CRMMX Fees and Costs — CRM Mid Cap Value Fund, Investor Class
Data updated: 2026-09-29
The net expense ratio is 1.22%: a 0.75% management fee plus 0.47% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $104K in broker commissions, 0.0352% of average net assets, and portfolio turnover was 27%.
CRMMX Fees and Expenses
Annual operating expenses and sales charges of CRMMX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.47% |
| Gross expense ratio | 1.22% |
| Fee waiver | — |
| Net expense ratio | 1.22% |
| 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 |
CRMMX Costs Over Time
On $10,000 invested in CRMMX, assuming 5% a year before costs, total costs come to $781 over 5 years, cutting the return by 1.32% 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 1.22%) | $128 | $399 | $689 |
| Trading costs (broker commissions) | $4 | $12 | $20 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $132 | $430 | $781 |
| Value after costs | $10,368 | $11,146 | $11,982 |
| Impact on return, per year | 1.32% | 1.32% | 1.32% |
CRMMX 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): 0.0352%
- Total broker commissions: $104K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 27%
- Securities on loan, average value: $2.0M
- Net income from securities lending: $990 (0.000% of average net assets)
CRMMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| KEEFE, BRUYETTE, & WOODS INC. | $15K | 16.68% |
| JEFFERIES & COMPANY, INC. | $13K | 13.75% |
| J.P. MORGAN SECURITIES LLC | $11K | 11.67% |
| KEYBANC CAPITAL MARKETS INC | $10K | 11.16% |
| UBS SECURITIES LLC | $10K | 10.53% |
| TRUIST SECURITIES, INC. | $9K | 9.87% |
| INSTINET, LLC | $9K | 9.81% |
| RBC CAPITAL MARKETS, LLC | $7K | 7.67% |
| ROBERT W. BAIRD & CO. INCORPORATED | $5K | 5.37% |
| GOLDMAN SACHS & CO. LLC | $3K | 3.49% |
CRM Mid Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CRIMX | Institutional Class | 1.01% | — |
| CRMMX | Investor Class | 1.22% | — |
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.