WTAXX Fees and Costs — Wilmington U.S. Treasury Money Market Fund, Administrative Class
Data updated: 2026-08-28
The net expense ratio is 0.60%: a 0.15% management fee, a 0.25% 12b-1 fee plus 0.32% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees.
WTAXX Fees and Expenses
Annual operating expenses and sales charges of WTAXX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.32% |
| Gross expense ratio | 0.72% |
| Fee waiver | −0.12% |
| Net expense ratio | 0.60% |
| 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 |
WTAXX Costs Over Time
On $10,000 invested in WTAXX, assuming 5% a year before costs, total costs come to $378 over 5 years, cutting the return by 0.63% 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 0.60%) | $63 | $197 | $344 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
WTAXX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $230.9B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
WTAXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MIZUHO SECURITIES USA LLC | $76.2B | 33.00% |
| DEUTSCHE BANK SECURITIES, INC. | $55.2B | 23.91% |
| TD SECURITIES (USA) LLC | $51.8B | 22.44% |
| BNY MELLON CAPITAL MARKETS, LLC | $32.4B | 14.03% |
| Sumitomo Mitsui Banking Corporation | $14.2B | 6.16% |
| MORGAN STANLEY & CO. LLC | $418.7M | 0.18% |
| GOLDMAN SACHS & CO. LLC | $197.9M | 0.09% |
| CitiGroup Global Markets Inc. | $173.2M | 0.08% |
| J.P. Morgan Securities LLC | $164.2M | 0.07% |
| SMBC NIKKO SECURITIES AMERICA, INC. | $125.0M | 0.05% |
Wilmington U.S. Treasury Money Market Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WTQXX | Preferred Institutional Class | 0.16% | none |
| WTIXX | Institutional Class | 0.25% | none |
| WTEXX | Select Class | 0.32% | none |
| WTAXX | Administrative Class | 0.60% | none |
| WTSXX | Service Class | 0.66% | none |
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.