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Number of messages in the thread: 3

1. Date: 2009-06-25 16:32:34
Subject: 12b1 Fee
From: "HW \"Skip\" Weldon" <s...@y...com> Search message by this author

Please help settle a debate.

When looking at American Fund's Washington Mutual (AWSHX), they show a
"total expense ratio" of .58% and a 12b1 fee of .24%.

Is the 12b1 IN ADDITION TO the .58%, or part of the .58%?

Thanks.

-HW "Skip" Weldon
Columbia, SC

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2. Date: 2009-06-25 17:22:53
Subject: Re: 12b1 Fee
From: Tad Borek <b...@p...net> Search message by this author

HW "Skip" Weldon wrote:
> When looking at American Fund's Washington Mutual (AWSHX), they show a
> "total expense ratio" of .58% and a 12b1 fee of .24%.
>
> Is the 12b1 IN ADDITION TO the .58%, or part of the .58%?

Skip, in any disclosure coming from an investment company, "total
expense ratio" would include a 12b1, if there was one. The SEC requires
that a fund to disclose the 12b1 as part of its disclosures about
expenses. If AF is saying 0.24% and 0.58%, then the 0.24% is already
included in the 0.58%. If someone else is reporting it - well who knows
what some blogger might be saying? I'd check the prospectus and recent
quarterly or annual report to confirm.

-Tad

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3. Date: 2009-06-30 13:32:23
Subject: Re: 12b1 Fee
From: "Andrew Koenig" <a...@a...org> Search message by this author

"HW "Skip" Weldon" <s...@y...com> wrote in message
news:4m2745d1ki9ffroju9nek4gii18b10kfnl@4ax.com...

> When looking at American Fund's Washington Mutual (AWSHX), they show a
> "total expense ratio" of .58% and a 12b1 fee of .24%.
>
> Is the 12b1 IN ADDITION TO the .58%, or part of the .58%?

Don't forget the 5.75% purchase fee.

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