WNTFX Fees and Costs — Nebraska Tax Free Income Fund
Data updated: 2026-02-26
The net expense ratio is 0.46%: a 0.40% management fee plus 0.81% other expenses, less a 0.76% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 5%.
WNTFX Fees and Expenses
Annual operating expenses and sales charges of WNTFX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.81% |
| Gross expense ratio | 1.22% |
| Fee waiver | −0.76% |
| Net expense ratio | 0.46% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
WNTFX Costs Over Time
On $10,000 invested in WNTFX, assuming 5% a year before costs, total costs come to $291 over 5 years, cutting the return by 0.48% 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 0.46%) | $48 | $152 | $264 |
| Lost growth on money paid in costs | $0 | $7 | $27 |
| Total costs | $48 | $159 | $291 |
| Value after costs | $10,452 | $11,417 | $12,472 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
WNTFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $38.3M
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
WNTFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $35.0M | 91.50% |
| MarketAxess Corporation | $1.4M | 3.58% |
| Piper Sandler & Co. | $867K | 2.27% |
| Wells Fargo Securities, LLC | $610K | 1.59% |
| J.P. Morgan Securities LLC | $256K | 0.67% |
| Northern Trust Securities, Inc. | $148K | 0.39% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.