CMLIX Fees and Costs — Congress Large Cap Growth Fund, Institutional Class
Data updated: 2026-09-29
The net expense ratio is 0.66%: a 0.50% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $55K in broker commissions, 0.0098% of average net assets, and portfolio turnover was 22%.
CMLIX Fees and Expenses
Annual operating expenses and sales charges of CMLIX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CMLIX Costs Over Time
On $10,000 invested in CMLIX, assuming 5% a year before costs, total costs come to $422 over 5 years, cutting the return by 0.70% 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 0.66%) | $69 | $217 | $378 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $70 | $231 | $422 |
| Value after costs | $10,430 | $11,345 | $12,341 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
CMLIX 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): 0.0098%
- Total broker commissions: $55K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
CMLIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $15K | 27.95% |
| Evercore Group, LLC | $9K | 17.11% |
| MORGAN STANLEY & CO. LLC | $8K | 15.05% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $5K | 10.20% |
| WILLIAM BLAIR & COMPANY L.L.C. | $4K | 7.09% |
| JEFFERIES LLC | $4K | 6.60% |
| BNY MELLON CAPITAL MARKETS, LLC | $3K | 5.81% |
| OPPENHEIMER & CO. INC. | $3K | 5.31% |
| J.P. MORGAN SECURITIES LLC | $2K | 2.91% |
| LOOP CAPITAL MARKETS LLC | $1K | 1.97% |
Congress Large 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 |
|---|---|---|---|
| CMLIX | Institutional Class | 0.66% | — |
| CAMLX | Retail Class | 0.91% | — |
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.