THYUX Fees and Costs — High Yield Fund
Data updated: 2026-07-28
The net expense ratio is 0.82%: a 0.70% management fee plus 0.32% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $23 in broker commissions, and portfolio turnover was 62%.
THYUX Fees and Expenses
Annual operating expenses and sales charges of THYUX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.32% |
| Gross expense ratio | 1.02% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.82% |
| 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 |
THYUX Costs Over Time
On $10,000 invested in THYUX, assuming 5% a year before costs, total costs come to $515 over 5 years, cutting the return by 0.86% 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 0.82%) | $86 | $269 | $468 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $86 | $282 | $515 |
| Value after costs | $10,414 | $11,294 | $12,248 |
| Impact on return, per year | 0.86% | 0.86% | 0.86% |
THYUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $23
- Bought from dealers (principal trades, not a cost): $181.9M
- Portfolio turnover (prospectus): 62%
- Securities lending: none during the year
THYUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| EVERCORE GROUP L.L.C. | $23 | 100.00% |
THYUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $87.9M | 54.14% |
| J.P. MORGAN SECURITIES LLC | $18.4M | 11.36% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $13.1M | 8.08% |
| Citigroup Global Markets Inc. | $11.8M | 7.24% |
| Goldman Sachs & Co, LLC | $9.4M | 5.81% |
| Wells Fargo Securities LLC | $5.9M | 3.64% |
| BARCLAYS CAPITAL INC. | $5.5M | 3.37% |
| ROYAL BANK OF CANADA | $4.6M | 2.83% |
| DEUTSCHE BANK SECURITIES INC. | $3.1M | 1.94% |
| Jane Street Execution Services, Llc | $2.6M | 1.59% |
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.