C000273896 Fees and Costs — Easterly Snow All Cap Value Fund, Class A
Data updated: 2026-09-11
The net expense ratio is 1.20%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.20% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $93K in broker commissions, 0.0193% of average net assets, and portfolio turnover was 38%.
C000273896 Fees and Expenses
Annual operating expenses and sales charges of C000273896. Prospectus, as of June 26, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.20% |
| Gross expense ratio | 1.20% |
| Fee waiver | — |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
C000273896 Costs Over Time
On $10,000 invested in C000273896, assuming 5% a year before costs, total costs come to $1,450 over 5 years, cutting the return by 2.50% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.20%) | $119 | $370 | $640 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $29 | $109 | $225 |
| Total costs | $724 | $1,060 | $1,450 |
| Value after costs | $9,776 | $10,516 | $11,313 |
| Impact on return, per year | 7.24% | 3.31% | 2.50% |
C000273896 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0193%
- Total broker commissions: $93K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 38%
- Securities on loan, average value: $0
- Net income from securities lending: $40K (0.008% of average net assets)
C000273896 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO | $35K | 37.78% |
| PERSHING LLC | $16K | 17.27% |
| ROYAL BANK OF CANADA | $16K | 16.92% |
| RAYMOND JAMES | $15K | 16.49% |
| NATIONAL FINANCIAL SERVICE CORP. | $6K | 6.69% |
| ISI GROUP INC. | $4K | 4.68% |
| KEYBANC CAPITAL MARKETS INC | $164 | 0.18% |
Easterly Snow All Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000273895 | Class I | 0.95% | none |
| C000273896 | Class A | 1.20% | 5.75% |
| C000273897 | Class C | 1.95% | none |
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.