APHUX Fees and Costs — Artisan Floating Rate Fund, Institutional Shares
Data updated: 2026-08-28
The net expense ratio is 0.92% (1.26% before fee waivers). This share class carries a redemption fee of 2.00%. Portfolio turnover was 92%.
APHUX Fees and Expenses
Annual operating expenses and sales charges of APHUX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.68% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.56% |
| Gross expense ratio | 1.26% |
| Fee waiver | −0.34% |
| Net expense ratio | 0.92% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
APHUX Costs Over Time
On $10,000 invested in APHUX, assuming 5% a year before costs, total costs come to $576 over 5 years, cutting the return by 0.97% 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 0.92%) | $97 | $302 | $524 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $317 | $576 |
| Value after costs | $10,403 | $11,260 | $12,186 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
APHUX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $217.8M
- Portfolio turnover (prospectus): 92%
- Securities lending: none during the year
APHUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $139.8M | 66.94% |
| BofA Securities, Inc. | $14.7M | 7.04% |
| Jefferies LLC | $12.8M | 6.15% |
| Morgan Stanley & Co. LLC | $12.5M | 6.01% |
| Goldman Sachs & Co. LLC | $10.2M | 4.90% |
| Deutsche Bank Securities Inc. | $5.8M | 2.75% |
| UBS Securities LLC | $4.5M | 2.14% |
| Barclays Capital, Inc. | $3.7M | 1.75% |
| Citigroup Global Markets Inc. | $2.7M | 1.27% |
| Bank of Montreal | $2.2M | 1.04% |
Artisan Floating Rate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| APHUX | Institutional Shares | 0.92% | none |
| APDUX | Advisor Shares | 0.97% | none |
| ARTUX | Investor Shares | 1.07% | 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.