497 1 g96055e497.txt NATIONS FUNDS TRUST INVESTMENT & EXPENSE INFORMATION SUPPLEMENT NATIONS FUNDS TRUST NATIONS CALIFORNIA MUNICIPAL BOND FUND NATIONS FLORIDA MUNICIPAL BOND FUND NATIONS KANSAS MUNICIPAL INCOME FUND NATIONS TENNESSEE INTERMEDIATE MUNICIPAL BOND FUND NATIONS INTERMEDIATE MUNICIPAL BOND FUND NATIONS SHORT-INTERMEDIATE GOVERNMENT FUND NATIONS GOVERNMENT SECURITIES FUND NATIONS STRATEGIC INCOME FUND INVESTOR A, B AND C SHARES (THE "FUNDS") SUPPLEMENT DATED JUNE 30, 2005 TO THE PROSPECTUSES DATED AUGUST 1, 2004, AS AMENDED The prospectuses for these share classes of the Funds are hereby supplemented to reflect the following: HYPOTHETICAL INVESTMENT AND EXPENSE INFORMATION The supplemental hypothetical investment information on the following pages provides additional information about the effect of the expenses of each Fund, including investment advisory fees and other Fund costs, on the Funds' returns over a 10-year period. The charts show the estimated expenses that would be charged on a hypothetical investment of $10,000 in each class of the Funds assuming a 5% return each year, the hypothetical year-end balance before expenses and the cumulative return after fees and expenses. The charts also assume that the annual expense ratios stay the same throughout the 10-year period, that all dividends and distributions are reinvested and that Investor B Shares convert to Investor A Shares after eight years. The annual expense ratio used for each Fund, which is the same as that stated in the Annual Fund Operating Expenses tables, is reflected in the charts and is net of any contractual fee waiver or expense reimbursement. Your actual costs may be higher or lower. 1 NATIONS CALIFORNIA MUNICIPAL BOND FUND -- INVESTOR A SHARES*
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 0.85% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,001.25 4.15% $ 9,920.29 $ 557.64 2 10.25% $10,501.31 8.47% $10,331.98 $ 86.07 3 15.76% $11,026.38 12.97% $10,760.76 $ 89.64 4 21.55% $11,577.70 17.66% $11,207.33 $ 93.36 5 27.63% $12,156.58 22.55% $11,672.43 $ 97.24 6 34.01% $12,764.41 27.63% $12,156.84 $ 101.27 7 40.71% $13,402.63 32.93% $12,661.35 $ 105.48 8 47.75% $14,072.76 38.44% $13,186.79 $ 109.85 9 55.13% $14,776.40 44.19% $13,734.04 $ 114.41 10 62.89% $15,515.22 50.17% $14,304.01 $ 119.16 TOTAL GAIN BEFORE FEES & EXPENSES $ 5,990.22 TOTAL GAIN AFTER FEES & EXPENSES $ 4,779.01 TOTAL ANNUAL FEES & EXPENSES PAID $1,474.14
*THE YEAR ONE HYPOTHETICAL INVESTMENT AND EXPENSE INFORMATION SHOWN INCLUDE THE DOLLAR AMOUNT AND EFFECT OF ANY APPLICABLE FRONT-END SALES CHARGE OF THE FUND. NATIONS CALIFORNIA MUNICIPAL BOND FUND -- INVESTOR B SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.60% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.40% $10,340.00 $ 162.72 2 10.25% $11,025.00 6.92% $10,691.56 $ 168.25 3 15.76% $11,576.25 10.55% $11,055.07 $ 173.97 4 21.55% $12,155.06 14.31% $11,430.95 $ 179.89 5 27.63% $12,762.82 18.20% $11,819.60 $ 186.00 6 34.01% $13,400.96 22.21% $12,221.46 $ 192.33 7 40.71% $14,071.00 26.37% $12,636.99 $ 198.87 8 47.75% $14,774.55 30.67% $13,066.65 $ 205.63 9 55.13% $15,513.28 36.01% $13,601.08 $ 121.34 10 62.89% $16,288.95 41.57% $14,157.36 $ 126.30 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 4,157.36 TOTAL ANNUAL FEES & EXPENSES PAID $1,715.30
