ATVAX Fees and Costs — Athena Behavioral Tactical Fund, Class A
Data updated: 2025-07-14
The net expense ratio is 1.65% (2.34% before fee waivers). This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $12K in broker commissions, 0.0641% of average net assets, and portfolio turnover was 45%.
ATVAX Fees and Expenses
Annual operating expenses and sales charges of ATVAX. Prospectus, as of August 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.94% |
| Gross expense ratio | 2.34% |
| Fee waiver | −0.69% |
| Net expense ratio | 1.65% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
ATVAX Costs Over Time
On $10,000 invested in ATVAX, assuming 5% a year before costs, total costs come to $1,730 over 5 years, cutting the return by 3.01% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.65%) | $163 | $506 | $870 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $29 | $117 | $251 |
| Total costs | $773 | $1,217 | $1,730 |
| Value after costs | $9,727 | $10,359 | $11,033 |
| Impact on return, per year | 7.73% | 3.82% | 3.01% |
ATVAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0641%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 45%
- Securities lending: none during the year
ATVAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth | $12K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.