COAGX Fees and Costs — Gator Capital Long/Short Fund
Data updated: 2026-09-29
The net expense ratio is 3.01%: a 1.00% management fee plus 2.00% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $80K in broker commissions, 0.1168% of average net assets, and portfolio turnover was 59%.
COAGX Fees and Expenses
Annual operating expenses and sales charges of COAGX. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.00% |
| Gross expense ratio | 3.01% |
| Fee waiver | — |
| Net expense ratio | 3.01% |
| 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 |
COAGX Costs Over Time
On $10,000 invested in COAGX, assuming 5% a year before costs, total costs come to $1,874 over 5 years, cutting the return by 3.28% 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 3.01%) | $316 | $965 | $1,635 |
| Trading costs (broker commissions) | $12 | $37 | $63 |
| Lost growth on money paid in costs | $0 | $50 | $175 |
| Total costs | $328 | $1,052 | $1,874 |
| Value after costs | $10,172 | $10,524 | $10,888 |
| Impact on return, per year | 3.28% | 3.28% | 3.28% |
COAGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1168%
- Total broker commissions: $80K
- Bought from dealers (principal trades, not a cost): $701K
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
COAGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES ELECTRONIC TRADING SOLUTIONS | $25K | 33.09% |
| KEEFE, BRUYETTE, & WOODS INC. | $13K | 17.79% |
| COMPASS POINT RESEARCH & TRADING LLC | $7K | 9.25% |
| OPPENHEIMER & CO., INC. | $6K | 7.89% |
| PIPER JAFFRAY & CO | $5K | 6.85% |
| SEAPORT GROUP | $5K | 6.30% |
| DAVIDSON (D.A.) & CO. INC. | $4K | 5.18% |
| JANNEY MONTGOMERY SCOTT LLC | $4K | 4.88% |
| HOVDE GROUP | $3K | 4.41% |
| RAYMOND JAMES & ASSOCIATES, INC | $3K | 4.37% |
COAGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| HOVDE GROUP | $701K | 100.00% |
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.