2 NATIONS CALIFORNIA MUNICIPAL BOND FUND -- INVESTOR C SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.60% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.40% $10,340.00 $ 162.72 2 10.25% $11,025.00 6.92% $10,691.56 $ 168.25 3 15.76% $11,576.25 10.55% $11,055.07 $ 173.97 4 21.55% $12,155.06 14.31% $11,430.95 $ 179.89 5 27.63% $12,762.82 18.20% $11,819.60 $ 186.00 6 34.01% $13,400.96 22.21% $12,221.46 $ 192.33 7 40.71% $14,071.00 26.37% $12,636.99 $ 198.87 8 47.75% $14,774.55 30.67% $13,066.65 $ 205.63 9 55.13% $15,513.28 35.11% $13,510.92 $ 212.62 10 62.89% $16,288.95 39.70% $13,970.29 $ 219.85 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 3,970.29 TOTAL ANNUAL FEES & EXPENSES PAID $1,900.13
NATIONS FLORIDA MUNICIPAL BOND FUND -- INVESTOR A SHARES*
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 0.85% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,001.25 4.15% $ 9,920.29 $ 557.64 2 10.25% $10,501.31 8.47% $10,331.98 $ 86.07 3 15.76% $11,026.38 12.97% $10,760.76 $ 89.64 4 21.55% $11,577.70 17.66% $11,207.33 $ 93.36 5 27.63% $12,156.58 22.55% $11,672.43 $ 97.24 6 34.01% $12,764.41 27.63% $12,156.84 $ 101.27 7 40.71% $13,402.63 32.93% $12,661.35 $ 105.48 8 47.75% $14,072.76 38.44% $13,186.79 $ 109.85 9 55.13% $14,776.40 44.19% $13,734.04 $ 114.41 10 62.89% $15,515.22 50.17% $14,304.01 $ 119.16 TOTAL GAIN BEFORE FEES & EXPENSES $ 5,990.22 TOTAL GAIN AFTER FEES & EXPENSES $ 4,779.01 TOTAL ANNUAL FEES & EXPENSES PAID $1,474.14
*THE YEAR ONE HYPOTHETICAL INVESTMENT AND EXPENSE INFORMATION SHOWN INCLUDE THE DOLLAR AMOUNT AND EFFECT OF ANY APPLICABLE FRONT-END SALES CHARGE OF THE FUND. 3 NATIONS FLORIDA MUNICIPAL BOND FUND -- INVESTOR B SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.60% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.40% $10,340.00 $ 162.72 2 10.25% $11,025.00 6.92% $10,691.56 $ 168.25 3 15.76% $11,576.25 10.55% $11,055.07 $ 173.97 4 21.55% $12,155.06 14.31% $11,430.95 $ 179.89 5 27.63% $12,762.82 18.20% $11,819.60 $ 186.00 6 34.01% $13,400.96 22.21% $12,221.46 $ 192.33 7 40.71% $14,071.00 26.37% $12,636.99 $ 198.87 8 47.75% $14,774.55 30.67% $13,066.65 $ 205.63 9 55.13% $15,513.28 35.87% $13,586.70 $ 135.93 10 62.89% $16,288.95 41.27% $14,127.46 $ 141.34 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 4,127.46 TOTAL ANNUAL FEES & EXPENSES PAID $1,744.94
