TIOSX Fees and Costs — Nuveen International Opportunities Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 0.97%: a 0.58% management fee, a 0.25% 12b-1 fee plus 0.14% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $1.5M in broker commissions, 0.0642% of average net assets, and portfolio turnover was 58%.
TIOSX Fees and Expenses
Annual operating expenses and sales charges of TIOSX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.97% |
| Fee waiver | — |
| Net expense ratio | 0.97% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 | No |
TIOSX Costs Over Time
On $10,000 invested in TIOSX, assuming 5% a year before costs, total costs come to $1,343 over 5 years, cutting the return by 2.31% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.97%) | $96 | $299 | $519 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $29 | $106 | $215 |
| Total costs | $706 | $1,001 | $1,343 |
| Value after costs | $9,794 | $10,576 | $11,420 |
| Impact on return, per year | 7.06% | 3.12% | 2.31% |
TIOSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0642%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $9.1B
- Portfolio turnover (prospectus): 58%
- Securities on loan, average value: $28.9M
- Net income from securities lending: $124K (0.005% of average net assets)
TIOSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $256K | 20.25% |
| Morgan Stanley & Co. LLC | $185K | 14.58% |
| J.P. Morgan Securities LLC | $165K | 13.07% |
| Citigroup Global Markets Inc. | $157K | 12.37% |
| Goldman Sachs & Co. LLC | $132K | 10.42% |
| Bank of America | $108K | 8.55% |
| JEFFERIES LLC | $89K | 7.04% |
| RBC Capital Markets, LLC | $76K | 6.01% |
| CLSA Americas, LLC | $62K | 4.91% |
| Barclays Capital Inc. | $35K | 2.79% |
TIOSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $4.7B | 57.57% |
| BNY Mellon Capital Markets, LLC | $1.0B | 12.73% |
| UBS Securities LLC | $711.8M | 8.81% |
| Citigroup Global Markets Inc. | $391.9M | 4.85% |
| Morgan Stanley & Co. LLC | $319.3M | 3.95% |
| J.P. Morgan Securities LLC | $270.2M | 3.34% |
| Goldman Sachs & Co. LLC | $189.1M | 2.34% |
| Bank of America | $186.5M | 2.31% |
| Jefferies LLC | $170.4M | 2.11% |
| RBC CAPITAL MARKETS, LLC | $161.1M | 1.99% |
Nuveen International Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TIOVX | Class W | 0.00% | none |
| TIOIX | Class R6 | 0.60% | none |
| TIOHX | Class I | 0.68% | none |
| TIOPX | Premier Class | 0.75% | none |
| TIOTX | Retirement Class | 0.85% | none |
| TIOSX | Class A | 0.97% | 5.75% |
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.