CAVYX Fees and Costs — Catholic Values Equity Fund, Class Y
Data updated: 2026-07-29
The net expense ratio is 0.82%: a 0.45% management fee plus 0.37% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $42K in broker commissions, 0.0103% of average net assets, and portfolio turnover was 21%.
CAVYX Fees and Expenses
Annual operating expenses and sales charges of CAVYX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.37% |
| Gross expense ratio | 0.82% |
| Fee waiver | — |
| Net expense ratio | 0.82% |
| 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 |
CAVYX Costs Over Time
On $10,000 invested in CAVYX, assuming 5% a year before costs, total costs come to $521 over 5 years, cutting the return by 0.87% 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 0.82%) | $86 | $269 | $468 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $13 | $48 |
| Total costs | $87 | $286 | $521 |
| Value after costs | $10,413 | $11,290 | $12,242 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
CAVYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0103%
- Total broker commissions: $42K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
CAVYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MACQUARIE CAPITAL | $8K | 21.54% |
| UBS SECURITIES | $6K | 17.49% |
| J P MORGAN CHASE BANK | $5K | 15.34% |
| PIPER JAFFRAY | $3K | 8.65% |
| LOOP CAPITAL | $3K | 7.84% |
| JEFFERIES LLC | $2K | 6.41% |
| INSTINET | $2K | 6.19% |
| CITADEL SECURITIES | $2K | 5.92% |
| CITIGROUP | $2K | 5.85% |
| THEMIS TRADING LLC | $2K | 4.77% |
Catholic Values Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CAVYX | Class Y | 0.82% | — |
| CAVAX | Class F | 1.07% | — |
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.