ATPRX Fees and Costs — Cantor Fitzgerald High Income Fund
Data updated: 2026-10-07
The net expense ratio is 0.81%: a 0.65% management fee plus 0.38% other expenses, less a 0.23% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 21%.
ATPRX Fees and Expenses
Annual operating expenses and sales charges of ATPRX. Prospectus, as of October 2, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.38% |
| Gross expense ratio | 1.04% |
| Fee waiver | −0.23% |
| Net expense ratio | 0.81% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| 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 |
ATPRX Costs Over Time
On $10,000 invested in ATPRX, assuming 5% a year before costs, total costs come to $509 over 5 years, cutting the return by 0.85% 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 0.81%) | $85 | $266 | $462 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $279 | $509 |
| Value after costs | $10,415 | $11,297 | $12,254 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
ATPRX 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): $23.1M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
ATPRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. INC. | $11.4M | 49.29% |
| GOLDMAN SACHS & CO. | $3.1M | 13.33% |
| J.P. MORGAN SECURITIES LLC | $2.8M | 12.00% |
| RBC CAPITAL MARKETS | $2.4M | 10.52% |
| BANK OF AMERICA MERRILL LYNCH | $2.0M | 8.76% |
| STIFEL NICOLAUS & COMPANY | $1.4M | 6.10% |
Cantor Fitzgerald High Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ATPRX | C000250876 | 0.81% | none |
| ATPYX | Institutional Class | 0.81% | none |
| ATPAX | Class A | 1.01% | 4.00% |
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.