SIOAX Fees and Costs — SIMT Multi-Asset Income Fund, Class F
Data updated: 2026-08-28
The net expense ratio is 1.21%: a 0.60% management fee plus 0.61% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $61K in broker commissions, 0.0104% of average net assets, and portfolio turnover was 59%.
SIOAX Fees and Expenses
Annual operating expenses and sales charges of SIOAX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.61% |
| Gross expense ratio | 1.21% |
| Fee waiver | — |
| Net expense ratio | 1.21% |
| 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 |
SIOAX Costs Over Time
On $10,000 invested in SIOAX, assuming 5% a year before costs, total costs come to $760 over 5 years, cutting the return by 1.28% 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 1.21%) | $127 | $395 | $684 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $128 | $419 | $760 |
| Value after costs | $10,372 | $11,158 | $12,003 |
| Impact on return, per year | 1.28% | 1.28% | 1.28% |
SIOAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0104%
- Total broker commissions: $61K
- Bought from dealers (principal trades, not a cost): $978.0M
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
SIOAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SEI FINANCIAL SERVICES | $24K | 41.59% |
| CITICORP SECURITY SERVICES INC. | $16K | 27.47% |
| BAML | $4K | 6.63% |
| CITIGROUP | $4K | 6.42% |
| MORGAN STANLEY & CO, INC | $3K | 5.49% |
| JEFFERIES LLC | $3K | 4.66% |
| WELLS FARGO | $2K | 2.75% |
| UBS SECURITIES | $1K | 1.95% |
| GOLDMAN, SACHS & CO. | $939 | 1.62% |
| J P MORGAN CHASE BANK | $822 | 1.42% |
SIOAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $151.4M | 20.05% |
| BAML | $110.6M | 14.65% |
| GOLDMAN, SACHS & CO. | $83.9M | 11.11% |
| MORGAN STANLEY & CO, INC | $83.3M | 11.03% |
| BARCLAY BANK PLC | $80.0M | 10.60% |
| BNP PARIBAS | $74.1M | 9.81% |
| WELLS FARGO | $70.9M | 9.38% |
| CITIGROUP | $54.4M | 7.20% |
| DEUTSCHE BANK | $24.6M | 3.26% |
| JEFFERIES LLC | $22.0M | 2.91% |
SIMT Multi-Asset Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SLIYX | Class Y | 0.96% | — |
| SIOAX | Class F | 1.21% | — |
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.