STFBX Fees and Costs — State Farm Balanced Fund
Data updated: 2026-08-28
The net expense ratio is 0.14%: a 0.11% management fee plus 0.06% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $174K in broker commissions, 0.0071% of average net assets, and portfolio turnover was 26%.
STFBX Fees and Expenses
Annual operating expenses and sales charges of STFBX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.11% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.17% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.14% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
STFBX Costs Over Time
On $10,000 invested in STFBX, assuming 5% a year before costs, total costs come to $94 over 5 years, cutting the return by 0.15% 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 0.14%) | $15 | $46 | $81 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $2 | $9 |
| Total costs | $15 | $51 | $94 |
| Value after costs | $10,485 | $11,525 | $12,669 |
| Impact on return, per year | 0.15% | 0.15% | 0.15% |
STFBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0071%
- Total broker commissions: $174K
- Bought from dealers (principal trades, not a cost): $942.2M
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
STFBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES INC | $84K | 48.32% |
| ITG INC. | $77K | 44.10% |
| UBS SECURITIES LLC | $6K | 3.29% |
| PIPER SANDLER & CO. | $5K | 3.07% |
| J.P. Morgan Securities LLC | $1K | 0.79% |
| Citigroup Global Markets Inc. | $490 | 0.28% |
| INSTINET, LLC | $255 | 0.15% |
| Citigroup Global Markets Limited | $11 | 0.01% |
STFBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Northern Trust Company | $561.1M | 64.96% |
| CITADEL SECURITIES LLC | $69.2M | 8.02% |
| BMO CAPITAL MARKETS CORP. | $67.0M | 7.76% |
| J.P. Morgan Securities LLC | $45.3M | 5.24% |
| JANE STREET CAPITAL, LLC | $29.9M | 3.47% |
| Wells Fargo Securities, LLC | $28.0M | 3.24% |
| GOLDMAN SACHS & CO. LLC | $19.2M | 2.22% |
| BNP PARIBAS SECURITIES CORP. | $16.0M | 1.85% |
| Citigroup Global Markets Inc. | $14.1M | 1.63% |
| Deutsche Bank Securities Inc. | $14.0M | 1.62% |
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.