BVEFX Fees and Costs — Becker Value Equity Fund, Retail Class
Data updated: 2026-09-29
The net expense ratio is 0.78%: a 0.55% management fee plus 0.45% other expenses, less a 0.22% fee waiver. This share class carries a redemption fee of 1.00%. In fiscal 2025 the fund paid $23K in broker commissions, 0.0239% of average net assets, and portfolio turnover was 31%.
BVEFX Fees and Expenses
Annual operating expenses and sales charges of BVEFX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.45% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.78% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
BVEFX Costs Over Time
On $10,000 invested in BVEFX, assuming 5% a year before costs, total costs come to $505 over 5 years, cutting the return by 0.84% 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 0.78%) | $82 | $256 | $445 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $277 | $505 |
| Value after costs | $10,416 | $11,299 | $12,258 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
BVEFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0239%
- Total broker commissions: $23K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
BVEFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SANFORD C. BERNSTEIN & CO., LLC | $8K | 34.70% |
| STRATEGAS SECURITIES, LLC | $8K | 34.01% |
| J.P. MORGAN SECURITIES LLC | $4K | 18.27% |
| MORGAN STANLEY & CO. LLC | $3K | 12.54% |
| INSTINET, LLC | $66 | 0.29% |
| VIRTU AMERICAS LLC | $44 | 0.19% |
Becker Value Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BVEIX | Institutional Class | 0.68% | — |
| BVEFX | Retail Class | 0.78% | — |
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.