Expense Ratio History

AVMUX expense ratio history

Avantis Core Municipal Fixed Income Fund, Institutional Class

Fund company
American Century
Type
Mutual fund

0.15%

In basis points
15 basis points
Yearly cost per $10,000
$15
Prospectus dated
1 January 2023, filed with the SEC; rounded to 0.01%

Fee over time

AVMUX expense ratio: read at 0.15% on 1 Jan 2023.0.00%0.10%0.20%0.30%Sep 2020Feb 2021Jul 2021Dec 2021May 2022Oct 20220.15% on 1 Jan 2023
AVMUX expense ratio: read at 0.15% on 1 Jan 2023.0.00%0.10%0.20%0.30%Sep 2020Jul 2021May 20220.15% on 1 Jan 2023
Each dot is a prospectus filed with the SEC or a date we read the fee from a source. The fee hasn't changed between them.

Share classes

The same fund is sold as 3 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
— — 0.93% 0.58% 9 May 2025
AVMUX (this page) Institutional Class 0.15% — 1 Jan 2023
AVFNX G Class 0.15% — 1 Jan 2023

Every figure we've recorded

DateFeeWhat happened
1 Jan 2023 0.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2022 0.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2021 0.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
10 Sep 2020 0.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-09-10 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.15% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$192 in fees over 10 years

After fees, $10,000 grows to $16,052.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$15
3 years$48
5 years$85
10 years$192

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 4 prospectuses for this share class since 2020. Each one is listed above with a link to the filing.

How we read fees

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