BUFGX Fees and Costs — Buffalo Growth Fund, Investor Class
Data updated: 2026-08-21
The net expense ratio is 0.90%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $16K in broker commissions, 0.0086% of average net assets, and portfolio turnover was 10%.
BUFGX Fees and Expenses
Annual operating expenses and sales charges of BUFGX. Prospectus, as of July 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.90% |
| Fee waiver | — |
| Net expense ratio | 0.90% |
| 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 |
BUFGX Costs Over Time
On $10,000 invested in BUFGX, assuming 5% a year before costs, total costs come to $569 over 5 years, cutting the return by 0.95% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $313 | $569 |
| Value after costs | $10,405 | $11,264 | $12,193 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
BUFGX 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): 0.0086%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $1.7M
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
BUFGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $7K | 41.76% |
| UBS Securities, LLC | $3K | 21.63% |
| J.P. Morgan Securities LLC | $2K | 15.62% |
| Jefferies LLC | $1K | 8.49% |
| BofA Securities, Inc. | $1K | 8.13% |
| Raymond James & Associates, Inc. | $632 | 4.03% |
| Robert W. Baird & Co., Inc. | $52 | 0.33% |
BUFGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $1.7M | 100.00% |
Buffalo Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BIIGX | Institutional Class | 0.77% | — |
| BUFGX | Investor Class | 0.90% | — |
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.