A fund's total annual expenses expressed as a percentage of the fund's average net assets for the year, as stated in its prospectus. (funds.eatonvance.com)
As would be expected, the yields of these funds — interest and dividends after expenses divided by average net asset value — increase as the target date approaches maturity. (aaii.com)
The total amount of expenses incurred by an investment fund on an annual basis, expressed as a percentage of the fund's average net assets for the year. (nextshares.com)