AICGX Fees and Costs — Disciplined Value Fund, R5 Class
Data updated: 2026-09-14
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $650K in broker commissions, 0.0333% of average net assets, and portfolio turnover was 85%.
AICGX Fees and Expenses
Annual operating expenses and sales charges of AICGX. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AICGX Costs Over Time
On $10,000 invested in AICGX, assuming 5% a year before costs, total costs come to $305 over 5 years, cutting the return by 0.51% 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 0.45%) | $47 | $148 | $258 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $167 | $305 |
| Value after costs | $10,449 | $11,409 | $12,457 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
AICGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0333%
- Total broker commissions: $650K
- Bought from dealers (principal trades, not a cost): $2.2B
- Portfolio turnover (prospectus): 85%
- Securities lending: none during the year
AICGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA MERRILL LYNCH | $82K | 17.53% |
| MORGAN STANLEY | $65K | 14.05% |
| J.P. MORGAN SECURITIES | $50K | 10.81% |
| JEFFERIES LLC | $48K | 10.33% |
| BERNSTEIN INSTITUTIONAL SERVICES | $46K | 9.77% |
| UBS WARBURG | $43K | 9.19% |
| CITIGROUP CAPITAL MARKETS INC. | $39K | 8.27% |
| BARCLAYS CAPITAL | $35K | 7.56% |
| EVERCORE ISI INVESTMENT GROUP | $30K | 6.34% |
| PIPER SANDLER & CO | $29K | 6.14% |
AICGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS LLC | $2.2B | 99.02% |
| BMO CAPITAL MARKETS | $21.7M | 0.98% |
Disciplined Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AICGX | R5 Class | 0.45% | none |
| AMGIX | I Class | 0.45% | none |
| BIGRX | Investor Class | 0.65% | none |
| AMADX | A Class | 0.90% | 5.75% |
| AICRX | R Class | 1.15% | none |
| ACGCX | C Class | 1.65% | 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.