RYSYX Fees and Costs — S&P 500 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 0.66% other expenses, less a 0.03% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $9K in broker commissions, 0.0055% of average net assets, and portfolio turnover was 243%.
RYSYX Fees and Expenses
Annual operating expenses and sales charges of RYSYX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.66% |
| Gross expense ratio | 2.41% |
| Fee waiver | −0.03% |
| 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 |
RYSYX Costs Over Time
On $10,000 invested in RYSYX, assuming 5% a year before costs, total costs come to $1,451 over 5 years, cutting the return by 2.50% 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 | $3 |
| Lost growth on money paid in costs | $0 | $39 | $135 |
| Total costs | $353 | $809 | $1,451 |
| Value after costs | $10,147 | $10,767 | $11,311 |
| Impact on return, per year | 3.53% | 2.50% | 2.50% |
RYSYX 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): 0.0055%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $2.4B
- Portfolio turnover (prospectus): 243%
- Securities on loan, average value: $35K
- Net income from securities lending: $2K (0.001% of average net assets)
RYSYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $6K | 73.38% |
| BARCLAYS CAPITAL, INC. | $2K | 21.79% |
| GOLDMAN SACHS & CO. LLC | $424 | 4.83% |
RYSYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $816.9M | 33.55% |
| BARCLAYS CAPITAL, INC. | $650.1M | 26.70% |
| BOFA SECURITIES, INC. | $453.0M | 18.60% |
| GOLDMAN SACHS & CO. LLC | $329.0M | 13.51% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $105.9M | 4.35% |
| BNP PARIBAS SECURITIES CORP. | $30.5M | 1.25% |
| Daiwa Capital Markets America, Inc. | $20.0M | 0.82% |
| CitiGroup Global Markets Inc. | $13.0M | 0.54% |
| BMO CAPITAL MARKETS CORP. | $11.3M | 0.47% |
| Academy Securities, Inc. | $5.0M | 0.21% |
S&P 500 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RYSOX | Class A | 1.62% | 4.75% |
| RYSPX | Class H | 1.62% | — |
| RYSYX | 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.