WRAIX Fees and Costs — Wilmington Global Alpha Equities Fund, Class I
Data updated: 2026-09-24
The net expense ratio is 1.25%: a 1.15% management fee plus 0.30% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $119K in broker commissions, 0.0491% of average net assets, and portfolio turnover was 66%.
WRAIX Fees and Expenses
Annual operating expenses and sales charges of WRAIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.46% |
| Fee waiver | −0.21% |
| Net expense ratio | 1.25% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
WRAIX Costs Over Time
On $10,000 invested in WRAIX, assuming 5% a year before costs, total costs come to $808 over 5 years, cutting the return by 1.36% 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 1.25%) | $131 | $408 | $706 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $136 | $445 | $808 |
| Value after costs | $10,364 | $11,131 | $11,955 |
| Impact on return, per year | 1.36% | 1.36% | 1.36% |
WRAIX 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): 0.0491%
- Total broker commissions: $119K
- Bought from dealers (principal trades, not a cost): $209K
- Portfolio turnover (prospectus): 66%
- Securities lending: none during the year
WRAIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $20K | 20.31% |
| MORGAN STANLEY & CO. LLC | $16K | 16.08% |
| BOFA SECURITIES, INC. | $11K | 11.00% |
| J.P. Morgan Securities LLC | $11K | 10.91% |
| UBS SECURITIES LLC | $10K | 9.77% |
| CitiGroup Global Markets Inc. | $9K | 8.96% |
| BARCLAYS CAPITAL, INC. | $8K | 8.18% |
| JEFFERIES LLC | $6K | 5.89% |
| INSTINET LLC | $5K | 4.89% |
| BNP PARIBAS SECURITIES CORP. | $4K | 4.02% |
WRAIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $98K | 46.58% |
| J.P. Morgan Securities LLC | $61K | 29.21% |
| MORGAN STANLEY & CO. LLC | $20K | 9.45% |
| BARCLAYS CAPITAL, INC. | $16K | 7.64% |
| JEFFERIES LLC | $15K | 7.11% |
Wilmington Global Alpha Equities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WRAIX | Class I | 1.25% | none |
| WRAAX | Class A | 1.50% | 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.