TEUPX Fees and Costs — EUPAC Fund, Class T
Data updated: 2026-08-27
The net expense ratio is 0.83%: a 0.42% management fee, a 0.25% 12b-1 fee plus 0.16% other expenses. This share class carries a maximum front-end sales load of 2.50%. In fiscal 2026 the fund paid $88.4M in broker commissions, 0.0663% of average net assets, and portfolio turnover was 50%.
TEUPX Fees and Expenses
Annual operating expenses and sales charges of TEUPX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.42% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.83% |
| Fee waiver | — |
| Net expense ratio | 0.83% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TEUPX Costs Over Time
On $10,000 invested in TEUPX, assuming 5% a year before costs, total costs come to $867 over 5 years, cutting the return by 1.47% 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 | $250 | $250 | $250 |
| Fund expenses (net expense ratio 0.83%) | $85 | $265 | $461 |
| Trading costs (broker commissions) | $7 | $21 | $37 |
| Lost growth on money paid in costs | $12 | $54 | $119 |
| Total costs | $354 | $590 | $867 |
| Value after costs | $10,146 | $10,986 | $11,896 |
| Impact on return, per year | 3.54% | 1.82% | 1.47% |
TEUPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0663%
- Total broker commissions: $88.4M
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $731.5M
- Net income from securities lending: $3.5M (0.003% of average net assets)
TEUPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $10.6M | 16.56% |
| Morgan Stanley & Co. LLC | $10.1M | 15.88% |
| Bank of America, N.A. | $8.7M | 13.57% |
| J.P. Morgan Securities LLC | $7.3M | 11.48% |
| UBS AG | $7.1M | 11.15% |
| Jefferies & Company Inc. | $7.0M | 10.95% |
| Citigroup Global Markets Inc. | $3.8M | 5.92% |
| TD Securities (USA) | $3.6M | 5.60% |
| CLSA B.V. | $2.9M | 4.59% |
| Macquarie Bank Limited | $2.7M | 4.29% |
TEUPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $351.4M | 33.03% |
| Goldman Sachs & Co. LLC | $192.1M | 18.05% |
| J.P. Morgan Securities LLC | $185.3M | 17.42% |
| Bank of America, N.A. | $137.6M | 12.93% |
| SMBC Nikko Securities | $76.1M | 7.15% |
| Mizuho Bank, Ltd. | $69.9M | 6.57% |
| Citigroup Global Markets Inc. | $23.7M | 2.23% |
| UBS AG | $23.3M | 2.19% |
| Jefferies & Company Inc. | $4.6M | 0.44% |
| RBC Capital Markets LLC | $2 | 0.00% |
EUPAC Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FEUPX | Class F-3 | 0.47% | none |
| RERGX | Class R-6 | 0.47% | none |
| RERFX | Class R-5 | 0.52% | none |
| FEPUX | Class 529-F-3 | 0.53% | none |
| AEPFX | Class F-2 | 0.59% | none |
| FUEPX | Class 529-F-2 | 0.59% | none |
| RERHX | Class R-5E | 0.62% | none |
| REREX | Class R-4 | 0.82% | none |
| AEPGX | Class A | 0.83% | 5.75% |
| TEUPX | Class T | 0.83% | 2.50% |
| AEGFX | Class F-1 | 0.86% | none |
| CEUAX | Class 529-A | 0.86% | 3.50% |
| TEUGX | Class 529-T | 0.87% | 2.50% |
| CEUFX | Class 529-F-1 | 0.91% | none |
| CEUEX | Class 529-E | 1.09% | none |
| RERCX | Class R-3 | 1.12% | none |
| REEBX | Class R-2E | 1.27% | none |
| RERAX | Class R-1 | 1.57% | none |
| RERBX | Class R-2 | 1.57% | none |
| AEPCX | Class C | 1.58% | none |
| CEUCX | Class 529-C | 1.63% | 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.