Fee Reimbursement

Repayment to an adviser of previously waived or supported expenses when contractual conditions are satisfied.

Why this matters to income investors

Reimbursed expenses can change the reported cost of operating the fund.

How to use fee reimbursement in your research

Read the fee formula and its base in the latest filing. Calculate what the charge takes from assets or earnings, then check whether waivers are temporary and whether the remaining income supports distributions.

This material is general education and information, not individualized investment, tax, or legal advice.