NATIONS FLORIDA MUNICIPAL BOND FUND -- INVESTOR C SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.60% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.40% $10,340.00 $ 162.72 2 10.25% $11,025.00 6.92% $10,691.56 $ 168.25 3 15.76% $11,576.25 10.55% $11,055.07 $ 173.97 4 21.55% $12,155.06 14.31% $11,430.95 $ 179.89 5 27.63% $12,762.82 18.20% $11,819.60 $ 186.00 6 34.01% $13,400.96 22.21% $12,221.46 $ 192.33 7 40.71% $14,071.00 26.37% $12,636.99 $ 198.87 8 47.75% $14,774.55 30.67% $13,066.65 $ 205.63 9 55.13% $15,513.28 35.11% $13,510.92 $ 212.62 10 62.89% $16,288.95 39.70% $13,970.29 $ 219.85 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 3,970.29 TOTAL ANNUAL FEES & EXPENSES PAID $1,900.13
4 NATIONS KANSAS MUNICIPAL INCOME FUND -- INVESTOR A SHARES*
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 0.85% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,158.75 4.15% $10,076.51 $ 408.94 2 10.25% $10,666.69 8.47% $10,494.69 $ 87.43 3 15.76% $11,200.02 12.97% $10,930.22 $ 91.06 4 21.55% $11,760.02 17.66% $11,383.82 $ 94.83 5 27.63% $12,348.02 22.55% $11,856.25 $ 98.77 6 34.01% $12,965.43 27.63% $12,348.28 $ 102.87 7 40.71% $13,613.70 32.93% $12,860.74 $ 107.14 8 47.75% $14,294.38 38.44% $13,394.46 $ 111.58 9 55.13% $15,009.10 44.19% $13,950.33 $ 116.22 10 62.89% $15,759.56 50.17% $14,529.27 $ 121.04 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,084.56 TOTAL GAIN AFTER FEES & EXPENSES $ 4,854.27 TOTAL ANNUAL FEES & EXPENSES PAID $1,339.88
*THE YEAR ONE HYPOTHETICAL INVESTMENT AND EXPENSE INFORMATION SHOWN INCLUDE THE DOLLAR AMOUNT AND EFFECT OF ANY APPLICABLE FRONT-END SALES CHARGE OF THE FUND. NATIONS KANSAS MUNICIPAL INCOME FUND -- INVESTOR B SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.60% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.40% $10,340.00 $ 162.72 2 10.25% $11,025.00 6.92% $10,691.56 $ 168.25 3 15.76% $11,576.25 10.55% $11,055.07 $ 173.97 4 21.55% $12,155.06 14.31% $11,430.95 $ 179.89 5 27.63% $12,762.82 18.20% $11,819.60 $ 186.00 6 34.01% $13,400.96 22.21% $12,221.46 $ 192.33 7 40.71% $14,071.00 26.37% $12,636.99 $ 198.87 8 47.75% $14,774.55 30.67% $13,066.65 $ 205.63 9 55.13% $15,513.28 35.76% $13,576.25 $ 146.54 10 62.89% $16,288.95 41.06% $14,105.72 $ 152.25 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 4,105.72 TOTAL ANNUAL FEES & EXPENSES PAID $1,766.45
5 NATIONS KANSAS MUNICIPAL INCOME FUND -- INVESTOR C SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.60% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.40% $10,340.00 $ 162.72 2 10.25% $11,025.00 6.92% $10,691.56 $ 168.25 3 15.76% $11,576.25 10.55% $11,055.07 $ 173.97 4 21.55% $12,155.06 14.31% $11,430.95 $ 179.89 5 27.63% $12,762.82 18.20% $11,819.60 $ 186.00 6 34.01% $13,400.96 22.21% $12,221.46 $ 192.33 7 40.71% $14,071.00 26.37% $12,636.99 $ 198.87 8 47.75% $14,774.55 30.67% $13,066.65 $ 205.63 9 55.13% $15,513.28 35.11% $13,510.92 $ 212.62 10 62.89% $16,288.95 39.70% $13,970.29 $ 219.85 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 3,970.29 TOTAL ANNUAL FEES & EXPENSES PAID $1,900.13
NATIONS TENNESSEE INTERMEDIATE MUNICIPAL BOND FUND -- INVESTOR A SHARES*
