CMIDX Fees and Costs — Congress Mid Cap Growth Fund, Retail Class
Data updated: 2026-09-29
The net expense ratio is 1.08%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.23% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $361K in broker commissions, 0.0411% of average net assets, and portfolio turnover was 57%.
CMIDX Fees and Expenses
Annual operating expenses and sales charges of CMIDX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 1.08% |
| Fee waiver | — |
| Net expense ratio | 1.08% |
| 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 | Yes |
CMIDX Costs Over Time
On $10,000 invested in CMIDX, assuming 5% a year before costs, total costs come to $700 over 5 years, cutting the return by 1.18% 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 1.08%) | $113 | $353 | $612 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $385 | $700 |
| Value after costs | $10,382 | $11,191 | $12,063 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
CMIDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0411%
- Total broker commissions: $361K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 57%
- Securities lending: none during the year
CMIDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $93K | 29.92% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $40K | 12.86% |
| OPPENHEIMER & CO. INC. | $35K | 11.25% |
| MORGAN STANLEY & CO. LLC | $29K | 9.29% |
| WILLIAM BLAIR & COMPANY L.L.C. | $23K | 7.34% |
| KEYBANC CAPITAL MARKETS INC. | $20K | 6.53% |
| JEFFERIES LLC | $20K | 6.52% |
| WELLS FARGO SECURITIES, LLC | $19K | 6.13% |
| Evercore Group, LLC | $17K | 5.36% |
| J.P. MORGAN SECURITIES LLC | $15K | 4.78% |
Congress Mid Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IMIDX | Institutional Class | 0.82% | — |
| CMIDX | Retail Class | 1.08% | — |
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.