SRTMX Fees and Costs — Series M
Data updated: 2026-08-28
The net expense ratio is 0.00%. There are no sales loads or redemption fees. Portfolio turnover was 60%.
SRTMX Fees and Expenses
Annual operating expenses and sales charges of SRTMX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SRTMX Costs Over Time
On $10,000 invested in SRTMX, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
SRTMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $949.4M
- Portfolio turnover (prospectus): 60%
- Securities lending: none during the year
SRTMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $286.5M | 31.77% |
| J.P. Morgan Securities LLC | $206.8M | 22.93% |
| Morgan Stanley & Co. LLC | $132.7M | 14.71% |
| Barclays Capital Inc. | $76.7M | 8.50% |
| BofA Securities, Inc. | $41.6M | 4.61% |
| RBC Capital Markets, LLC | $37.2M | 4.12% |
| Wells Fargo Securities, LLC | $36.2M | 4.02% |
| BNY Capital Markets, LLC | $32.1M | 3.56% |
| National Financial Services LLC | $26.6M | 2.95% |
| Truist Securities, Inc. | $25.6M | 2.83% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.