BUFBX Fees and Costs — Buffalo Flexible Allocation Fund, Investor Class
Data updated: 2026-08-21
The net expense ratio is 1.00%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $29K in broker commissions, 0.0065% of average net assets, and portfolio turnover was 0%.
BUFBX Fees and Expenses
Annual operating expenses and sales charges of BUFBX. Prospectus, as of July 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 1.00% |
| Fee waiver | — |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BUFBX Costs Over Time
On $10,000 invested in BUFBX, assuming 5% a year before costs, total costs come to $629 over 5 years, cutting the return by 1.06% 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 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $346 | $629 |
| Value after costs | $10,394 | $11,230 | $12,133 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
BUFBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0065%
- Total broker commissions: $29K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
BUFBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $18K | 62.97% |
| Instinet, LLC | $5K | 18.14% |
| Hilltop Securities, Inc. | $5K | 17.01% |
| RBC Capital Markets, LLC | $550 | 1.89% |
Buffalo Flexible Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BUIBX | Institutional Class | 0.86% | — |
| BUFBX | Investor Class | 1.00% | — |
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.