ADVJX Fees and Costs — Vaughan Nelson International Fund, Investor Class
Data updated: 2026-09-23
The net expense ratio is 1.15%: a 0.75% management fee, a 0.25% 12b-1 fee plus 1.08% other expenses, less a 0.93% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $89K in broker commissions, 0.2803% of average net assets, and portfolio turnover was 220%.
ADVJX Fees and Expenses
Annual operating expenses and sales charges of ADVJX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.08% |
| Gross expense ratio | 2.08% |
| Fee waiver | −0.93% |
| Net expense ratio | 1.15% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ADVJX Costs Over Time
On $10,000 invested in ADVJX, assuming 5% a year before costs, total costs come to $887 over 5 years, cutting the return by 1.50% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.15%) | $121 | $375 | $647 |
| Trading costs (broker commissions) | $29 | $91 | $158 |
| Lost growth on money paid in costs | $0 | $23 | $82 |
| Total costs | $150 | $490 | $887 |
| Value after costs | $10,350 | $11,087 | $11,876 |
| Impact on return, per year | 1.50% | 1.50% | 1.50% |
ADVJX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.2803%
- Total broker commissions: $89K
- Bought from dealers (principal trades, not a cost): $84.8M
- Portfolio turnover (prospectus): 220%
- Securities lending: none during the year
ADVJX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $45K | 52.09% |
| LIQUIDNET, INC. | $10K | 11.35% |
| BERENBERG CAPITAL MARKETS LLC | $10K | 11.34% |
| PAVILION GLOBAL MARKETS LTD. | $5K | 6.13% |
| Axis Capital Limited | $4K | 4.83% |
| Grupo Bursatil Mexicano | $4K | 4.79% |
| HSBC SECURITIES (USA) INC. | $3K | 3.68% |
| RAYMOND JAMES (USA) LTD. | $3K | 3.47% |
| RBC CAPITAL MARKETS, LLC | $1K | 1.48% |
| BIDS Trading | $705 | 0.82% |
ADVJX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BROWN BROTHERS HARRIMAN & CO. | $84.8M | 100.00% |
Vaughan Nelson International Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ADVLX | Institutional Class | 0.90% | none |
| ADVIX | Advisor Class | 1.15% | none |
| ADVJX | Investor Class | 1.15% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.