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 0.75% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,158.75 4.25% $10,086.19 $ 399.10 2 10.25% $10,666.69 8.68% $10,514.85 $ 77.25 3 15.76% $11,200.02 13.30% $10,961.73 $ 80.54 4 21.55% $11,760.02 18.11% $11,427.61 $ 83.96 5 27.63% $12,348.02 23.13% $11,913.28 $ 87.53 6 34.01% $12,965.43 28.37% $12,419.59 $ 91.25 7 40.71% $13,613.70 33.82% $12,947.43 $ 95.13 8 47.75% $14,294.38 39.51% $13,497.69 $ 99.17 9 55.13% $15,009.10 45.44% $14,071.34 $ 103.38 10 62.89% $15,759.56 51.62% $14,669.37 $ 107.78 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,084.56 TOTAL GAIN AFTER FEES & EXPENSES $ 4,994.37 TOTAL ANNUAL FEES & EXPENSES PAID $1,225.09
*THE YEAR ONE HYPOTHETICAL INVESTMENT AND EXPENSE INFORMATION SHOWN INCLUDE THE DOLLAR AMOUNT AND EFFECT OF ANY APPLICABLE FRONT-END SALES CHARGE OF THE FUND. 6 NATIONS TENNESSEE INTERMEDIATE MUNICIPAL BOND FUND -- INVESTOR B SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.50% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.50% $10,350.00 $ 152.63 2 10.25% $11,025.00 7.12% $10,712.25 $ 157.97 3 15.76% $11,576.25 10.87% $11,087.18 $ 163.50 4 21.55% $12,155.06 14.75% $11,475.23 $ 169.22 5 27.63% $12,762.82 18.77% $11,876.86 $ 175.14 6 34.01% $13,400.96 22.93% $12,292.55 $ 181.27 7 40.71% $14,071.00 27.23% $12,722.79 $ 187.62 8 47.75% $14,774.55 31.68% $13,168.09 $ 194.18 9 55.13% $15,513.28 36.75% $13,675.06 $ 154.35 10 62.89% $16,288.95 42.02% $14,201.55 $ 160.29 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 4,201.55 TOTAL ANNUAL FEES & EXPENSES PAID $1,696.15
NATIONS TENNESSEE INTERMEDIATE MUNICIPAL BOND FUND -- INVESTOR C SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.50% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.50% $10,350.00 $ 152.63 2 10.25% $11,025.00 7.12% $10,712.25 $ 157.97 3 15.76% $11,576.25 10.87% $11,087.18 $ 163.50 4 21.55% $12,155.06 14.75% $11,475.23 $ 169.22 5 27.63% $12,762.82 18.77% $11,876.86 $ 175.14 6 34.01% $13,400.96 22.93% $12,292.55 $ 181.27 7 40.71% $14,071.00 27.23% $12,722.79 $ 187.62 8 47.75% $14,774.55 31.68% $13,168.09 $ 194.18 9 55.13% $15,513.28 36.29% $13,628.97 $ 200.98 10 62.89% $16,288.95 41.06% $14,105.99 $ 208.01 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 4,105.99 TOTAL ANNUAL FEES & EXPENSES PAID $1,790.50
7 NATIONS INTERMEDIATE MUNICIPAL BOND FUND -- INVESTOR A SHARES*
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 0.75% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,158.75 4.25% $10,086.19 $ 399.10 2 10.25% $10,666.69 8.68% $10,514.85 $ 77.25 3 15.76% $11,200.02 13.30% $10,961.73 $ 80.54 4 21.55% $11,760.02 18.11% $11,427.61 $ 83.96 5 27.63% $12,348.02 23.13% $11,913.28 $ 87.53 6 34.01% $12,965.43 28.37% $12,419.59 $ 91.25 7 40.71% $13,613.70 33.82% $12,947.43 $ 95.13 8 47.75% $14,294.38 39.51% $13,497.69 $ 99.17 9 55.13% $15,009.10 45.44% $14,071.34 $ 103.38 10 62.89% $15,759.56 51.62% $14,669.37 $ 107.78 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,084.56 TOTAL GAIN AFTER FEES & EXPENSES $ 4,994.37 TOTAL ANNUAL FEES & EXPENSES PAID $1,225.09
