CSMCX Fees and Costs — Congress Small Cap Growth Fund, Institutional Class
Data updated: 2026-09-29
The net expense ratio is 1.01%: a 0.85% management fee plus 0.21% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $416K in broker commissions, 0.0299% of average net assets, and portfolio turnover was 34%.
CSMCX Fees and Expenses
Annual operating expenses and sales charges of CSMCX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.07% |
| Fee waiver | −0.06% |
| Net expense ratio | 1.01% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
CSMCX Costs Over Time
On $10,000 invested in CSMCX, assuming 5% a year before costs, total costs come to $650 over 5 years, cutting the return by 1.09% 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 1.01%) | $106 | $331 | $573 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $357 | $650 |
| Value after costs | $10,391 | $11,219 | $12,113 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
CSMCX 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): 0.0299%
- Total broker commissions: $416K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
CSMCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $106K | 30.08% |
| KEYBANC CAPITAL MARKETS INC. | $41K | 11.61% |
| Evercore Group, LLC | $37K | 10.54% |
| CANACCORD GENUITY LLC | $36K | 10.05% |
| WELLS FARGO SECURITIES, LLC | $26K | 7.28% |
| J.P. MORGAN SECURITIES LLC | $26K | 7.28% |
| LIQUIDNET, INC. | $24K | 6.75% |
| BNY MELLON CAPITAL MARKETS, LLC | $23K | 6.56% |
| OPPENHEIMER & CO. INC. | $20K | 5.71% |
| NATIONAL FINANCIAL SERVICES LLC | $15K | 4.14% |
Congress Small 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 |
|---|---|---|---|
| CSMCX | Institutional Class | 1.01% | — |
| CSMVX | Retail Class | 1.26% | — |
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.