WCGXX Fees and Costs — U.S. Government Select Portfolio, Siebert Williams Shank Shares
Data updated: 2026-05-05
The net expense ratio is 0.20%: a 0.18% management fee plus 0.03% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees.
WCGXX Fees and Expenses
Annual operating expenses and sales charges of WCGXX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | — |
| Other expenses | 0.03% |
| Gross expense ratio | 0.21% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| 7-day yield | 3.66% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
WCGXX Costs Over Time
On $10,000 invested in WCGXX, assuming 5% a year before costs, total costs come to $127 over 5 years, cutting the return by 0.21% 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 0.20%) | $21 | $66 | $116 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $69 | $127 |
| Value after costs | $10,479 | $11,507 | $12,636 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
WCGXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $48.6B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
WCGXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS BANK PLC | $13.7B | 29.57% |
| BANK OF AMERICA CORPORATION | $7.4B | 16.03% |
| Nomura Securities International, Inc. | $6.1B | 13.21% |
| DEUTSCHE BANK SECURITIES INC. | $4.7B | 10.14% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $4.4B | 9.37% |
| JEFFERIES LLC | $3.3B | 7.20% |
| Academy Securities, Inc. | $2.3B | 5.00% |
| JPMorgan Chase Bank, National Association | $2.0B | 4.24% |
| Citadel Enterprise Americas, LLC | $1.8B | 3.78% |
| CITIGROUP GLOBAL MARKETS INC. | $684.6M | 1.47% |
U.S. Government Select Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BGSXX | Shares | 0.20% | — |
| BSCXX | Service Shares | 0.20% | — |
| BSDXX | C000003423 | 0.20% | — |
| WCGXX | Siebert Williams Shank Shares | 0.20% | — |
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.