*THE YEAR ONE HYPOTHETICAL INVESTMENT AND EXPENSE INFORMATION SHOWN INCLUDE THE DOLLAR AMOUNT AND EFFECT OF ANY APPLICABLE FRONT-END SALES CHARGE OF THE FUND. NATIONS INTERMEDIATE MUNICIPAL BOND FUND -- INVESTOR B SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.50% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.50% $10,350.00 $ 152.63 2 10.25% $11,025.00 7.12% $10,712.25 $ 157.97 3 15.76% $11,576.25 10.87% $11,087.18 $ 163.50 4 21.55% $12,155.06 14.75% $11,475.23 $ 169.22 5 27.63% $12,762.82 18.77% $11,876.86 $ 175.14 6 34.01% $13,400.96 22.93% $12,292.55 $ 181.27 7 40.71% $14,071.00 27.23% $12,722.79 $ 187.62 8 47.75% $14,774.55 31.68% $13,168.09 $ 194.18 9 55.13% $15,513.28 37.21% $13,721.15 $ 107.56 10 62.89% $16,288.95 42.97% $14,297.44 $ 112.07 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 4,297.44 TOTAL ANNUAL FEES & EXPENSES PAID $1,601.15
8 NATIONS INTERMEDIATE MUNICIPAL BOND FUND -- INVESTOR C SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.50% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.50% $10,350.00 $ 152.63 2 10.25% $11,025.00 7.12% $10,712.25 $ 157.97 3 15.76% $11,576.25 10.87% $11,087.18 $ 163.50 4 21.55% $12,155.06 14.75% $11,475.23 $ 169.22 5 27.63% $12,762.82 18.77% $11,876.86 $ 175.14 6 34.01% $13,400.96 22.93% $12,292.55 $ 181.27 7 40.71% $14,071.00 27.23% $12,722.79 $ 187.62 8 47.75% $14,774.55 31.68% $13,168.09 $ 194.18 9 55.13% $15,513.28 36.29% $13,628.97 $ 200.98 10 62.89% $16,288.95 41.06% $14,105.99 $ 208.01 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 4,105.99 TOTAL ANNUAL FEES & EXPENSES PAID $1,790.50
NATIONS SHORT-INTERMEDIATE GOVERNMENT FUND -- INVESTOR A SHARES*
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 0.80% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,395.00 4.20% $10,315.80 $ 180.86 2 10.25% $10,914.75 8.58% $10,749.06 $ 84.26 3 15.76% $11,460.49 13.14% $11,200.52 $ 87.80 4 21.55% $12,033.51 17.89% $11,670.95 $ 91.49 5 27.63% $12,635.19 22.84% $12,161.13 $ 95.33 6 34.01% $13,266.95 28.00% $12,671.89 $ 99.33 7 40.71% $13,930.29 33.37% $13,204.11 $ 103.50 8 47.75% $14,626.81 38.98% $13,758.69 $ 107.85 9 55.13% $15,358.15 44.81% $14,336.55 $ 112.38 10 62.89% $16,126.06 50.90% $14,938.69 $ 117.10 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,226.06 TOTAL GAIN AFTER FEES & EXPENSES $ 5,038.69 TOTAL ANNUAL FEES & EXPENSES PAID $1,079.90
*THE YEAR ONE HYPOTHETICAL INVESTMENT AND EXPENSE INFORMATION SHOWN INCLUDE THE DOLLAR AMOUNT AND EFFECT OF ANY APPLICABLE FRONT-END SALES CHARGE OF THE FUND. 9 NATIONS SHORT-INTERMEDIATE GOVERNMENT FUND -- INVESTOR B SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.55% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.45% $10,345.00 $ 157.67 2 10.25% $11,025.00 7.02% $10,701.90 $ 163.11 3 15.76% $11,576.25 10.71% $11,071.12 $ 168.74 4 21.55% $12,155.06 14.53% $11,453.07 $ 174.56 5 27.63% $12,762.82 18.48% $11,848.20 $ 180.58 6 34.01% $13,400.96 22.57% $12,256.97 $ 186.82 7 40.71% $14,071.00 26.80% $12,679.83 $ 193.26 8 47.75% $14,774.55 31.17% $13,117.29 $ 199.93 9 55.13% $15,513.28 36.68% $13,668.21 $ 107.14 10 62.89% $16,288.95 42.42% $14,242.28 $ 111.64 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 4,242.28 TOTAL ANNUAL FEES & EXPENSES PAID $1,643.46
