SLFYX Fees and Costs — SIMT Multi-Asset Inflation Managed Fund, Class Y
Data updated: 2026-08-28
The net expense ratio is 1.04%: a 0.55% management fee plus 0.49% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $74K in broker commissions, 0.0120% of average net assets, and portfolio turnover was 44%.
SLFYX Fees and Expenses
Annual operating expenses and sales charges of SLFYX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.49% |
| Gross expense ratio | 1.04% |
| Fee waiver | — |
| Net expense ratio | 1.04% |
| 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 |
SLFYX Costs Over Time
On $10,000 invested in SLFYX, assuming 5% a year before costs, total costs come to $657 over 5 years, cutting the return by 1.10% 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 1.04%) | $109 | $341 | $590 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $362 | $657 |
| Value after costs | $10,390 | $11,215 | $12,105 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
SLFYX 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): 0.0120%
- Total broker commissions: $74K
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 44%
- Securities lending: none during the year
SLFYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET | $16K | 22.46% |
| BAML | $12K | 17.10% |
| MORGAN STANLEY & CO, INC | $8K | 11.04% |
| GOLDMAN, SACHS & CO. | $8K | 10.91% |
| SANFORD C. BERNSTEIN & CO., LLC | $8K | 10.65% |
| UBS SECURITIES | $8K | 10.53% |
| CITIGROUP | $5K | 6.86% |
| BERNSTEIN - PROGRAM TRADE | $3K | 3.97% |
| J P MORGAN CHASE BANK | $3K | 3.62% |
| VIRTU FINANCIAL LLC | $2K | 2.87% |
SLFYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $1.2B | 79.83% |
| BMO CAPITAL | $103.5M | 6.87% |
| BAML | $59.2M | 3.93% |
| BARCLAY BANK PLC | $44.3M | 2.94% |
| MORGAN STANLEY & CO, INC | $30.3M | 2.02% |
| BNP PARIBAS | $23.5M | 1.56% |
| CITIGROUP | $22.0M | 1.46% |
| GOLDMAN, SACHS & CO. | $9.2M | 0.61% |
| WACHOVIA CAPITAL MARKETS | $7.8M | 0.52% |
| DEUTSCHE BANK | $3.8M | 0.25% |
SIMT Multi-Asset Inflation Managed Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SLFYX | Class Y | 1.04% | — |
| SIFAX | Class F | 1.29% | — |
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.