RYROX Fees and Costs — Russell 2000 Fund, Class C
Data updated: 2026-08-28
The net expense ratio is 2.38%: a 0.75% management fee, a 1.00% 12b-1 fee plus 0.67% other expenses, less a 0.04% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $985 in broker commissions, 0.0075% of average net assets, and portfolio turnover was 12%.
RYROX Fees and Expenses
Annual operating expenses and sales charges of RYROX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.67% |
| Gross expense ratio | 2.42% |
| Fee waiver | −0.04% |
| Net expense ratio | 2.38% |
| 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 |
RYROX Costs Over Time
On $10,000 invested in RYROX, assuming 5% a year before costs, total costs come to $1,453 over 5 years, cutting the return by 2.51% 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 2.38%) | $250 | $769 | $1,313 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $39 | $135 |
| Total costs | $353 | $810 | $1,453 |
| Value after costs | $10,147 | $10,767 | $11,310 |
| Impact on return, per year | 3.53% | 2.51% | 2.51% |
RYROX 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): 0.0075%
- Total broker commissions: $985
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $394K
- Net income from securities lending: $3K (0.021% of average net assets)
RYROX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $795 | 80.72% |
| GOLDMAN SACHS & CO. LLC | $190 | 19.28% |
RYROX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $434.0M | 42.33% |
| BOFA SECURITIES, INC. | $247.2M | 24.11% |
| BARCLAYS CAPITAL, INC. | $245.4M | 23.93% |
| GOLDMAN SACHS & CO. LLC | $65.6M | 6.40% |
| BNP PARIBAS SECURITIES CORP. | $33.2M | 3.23% |
| BMO CAPITAL MARKETS CORP. | $49K | 0.00% |
| INSTINET, LLC | $681 | 0.00% |
Russell 2000 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RYRHX | Class H | 1.63% | — |
| RYRRX | Class A | 1.63% | 4.75% |
| RYROX | Class C | 2.38% | 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.