C000063377 Fees and Costs — Penn Series Large Core Value Fund, Large Core Value Fund
Data updated: 2026-08-24
The net expense ratio is 0.88%: a 0.64% management fee plus 0.26% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $58K in broker commissions, 0.0462% of average net assets, and portfolio turnover was 61%.
C000063377 Fees and Expenses
Annual operating expenses and sales charges of C000063377. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 0.90% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.88% |
| 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 |
C000063377 Costs Over Time
On $10,000 invested in C000063377, assuming 5% a year before costs, total costs come to $580 over 5 years, cutting the return by 0.97% 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 0.88%) | $92 | $289 | $501 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $319 | $580 |
| Value after costs | $10,403 | $11,258 | $12,183 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
C000063377 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): 0.0462%
- Total broker commissions: $58K
- Bought from dealers (principal trades, not a cost): $20K
- Portfolio turnover (prospectus): 61%
- Securities lending: none during the year
C000063377 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $9K | 16.21% |
| SG AMERICAS SECURITIES LLC | $8K | 15.21% |
| Robert W. Baird & Co. Incorporated | $6K | 12.27% |
| J.P. Morgan Securities LLC | $6K | 12.04% |
| UBS Securities LLC | $6K | 11.29% |
| VIRTU AMERICAS LLC | $5K | 9.30% |
| BARCLAYS CAPITAL, INC. | $4K | 7.30% |
| BOFA SECURITIES, INC. | $4K | 6.84% |
| RBC CAPITAL MARKETS, LLC | $3K | 6.14% |
| JEFFERIES LLC | $2K | 3.40% |
C000063377 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $20K | 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.