NATIONS SHORT-INTERMEDIATE GOVERNMENT FUND -- INVESTOR C SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.55% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.45% $10,345.00 $ 157.67 2 10.25% $11,025.00 7.02% $10,701.90 $ 163.11 3 15.76% $11,576.25 10.71% $11,071.12 $ 168.74 4 21.55% $12,155.06 14.53% $11,453.07 $ 174.56 5 27.63% $12,762.82 18.48% $11,848.20 $ 180.58 6 34.01% $13,400.96 22.57% $12,256.97 $ 186.82 7 40.71% $14,071.00 26.80% $12,679.83 $ 193.26 8 47.75% $14,774.55 31.17% $13,117.29 $ 199.93 9 55.13% $15,513.28 35.70% $13,569.83 $ 206.83 10 62.89% $16,288.95 40.38% $14,037.99 $ 213.96 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 4,037.99 TOTAL ANNUAL FEES & EXPENSES PAID $1,845.46
10 NATIONS GOVERNMENT SECURITIES FUND -- INVESTOR A SHARES*
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 0.95% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,001.25 4.05% $ 9,910.76 $ 567.32 2 10.25% $10,501.31 8.26% $10,312.15 $ 96.06 3 15.76% $11,026.38 12.65% $10,729.79 $ 99.95 4 21.55% $11,577.70 17.21% $11,164.35 $ 104.00 5 27.63% $12,156.58 21.96% $11,616.50 $ 108.21 6 34.01% $12,764.41 26.90% $12,086.97 $ 112.59 7 40.71% $13,402.63 32.04% $12,576.49 $ 117.15 8 47.75% $14,072.76 37.38% $13,085.84 $ 121.90 9 55.13% $14,776.40 42.95% $13,615.82 $ 126.83 10 62.89% $15,515.22 48.74% $14,167.26 $ 131.97 TOTAL GAIN BEFORE FEES & EXPENSES $ 5,990.22 TOTAL GAIN AFTER FEES & EXPENSES $ 4,642.26 TOTAL ANNUAL FEES & EXPENSES PAID $1,585.98
*THE YEAR ONE HYPOTHETICAL INVESTMENT AND EXPENSE INFORMATION SHOWN INCLUDE THE DOLLAR AMOUNT AND EFFECT OF ANY APPLICABLE FRONT-END SALES CHARGE OF THE FUND. NATIONS GOVERNMENT SECURITIES FUND -- INVESTOR B SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.70% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.30% $10,330.00 $ 172.81 2 10.25% $11,025.00 6.71% $10,670.89 $ 178.51 3 15.76% $11,576.25 10.23% $11,023.03 $ 184.40 4 21.55% $12,155.06 13.87% $11,386.79 $ 190.48 5 27.63% $12,762.82 17.63% $11,762.55 $ 196.77 6 34.01% $13,400.96 21.51% $12,150.72 $ 203.26 7 40.71% $14,071.00 25.52% $12,551.69 $ 209.97 8 47.75% $14,774.55 29.66% $12,965.90 $ 216.90 9 55.13% $15,513.28 34.91% $13,491.02 $ 125.67 10 62.89% $16,288.95 40.37% $14,037.40 $ 130.76 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 4,037.40 TOTAL ANNUAL FEES & EXPENSES PAID $1,809.53
11 NATIONS GOVERNMENT SECURITIES FUND -- INVESTOR C SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.70% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.30% $10,330.00 $ 172.81 2 10.25% $11,025.00 6.71% $10,670.89 $ 178.51 3 15.76% $11,576.25 10.23% $11,023.03 $ 184.40 4 21.55% $12,155.06 13.87% $11,386.79 $ 190.48 5 27.63% $12,762.82 17.63% $11,762.55 $ 196.77 6 34.01% $13,400.96 21.51% $12,150.72 $ 203.26 7 40.71% $14,071.00 25.52% $12,551.69 $ 209.97 8 47.75% $14,774.55 29.66% $12,965.90 $ 216.90 9 55.13% $15,513.28 33.94% $13,393.77 $ 224.06 10 62.89% $16,288.95 38.36% $13,835.77 $ 231.45 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 3,835.77 TOTAL ANNUAL FEES & EXPENSES PAID $2,008.60
