ARVVX Fees and Costs — ARGA International Value Fund, Investor Shares
Data updated: 2026-08-28
The net expense ratio is 1.15%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.38% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $90K in broker commissions, 0.0739% of average net assets, and portfolio turnover was 58%.
ARVVX Fees and Expenses
Annual operating expenses and sales charges of ARVVX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.38% |
| Gross expense ratio | 1.23% |
| Fee waiver | −0.08% |
| Net expense ratio | 1.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
ARVVX Costs Over Time
On $10,000 invested in ARVVX, assuming 5% a year before costs, total costs come to $762 over 5 years, cutting the return by 1.29% 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 | $376 | $650 |
| Trading costs (broker commissions) | $8 | $24 | $42 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $129 | $420 | $762 |
| Value after costs | $10,371 | $11,156 | $12,001 |
| Impact on return, per year | 1.29% | 1.29% | 1.29% |
ARVVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0739%
- Total broker commissions: $90K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 58%
- Securities lending: none during the year
ARVVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES | $41K | 47.32% |
| MORGAN STANLEY & CO, INC | $14K | 15.70% |
| SOCIETE GENERALE | $8K | 9.08% |
| HSBC | $7K | 7.79% |
| BARCLAY BANK PLC | $5K | 5.79% |
| J P MORGAN CHASE BANK | $4K | 4.07% |
| DAIWA SECURITIES AMERICA, I | $3K | 3.97% |
| NIKKO | $2K | 2.65% |
| INSTINET | $2K | 2.54% |
| GOLDMAN, SACHS & CO. | $950 | 1.08% |
ARGA International 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 |
|---|---|---|---|
| ARVIX | Institutional Shares | 0.75% | — |
| ARVVX | Investor Shares | 1.15% | — |
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.