C000016368 Fees and Costs — Leuthold Core Investment Fund, Institutional Class
Data updated: 2025-02-18
The net expense ratio is 1.34%: a 0.90% management fee plus 0.44% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2024 the fund paid $340K in broker commissions, 0.0626% of average net assets, and portfolio turnover was 68%.
C000016368 Fees and Expenses
Annual operating expenses and sales charges of C000016368. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 1.34% |
| Fee waiver | — |
| Net expense ratio | 1.34% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000016368 Costs Over Time
On $10,000 invested in C000016368, assuming 5% a year before costs, total costs come to $870 over 5 years, cutting the return by 1.47% 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 1.34%) | $141 | $437 | $755 |
| Trading costs (broker commissions) | $7 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $147 | $480 | $870 |
| Value after costs | $10,353 | $11,096 | $11,893 |
| Impact on return, per year | 1.47% | 1.47% | 1.47% |
C000016368 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0626%
- Total broker commissions: $340K
- Bought from dealers (principal trades, not a cost): $59.2M
- Portfolio turnover (prospectus): 68%
- Securities lending: none during the year
C000016368 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| FIDELITY BROKERAGE SERVICES LLC | $210K | 61.81% |
| COWEN EXECUTION SERVICES LLC | $125K | 36.87% |
| MACQUARIE CAPITAL (USA) INC. | $5K | 1.32% |
C000016368 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RAYMOND JAMES & ASSOCIATES, INC. | $59.2M | 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.