TMUUX Fees and Costs — Municipal Bond Fund
Data updated: 2026-07-28
The net expense ratio is 0.70%: a 0.40% management fee plus 0.30% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 20%.
TMUUX Fees and Expenses
Annual operating expenses and sales charges of TMUUX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TMUUX Costs Over Time
On $10,000 invested in TMUUX, assuming 5% a year before costs, total costs come to $440 over 5 years, cutting the return by 0.73% 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 0.70%) | $74 | $230 | $400 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $241 | $440 |
| Value after costs | $10,426 | $11,335 | $12,322 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
TMUUX 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: —
- Bought from dealers (principal trades, not a cost): $117.0M
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
TMUUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $23.1M | 21.71% |
| BNY MELLON CAPITAL MARKETS, LLC | $22.7M | 21.38% |
| ROYAL BANK OF CANADA | $12.6M | 11.86% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $11.2M | 10.58% |
| FIDELITY MANAGEMENT & RESEARCH COMPANY | $7.9M | 7.40% |
| Wells Fargo Securities LLC | $7.1M | 6.71% |
| Goldman Sachs & Co, LLC | $6.6M | 6.23% |
| JANNEY MONTGOMERY SCOTT LLC | $5.7M | 5.35% |
| RAYMOND JAMES (USA) LTD. | $5.3M | 4.95% |
| BARCLAYS CAPITAL INC. | $4.1M | 3.83% |
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.