WTAIX Fees and Costs — Wilmington Municipal Bond Fund, Class I
Data updated: 2026-09-24
The net expense ratio is 0.47%: a 0.45% management fee plus 0.15% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $943 in broker commissions, 0.0003% of average net assets, and portfolio turnover was 12%.
WTAIX Fees and Expenses
Annual operating expenses and sales charges of WTAIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.60% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.47% |
| 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 |
WTAIX Costs Over Time
On $10,000 invested in WTAIX, assuming 5% a year before costs, total costs come to $297 over 5 years, cutting the return by 0.49% 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 0.47%) | $49 | $155 | $270 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $163 | $297 |
| Value after costs | $10,451 | $11,414 | $12,466 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
WTAIX 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): 0.0003%
- Total broker commissions: $943
- Bought from dealers (principal trades, not a cost): $96.5M
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
WTAIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $943 | 100.00% |
WTAIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $18.2M | 20.51% |
| MORGAN STANLEY & CO. LLC | $13.4M | 15.12% |
| BOFA SECURITIES, INC. | $13.4M | 15.09% |
| RBC CAPITAL MARKETS, LLC | $9.4M | 10.62% |
| PERSHING LLC | $8.0M | 9.05% |
| STONEX FINANCIAL INC. | $7.3M | 8.19% |
| Truist Securities, Inc. | $6.8M | 7.66% |
| NATIONAL FINANCIAL SERVICES LLC | $5.0M | 5.58% |
| GOLDMAN SACHS & CO. LLC | $4.2M | 4.68% |
| WELLS FARGO SECURITIES, LLC | $3.1M | 3.49% |
Wilmington Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WTAIX | Class I | 0.47% | none |
| WTABX | Class A | 0.72% | 4.50% |
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.