WINAX Fees and Costs — Wilmington International Fund, Class A
Data updated: 2026-09-24
The net expense ratio is 1.11% (1.50% before fee waivers). This share class carries a maximum front-end sales load of 5.50%. In fiscal 2026 the fund paid $190K in broker commissions, 0.0351% of average net assets, and portfolio turnover was 34%.
WINAX Fees and Expenses
Annual operating expenses and sales charges of WINAX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.78% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.44% |
| Gross expense ratio | 1.50% |
| Fee waiver | −0.39% |
| Net expense ratio | 1.11% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 |
WINAX Costs Over Time
On $10,000 invested in WINAX, assuming 5% a year before costs, total costs come to $1,377 over 5 years, cutting the return by 2.37% 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 | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.11%) | $110 | $343 | $594 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $27 | $104 | $214 |
| Total costs | $691 | $1,008 | $1,377 |
| Value after costs | $9,809 | $10,568 | $11,386 |
| Impact on return, per year | 6.91% | 3.14% | 2.37% |
WINAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0351%
- Total broker commissions: $190K
- Bought from dealers (principal trades, not a cost): $1.9M
- Portfolio turnover (prospectus): 34%
- Securities on loan, average value: $20.0M
- Net income from securities lending: $195K (0.036% of average net assets)
WINAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $28K | 17.13% |
| GOLDMAN SACHS & CO. LLC | $24K | 14.67% |
| UBS SECURITIES LLC | $20K | 12.38% |
| MORGAN STANLEY & CO. LLC | $20K | 12.24% |
| J.P. Morgan Securities LLC | $19K | 11.30% |
| CitiGroup Global Markets Inc. | $14K | 8.27% |
| JEFFERIES LLC | $12K | 7.47% |
| BARCLAYS CAPITAL, INC. | $11K | 6.60% |
| INSTINET LLC | $10K | 5.88% |
| BNP PARIBAS SECURITIES CORP. | $7K | 4.06% |
WINAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $1.1M | 54.86% |
| CREDIT AGRICOLE SECURITIES (USA) INC. | $338K | 17.36% |
| J.P. Morgan Securities LLC | $270K | 13.86% |
| BNY MELLON CAPITAL MARKETS, LLC | $187K | 9.62% |
| CitiGroup Global Markets Inc. | $84K | 4.29% |
Wilmington International Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WINIX | Class I | 0.86% | none |
| WINAX | Class A | 1.11% | 5.50% |
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.