NATIONS STRATEGIC INCOME FUND -- INVESTOR A SHARES*
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.01% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,001.25 3.99% $ 9,905.05 $ 573.12 2 10.25% $10,501.31 8.14% $10,300.26 $ 102.04 3 15.76% $11,026.38 12.45% $10,711.24 $ 106.11 4 21.55% $11,577.70 16.94% $11,138.62 $ 110.34 5 27.63% $12,156.58 21.61% $11,583.05 $ 114.74 6 34.01% $12,764.41 26.46% $12,045.21 $ 119.32 7 40.71% $13,402.63 31.50% $12,525.82 $ 124.08 8 47.75% $14,072.76 36.75% $13,025.60 $ 129.03 9 55.13% $14,776.40 42.21% $13,545.32 $ 134.18 10 62.89% $15,515.22 47.88% $14,085.78 $ 139.54 TOTAL GAIN BEFORE FEES & EXPENSES $ 5,990.22 TOTAL GAIN AFTER FEES & EXPENSES $ 4,560.78 TOTAL ANNUAL FEES & EXPENSES PAID $1,652.51
*THE YEAR ONE HYPOTHETICAL INVESTMENT AND EXPENSE INFORMATION SHOWN INCLUDE THE DOLLAR AMOUNT AND EFFECT OF ANY APPLICABLE FRONT-END SALES CHARGE OF THE FUND. 12 NATIONS STRATEGIC INCOME FUND -- INVESTOR B SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.76% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.24% $10,324.00 $ 178.85 2 10.25% $11,025.00 6.58% $10,658.50 $ 184.65 3 15.76% $11,576.25 10.04% $11,003.83 $ 190.63 4 21.55% $12,155.06 13.60% $11,360.36 $ 196.80 5 27.63% $12,762.82 17.28% $11,728.43 $ 203.18 6 34.01% $13,400.96 21.08% $12,108.43 $ 209.76 7 40.71% $14,071.00 25.01% $12,500.75 $ 216.56 8 47.75% $14,774.55 29.06% $12,905.77 $ 223.58 9 55.13% $15,513.28 34.21% $13,420.71 $ 132.95 10 62.89% $16,288.95 39.56% $13,956.20 $ 138.25 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 3,956.20 TOTAL ANNUAL FEES & EXPENSES PAID $1,875.22
NATIONS STRATEGIC INCOME FUND -- INVESTOR C SHARES
ANNUAL EXPENSE RATIO INITIAL HYPOTHETICAL INVESTMENT AMOUNT ASSUMED RATE OF RETURN 1.76% $10,000.00 5% CUMULATIVE RETURN HYPOTHETICAL YEAR- CUMULATIVE RETURN HYPOTHETICAL YEAR- ANNUAL BEFORE FEES AND END BALANCE BEFORE AFTER FEES AND END BALANCE AFTER FEES AND YEAR EXPENSES FEES AND EXPENSES EXPENSES FEES AND EXPENSES EXPENSES 1 5.00% $10,500.00 3.24% $10,324.00 $ 178.85 2 10.25% $11,025.00 6.58% $10,658.50 $ 184.65 3 15.76% $11,576.25 10.04% $11,003.83 $ 190.63 4 21.55% $12,155.06 13.60% $11,360.36 $ 196.80 5 27.63% $12,762.82 17.28% $11,728.43 $ 203.18 6 34.01% $13,400.96 21.08% $12,108.43 $ 209.76 7 40.71% $14,071.00 25.01% $12,500.75 $ 216.56 8 47.75% $14,774.55 29.06% $12,905.77 $ 223.58 9 55.13% $15,513.28 33.24% $13,323.92 $ 230.82 10 62.89% $16,288.95 37.56% $13,755.61 $ 238.30 TOTAL GAIN BEFORE FEES & EXPENSES $ 6,288.95 TOTAL GAIN AFTER FEES & EXPENSES $ 3,755.61 TOTAL ANNUAL FEES & EXPENSES PAID $2,073.14
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