Expense Ratio History

SVBXX expense ratio history

SDIT GOVERNMENT II FUND, SDIT GOVERNMENT II FUND - CLASS B

Fund company
SEI Daily Income Trust
Type
Mutual fund

0.58%

In basis points
58 basis points
Yearly cost per $10,000
$58
Prospectus dated
31 May 2015, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.59% on 31 May 2014

Fee over time

SVBXX expense ratio: 0.59% until 31 May 2014, then 0.58%; read at 0.58% on 31 May 2015.0.00%0.20%0.40%0.60%0.80%May 2011Feb 2012Nov 2012Aug 2013May 2014Feb 20150.59% before0.58% from 31 May 2014
SVBXX expense ratio: 0.59% until 31 May 2014, then 0.58%; read at 0.58% on 31 May 2015.0.00%0.20%0.40%0.60%0.80%May 2011Oct 2012Mar 20140.59% before0.58% from 31 May 2014
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

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
SVBXX (this page) SDIT GOVERNMENT II FUND - CLASS B 0.58% 0.50% 31 May 2015
TCGXX SDIT GOVERNMENT II FUND - CLASS F, effective 1-31-2017 (formerly Class A) 0.48% 0.20% 31 May 2026
SGTXX SDIT GOVERNMENT II FUND - CLASS C 0.78% 0.70% 31 May 2015

Every figure we've recorded

DateFeeWhat happened
31 May 2015 0.58% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-05-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 May 2014 0.58% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-05-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 May 2014 0.58% Cut from 0.59% to 0.58%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-06-20
31 May 2013 0.59% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-05-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 May 2012 0.59% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-05-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 May 2011 0.59% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-05-31 (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 0.58% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$727 in fees over 10 years

After fees, $10,000 grows to $15,390.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$59
3 years$186
5 years$325
10 years$727

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 5 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

More SEI Daily Income Trust funds