Expense Ratio History

Fund fee changes in May 2026: 269 cuts, 263 increases

Prospectuses dated May 2026 changed the expense ratio of 532 share classes tracked on this site, across 94 fund companies: 269 cuts and 263 increases.

The big fund families

  • SSIMX State Street Income V.I.S. Fund (State Street): 1.38% to 1.62%, costing $24 a year on every $10,000, from 1 May 2026
  • FLJSX Franklin LifeSmart 2060 Retirement Target Fund (Franklin Templeton): 2.72% to 2.51%, saving $21 a year on every $10,000, from 1 May 2026
  • FACBX Franklin Templeton SMACS: Series C (Franklin Templeton): 1.58% to 1.79%, costing $21 a year on every $10,000, from 1 May 2026
  • FASBX Franklin Templeton SMACS: Series CP (Franklin Templeton): 1.58% to 1.79%, costing $21 a year on every $10,000, from 1 May 2026
  • TFEQX International Equity Series (Franklin Templeton): 1.03% to 1.21%, costing $18 a year on every $10,000, from 1 May 2026
  • TFSCX Foreign Smaller Companies Series (Franklin Templeton): 1.11% to 1.26%, costing $15 a year on every $10,000, from 1 May 2026
  • FLADX Franklin LifeSmart 2040 Retirement Target Fund (Franklin Templeton): 1.19% to 1.08%, saving $11 a year on every $10,000, from 1 May 2026
  • FLTFX Franklin LifeSmart 2055 Retirement Target Fund (Franklin Templeton): 1.44% to 1.33%, saving $11 a year on every $10,000, from 1 May 2026
  • FLSJX Franklin LifeSmart 2050 Retirement Target Fund (Franklin Templeton): 1.27% to 1.18%, saving $9 a year on every $10,000, from 1 May 2026
  • FLRZX Franklin LifeSmart 2030 Retirement Target Fund (Franklin Templeton): 0.89% to 0.80%, saving $9 a year on every $10,000, from 1 May 2026
  • PRIHX T. Rowe Price Intermediate Tax-Free High Yield Fund (T. Rowe Price): 0.89% to 0.80%, saving $9 a year on every $10,000, from 1 May 2026
  • SSUSX State Street U.S. Equity V.I.S. Fund (State Street): 0.85% to 0.94%, costing $9 a year on every $10,000, from 1 May 2026

The largest cuts

  • SAMM Strategas Macro Momentum ETF (Advisors' Inner Circle): 2.03% to 1.07%, saving $96 a year on every $10,000, from 1 May 2026
  • LHEAX LoCorr Hedged Core Fund (Locorr Investment): 2.99% to 2.27%, saving $72 a year on every $10,000, from 1 May 2026
  • TOPW Roundhill Top WeeklyPay ETF (Roundhill ETF): 1.28% to 0.61%, saving $67 a year on every $10,000, from 1 May 2026
  • OFIGX Oberweis Focused International Growth Fund (Oberweis): 2.22% to 1.78%, saving $44 a year on every $10,000, from 1 May 2026
  • LLGLX Longleaf Partners Global Fund (Longleaf Partners): 1.29% to 0.96%, saving $33 a year on every $10,000, from 1 May 2026
  • OBCHX Oberweis China Opportunities Fund (Oberweis): 2.16% to 1.83%, saving $33 a year on every $10,000, from 1 May 2026
  • BITC Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (Bitwise): 1.43% to 1.12%, saving $31 a year on every $10,000, from 1 May 2026
  • CNXT VanEck ChiNext Innovators ETF (VanEck): 1.27% to 1.00%, saving $27 a year on every $10,000, from 1 May 2026
  • ARTLX Artisan Value Fund (Artisan): 1.09% to 0.84%, saving $25 a year on every $10,000, from 31 May 2026
  • WXCIX William Blair Emerging Markets ex China Growth Fund (William Blair): 2.11% to 1.86%, saving $25 a year on every $10,000, from 1 May 2026

The largest increases

  • VNGYX Vontobel Global Equity Fund (Advisors' Inner Circle): 1.24% to 2.76%, costing $152 a year on every $10,000, from 1 May 2026
  • LSAAX LoCorr Strategic Allocation Fund (Locorr Investment): 2.03% to 2.81%, costing $78 a year on every $10,000, from 1 May 2026
  • RSX VanEck Russia ETF (VanEck): 0.93% to 1.33%, costing $40 a year on every $10,000, from 1 May 2026
  • YASLX AMG Yacktman Special Opportunities Fund (AMG): 0.82% to 1.18%, costing $36 a year on every $10,000, from 1 May 2026
  • AQGNX AQR Global Fund (AQR): 1.10% to 1.45%, costing $35 a year on every $10,000, from 12 May 2026
  • FSMSX FS Multi-Strategy Alternatives Fund (Advisors' Inner Circle): 1.72% to 2.05%, costing $33 a year on every $10,000, from 1 May 2026
  • LEQAX LoCorr Dynamic Opportunity Fund (Locorr Investment): 2.60% to 2.92%, costing $32 a year on every $10,000, from 1 May 2026
  • MWMIX VanEck Morningstar Wide Moat Fund (VanEck): 1.56% to 1.88%, costing $32 a year on every $10,000, from 1 May 2026
  • IIFAX Voya Balanced Income Portfolio (Voya): 1.26% to 1.55%, costing $29 a year on every $10,000, from 1 May 2026
  • AHLAX American Beacon AHL Managed Futures Strategy Fund (American Beacon): 1.92% to 2.18%, costing $26 a year on every $10,000, from 1 May 2026

Every change, with a link to its SEC filing, is on the fee changes page. The lists above show changes of 0.02% or more, leave out funds charging over 3% (one-off costs such as deferred tax move their totals a long way), and leave out moves of more than 80%, which usually turn out to be errors in the filing.

Sources

  • Fund prospectuses filed with the SEC; each fund's page links its filing.

Figures taken from SEC bulk data are rounded to 0.01%. The date is the prospectus date, which is usually when the new fee took effect. Filings arrive through the month, so a later round-up can add changes this one missed.

This is a record of fee changes, not a recommendation. A fund's fee is one fact among many.