SRHQX Fees and Costs — Short-Term Income Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 0.60%: a 0.34% management fee, a 0.15% 12b-1 fee plus 0.10% other expenses. This share class carries a maximum front-end sales load of 2.25% and a deferred sales charge of up to 1.00%. Portfolio turnover was 42%.
SRHQX Fees and Expenses
Annual operating expenses and sales charges of SRHQX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.34% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | 2.25% |
| 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 |
SRHQX Costs Over Time
On $10,000 invested in SRHQX, 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 |
| Sales charges | $327 | $225 | $225 |
| Fund expenses (net expense ratio 0.60%) | $62 | $193 | $336 |
| Lost growth on money paid in costs | $11 | $45 | $96 |
| Total costs | $400 | $463 | $657 |
| Value after costs | $10,100 | $11,113 | $12,106 |
| Impact on return, per year | 4.00% | 1.42% | 1.10% |
SRHQX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $2.0B
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $5.6M
- Net income from securities lending: $23K (0.001% of average net assets)
SRHQX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES LLC | $282.9M | 17.31% |
| TD BANK FINANCIAL GROUP | $252.5M | 15.45% |
| J.P. MORGAN SECURITIES LLC | $221.8M | 13.57% |
| MORGAN STANLEY & CO. LLC. | $219.3M | 13.42% |
| GOLDMAN SACHS CO. | $158.4M | 9.69% |
| MERRILL LYNCH PIERCE FENNER & SMITH | $127.4M | 7.80% |
| BNP PARIBAS SECURITIES CORP | $102.2M | 6.26% |
| BARCLAYS CAPITAL INC. | $97.8M | 5.98% |
| CITIGROUP GLOBAL MARKETS | $93.8M | 5.74% |
| NATWEST CAPITAL MARKETS | $77.9M | 4.76% |
Short-Term 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 |
|---|---|---|---|
| PSHIX | Institutional Class | 0.39% | none |
| PSJIX | Class J | 0.59% | none |
| SRHQX | Class A | 0.60% | 2.25% |
| PSIQX | Class R-5 | 0.61% | none |
| PSIOX | Class R-3 | 0.92% | none |
| STCCX | Class C | 1.54% | 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.