CPAYX Fees and Costs — Integrity Dividend Summit Fund, Class C
Data updated: 2026-10-13
The net expense ratio is 1.74%: a 0.75% management fee, a 1.00% 12b-1 fee plus 1.44% other expenses, less a 1.45% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $9K in broker commissions, 0.0675% of average net assets, and portfolio turnover was 43%.
CPAYX Fees and Expenses
Annual operating expenses and sales charges of CPAYX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 1.44% |
| Gross expense ratio | 3.19% |
| Fee waiver | −1.45% |
| Net expense ratio | 1.74% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
CPAYX Costs Over Time
On $10,000 invested in CPAYX, assuming 5% a year before costs, total costs come to $1,112 over 5 years, cutting the return by 1.90% 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 | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.74%) | $183 | $565 | $972 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $29 | $103 |
| Total costs | $293 | $616 | $1,112 |
| Value after costs | $10,207 | $10,960 | $11,650 |
| Impact on return, per year | 2.93% | 1.90% | 1.90% |
CPAYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0675%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 43%
CPAYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WALL STREET ACCESS | $8K | 98.95% |
| J.P. MORGAN SECURITIES LLC | $90 | 1.05% |
Integrity Dividend Summit Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IPAYX | Class I | 0.74% | none |
| APAYX | Class A | 0.99% | 5.00% |
| CPAYX | Class C | 1.74% | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.