TIIUX Fees and Costs — Core Fixed Income Fund
Data updated: 2026-07-28
The net expense ratio is 0.47%: a 0.40% management fee plus 0.16% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $115K in broker commissions, 0.0065% of average net assets, and portfolio turnover was 390%.
TIIUX Fees and Expenses
Annual operating expenses and sales charges of TIIUX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.56% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.47% |
| 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 |
TIIUX Costs Over Time
On $10,000 invested in TIIUX, assuming 5% a year before costs, total costs come to $301 over 5 years, cutting the return by 0.50% 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 0.47%) | $49 | $155 | $270 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $50 | $165 | $301 |
| Value after costs | $10,450 | $11,412 | $12,462 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
TIIUX 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): 0.0065%
- Total broker commissions: $115K
- Bought from dealers (principal trades, not a cost): $6.8B
- Portfolio turnover (prospectus): 390%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $6K (0.000% of average net assets)
TIIUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WESTERN ASSET MANAGEMENT | $103K | 89.13% |
| Citigroup Global Markets Inc. | $5K | 4.49% |
| J.P. MORGAN SECURITIES LLC | $4K | 3.47% |
| Virtu Americas LLC | $968 | 0.84% |
| FLOW TRADERS U.S. INSTITUTIONAL TRADING LLC | $968 | 0.84% |
| Wells Fargo Securities LLC | $531 | 0.46% |
| BMO Capital Markets Corp. | $498 | 0.43% |
| Jefferies LLC | $394 | 0.34% |
TIIUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co, LLC | $2.0B | 35.88% |
| Wells Fargo Securities LLC | $706.0M | 12.39% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $654.1M | 11.48% |
| Citigroup Global Markets Inc. | $567.2M | 9.95% |
| J.P. MORGAN SECURITIES LLC | $405.2M | 7.11% |
| Mizuho Securities USA LLC | $333.6M | 5.85% |
| BARCLAYS CAPITAL INC. | $270.7M | 4.75% |
| BMO Capital Markets Corp. | $259.3M | 4.55% |
| TD Securities (USA) LLC. | $232.8M | 4.08% |
| BNP Paribas Securities Corp. | $225.1M | 3.95% |
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.