APXIX Fees and Costs — Aristotle Pacific EXclusive Fund Series I
Data updated: 2026-08-26
The net expense ratio is 0.00% (0.03% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 44%.
APXIX Fees and Expenses
Annual operating expenses and sales charges of APXIX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.03% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
APXIX Costs Over Time
On $10,000 invested in APXIX, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
APXIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $5.4M
- Portfolio turnover (prospectus): 44%
- Securities lending: none during the year
APXIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES INC. | $887K | 19.89% |
| GOLDMAN SACHS & CO. LLC | $761K | 17.07% |
| SANTANDER US CAPITAL MARKETS LLC | $716K | 16.06% |
| WELLS FARGO SECURITIES LLC | $495K | 11.11% |
| BNP PARIBAS SECURITIES CORP. | $395K | 8.86% |
| BARCLAYS CAPITAL INC. | $349K | 7.84% |
| PERSHING LLC | $336K | 7.53% |
| J.P. MORGAN SECURITIES LLC | $189K | 4.25% |
| PNC WEALTH MANAGEMENT LLC | $184K | 4.12% |
| MORGAN STANLEY & CO. LLC | $145K | 3.26% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.