BPRLX Fees and Costs — Beacon Planned Return Strategy Fund, Institutional Class
Data updated: 2026-08-25
The net expense ratio is 1.23%: a 1.00% management fee plus 0.23% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $92K in broker commissions, 0.0270% of average net assets, and portfolio turnover was 0%.
BPRLX Fees and Expenses
Annual operating expenses and sales charges of BPRLX. Prospectus, as of February 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 1.23% |
| Fee waiver | — |
| Net expense ratio | 1.23% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
BPRLX Costs Over Time
On $10,000 invested in BPRLX, assuming 5% a year before costs, total costs come to $782 over 5 years, cutting the return by 1.32% 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 1.23%) | $129 | $402 | $695 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $132 | $431 | $782 |
| Value after costs | $10,368 | $11,145 | $11,981 |
| Impact on return, per year | 1.32% | 1.32% | 1.32% |
BPRLX 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): 0.0270%
- Total broker commissions: $92K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
BPRLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UHLMANN PRICE SECURITIES, LLC | $91K | 98.75% |
| JEFFERIES LLC | $1K | 1.25% |
Beacon Planned Return Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BPRLX | Institutional Class | 1.23% | none |
| BPRTX | Class A | 1.56% | 5.00% |
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.