C000018291 Fees and Costs — Penn Series Mid Core Value Fund, Mid Core Value Fund
Data updated: 2026-08-24
The net expense ratio is 1.03%: a 0.68% management fee plus 0.36% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $22K in broker commissions, 0.0297% of average net assets, and portfolio turnover was 67%.
C000018291 Fees and Expenses
Annual operating expenses and sales charges of C000018291. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.68% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.36% |
| Gross expense ratio | 1.04% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.03% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
C000018291 Costs Over Time
On $10,000 invested in C000018291, assuming 5% a year before costs, total costs come to $662 over 5 years, cutting the return by 1.11% 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 1.03%) | $108 | $337 | $584 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $364 | $662 |
| Value after costs | $10,389 | $11,212 | $12,101 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
C000018291 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): 0.0297%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 67%
- Securities lending: none during the year
C000018291 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $3K | 16.61% |
| MORGAN STANLEY & CO. LLC | $3K | 15.32% |
| SANFORD C. BERNSTEIN & CO., LLC | $2K | 13.97% |
| J.P. Morgan Securities LLC | $2K | 12.67% |
| CITIGROUP GLOBAL MARKETS INC. | $2K | 12.31% |
| BARCLAYS CAPITAL, INC. | $1K | 7.39% |
| UBS Securities LLC | $1K | 7.19% |
| EVERCORE GROUP L.L.C. | $938 | 5.57% |
| Robert W. Baird & Co. Incorporated | $859 | 5.10% |
| GOLDMAN SACHS & CO. LLC | $653 | 3.87% |
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.