover (prospectus): 70%
- Securities on loan, average value: $1.9M
- Net income from securities lending: $3K (0.000% of average net assets)
RYOCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $15K | 42.10% |
| BARCLAYS CAPITAL, INC. | $12K | 34.21% |
| BOFA SECURITIES, INC. | $7K | 20.51% |
| GOLDMAN SACHS & CO. LLC | $1K | 3.17% |
RYOCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.4B | 34.09% |
| BARCLAYS CAPITAL, INC. | $954.3M | 23.31% |
| GOLDMAN SACHS & CO. LLC | $748.3M | 18.28% |
| BOFA SECURITIES, INC. | $672.5M | 16.43% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $149.0M | 3.64% |
| BNP PARIBAS SECURITIES CORP. | $111.0M | 2.71% |
| CASTLEOAK SECURITIES, LP | $25.0M | 0.61% |
| Daiwa Capital Markets America, Inc. | $15.0M | 0.37% |
| Academy Securities, Inc. | $13.0M | 0.32% |
| BMO CAPITAL MARKETS CORP. | $10.5M | 0.26% |
NASDAQ-100 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RYOCX | Investor Class | 1.27% | — |
| RYATX | Class A | 1.51% | 4.75% |
| RYHOX | Class H | 1.51% | — |
| RYCOX | Class C | 2.27% | 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.