C000033136 Fees and Costs — Bread & Butter Fund, Inc., N/a Class
Data updated: 2020-08-12
The net expense ratio is 2.01%: a 1.00% management fee plus 1.88% other expenses, less a 0.88% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $111 in broker commissions, 0.0077% of average net assets, and portfolio turnover was 17%.
C000033136 Fees and Expenses
Annual operating expenses and sales charges of C000033136. Prospectus, as of April 30, 2014.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.88% |
| Gross expense ratio | 2.89% |
| Fee waiver | −0.88% |
| Net expense ratio | 2.01% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000033136 Costs Over Time
On $10,000 invested in C000033136, assuming 5% a year before costs, total costs come to $1,237 over 5 years, cutting the return by 2.12% 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 2.01%) | $211 | $652 | $1,118 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $33 | $115 |
| Total costs | $212 | $687 | $1,237 |
| Value after costs | $10,288 | $10,890 | $11,526 |
| Impact on return, per year | 2.12% | 2.12% | 2.12% |
C000033136 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0077%
- Total broker commissions: $111
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
C000033136 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD Ameritrade, Inc. | $111 | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.