BTMFX Fees and Costs — Boston Trust Midcap Fund
Data updated: 2026-08-26
The net expense ratio is 0.98%: a 0.75% management fee plus 0.23% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $38K in broker commissions, 0.0159% of average net assets, and portfolio turnover was 30%.
BTMFX Fees and Expenses
Annual operating expenses and sales charges of BTMFX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.98% |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| 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 | No |
| Waived fees subject to recoupment | Yes |
BTMFX Costs Over Time
On $10,000 invested in BTMFX, assuming 5% a year before costs, total costs come to $623 over 5 years, cutting the return by 1.05% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $342 | $623 |
| Value after costs | $10,395 | $11,234 | $12,140 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
BTMFX 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): 0.0159%
- Total broker commissions: $38K
- Bought from dealers (principal trades, not a cost): $84.9M
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
BTMFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $14K | 38.36% |
| PIPER SANDLER & CO. | $9K | 24.53% |
| State Street Bank and Trust Company | $5K | 13.18% |
| MORGAN STANLEY & CO. LLC | $2K | 5.18% |
| KEEFE, BRUYETTE & WOODS, INC. | $2K | 4.84% |
| RBC CAPITAL MARKETS, LLC | $2K | 4.73% |
| J.P. MORGAN SECURITIES LLC | $1K | 3.27% |
| JEFFERIES LLC. | $1K | 2.82% |
| TD SECURITIES (USA) LLC | $693 | 1.87% |
| WELLS FARGO SECURITIES, LLC | $454 | 1.22% |
BTMFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Northern Trust Company | $84.9M | 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.