C000123466 Fees and Costs — Foundry Partners Small Cap Value Fund, Investor Class
Data updated: 2025-03-31
The net expense ratio is 1.30%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $341K in broker commissions, 0.1225% of average net assets, and portfolio turnover was 144%.
C000123466 Fees and Expenses
Annual operating expenses and sales charges of C000123466. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.19% |
| Gross expense ratio | 1.30% |
| Fee waiver | — |
| Net expense ratio | 1.30% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000123466 Costs Over Time
On $10,000 invested in C000123466, assuming 5% a year before costs, total costs come to $882 over 5 years, cutting the return by 1.49% 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 1.30%) | $136 | $424 | $732 |
| Trading costs (broker commissions) | $13 | $40 | $69 |
| Lost growth on money paid in costs | $0 | $23 | $81 |
| Total costs | $149 | $487 | $882 |
| Value after costs | $10,351 | $11,089 | $11,881 |
| Impact on return, per year | 1.49% | 1.49% | 1.49% |
C000123466 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1225%
- Total broker commissions: $341K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 144%
- Securities lending: none during the year
C000123466 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET LLC | $142K | 41.78% |
| PIPER JAFFRAY & CO | $107K | 31.69% |
| LIQUIDNET INC | $23K | 6.84% |
| UBS Securities LLC | $17K | 4.98% |
| OUTSET GLOBAL LLP | $15K | 4.35% |
| D.A. DAVIDSON & CO. | $10K | 3.00% |
| Stifel, Nicolaus & Company, Inc. | $8K | 2.30% |
| J P MORGAN SECURITIES LLC | $8K | 2.28% |
| Jones Trading Institutional Services LLC | $7K | 2.03% |
| Keybanc Capital Markets Inc. | $3K | 0.74% |
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.