C000102285 Fees and Costs — The Disciplined Growth Investors Fund, Investor Class
Data updated: 2025-07-10
The net expense ratio is 0.78%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $172K in broker commissions, 0.0320% of average net assets, and portfolio turnover was 35%.
C000102285 Fees and Expenses
Annual operating expenses and sales charges of C000102285. Prospectus, as of August 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.78% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.78% |
| Fee waiver | — |
| Net expense ratio | 0.78% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000102285 Costs Over Time
On $10,000 invested in C000102285, assuming 5% a year before costs, total costs come to $510 over 5 years, cutting the return by 0.85% 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 | $11 | $18 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $280 | $510 |
| Value after costs | $10,415 | $11,297 | $12,253 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
C000102285 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0320%
- Total broker commissions: $172K
- Bought from dealers (principal trades, not a cost): $107.5M
- Portfolio turnover (prospectus): 35%
- Securities lending: none during the year
C000102285 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Capital Institutional Services | $113K | 65.68% |
| BTIG | $26K | 14.86% |
| PIPER SANDLER & CO. | $16K | 9.01% |
| WILLIAM BLAIR | $7K | 4.25% |
| NEEDHAM & COMPANY, LLC | $6K | 3.73% |
| CRAIG-HALLUM CAPITAL GROUP LLC | $4K | 2.47% |
C000102285 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Keybanc | $72.2M | 67.17% |
| Mischler Financial Group, Inc. | $35.3M | 32.83% |
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.