WBCRX Fees and Costs — William Blair Small-Mid Cap Core Fund, Class R6
Data updated: 2026-08-14
The net expense ratio is 0.90%: a 0.90% management fee plus 0.14% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $72K in broker commissions, 0.0547% of average net assets, and portfolio turnover was 81%.
WBCRX Fees and Expenses
Annual operating expenses and sales charges of WBCRX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 1.04% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| 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 |
WBCRX Costs Over Time
On $10,000 invested in WBCRX, assuming 5% a year before costs, total costs come to $598 over 5 years, cutting the return by 1.00% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $328 | $598 |
| Value after costs | $10,400 | $11,248 | $12,165 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
WBCRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0547%
- Total broker commissions: $72K
- Bought from dealers (principal trades, not a cost): $720.4M
- Portfolio turnover (prospectus): 81%
- Securities lending: none during the year
WBCRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $9K | 16.38% |
| Robert W. Baird & Co. Incorporated | $8K | 14.78% |
| Goldman Sachs & Co. LLC | $6K | 11.35% |
| UBS Securities LLC | $6K | 11.06% |
| J.P. Morgan Securities LLC | $6K | 10.81% |
| Liquidnet, Inc. | $5K | 9.19% |
| Jefferies LLC | $4K | 7.62% |
| Morgan Stanley & Co. LLC | $4K | 6.95% |
| Barclays Capital Inc. | $3K | 6.29% |
| Canaccord Genuity LLC | $3K | 5.57% |
WBCRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $716.5M | 99.45% |
| Goldman Sachs & Co. LLC | $2.4M | 0.33% |
| J.P. Morgan Securities LLC | $1.6M | 0.22% |
William Blair Small-Mid Cap Core Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WBCRX | Class R6 | 0.90% | none |
| WBCIX | Class I | 0.95% | 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.