APDOX Fees and Costs — Artisan Emerging Markets Debt Opportunities Fund, Advisor Shares
Data updated: 2026-08-28
The net expense ratio is 1.16%: a 0.75% management fee plus 0.73% other expenses, less a 0.32% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0084% of average net assets, and portfolio turnover was 92%.
APDOX Fees and Expenses
Annual operating expenses and sales charges of APDOX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.73% |
| Gross expense ratio | 1.48% |
| Fee waiver | −0.32% |
| Net expense ratio | 1.16% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
APDOX Costs Over Time
On $10,000 invested in APDOX, assuming 5% a year before costs, total costs come to $728 over 5 years, cutting the return by 1.23% 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 1.16%) | $122 | $379 | $657 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $19 | $67 |
| Total costs | $123 | $401 | $728 |
| Value after costs | $10,377 | $11,175 | $12,034 |
| Impact on return, per year | 1.23% | 1.23% | 1.23% |
APDOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0084%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $508.8M
- Portfolio turnover (prospectus): 92%
- Securities lending: none during the year
APDOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $8K | 100.00% |
APDOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $254.6M | 59.04% |
| Federal Reserve Bank of New York | $53.2M | 12.33% |
| HSBC Securities (USA) Inc. | $28.1M | 6.52% |
| Citigroup Global Markets Inc. | $26.1M | 6.05% |
| Tullett Prebon Financial Services LLC | $16.1M | 3.73% |
| Morgan Stanley & Co. LLC | $14.1M | 3.28% |
| Standard Chartered Bank | $12.2M | 2.83% |
| RBC Capital Markets, LLC | $11.7M | 2.72% |
| VANTAGE CAPITAL MARKETS LLP | $8.8M | 2.04% |
| Tradition Securities and Derivatives Inc. | $6.3M | 1.47% |
Artisan Emerging Markets Debt Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| APHOX | Institutional Shares | 1.11% | none |
| APDOX | Advisor Shares | 1.16% | none |
| APFOX | Investor Shares | 1.26% | 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.