DGIVX Fees and Costs — DGHM V2000 SmallCap Value Fund, Institutional Class
Data updated: 2020-07-23
The net expense ratio is 0.98% (1.56% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $40K in broker commissions, 0.1559% of average net assets, and portfolio turnover was 42%.
DGIVX Fees and Expenses
Annual operating expenses and sales charges of DGIVX. Prospectus, as of June 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.71% |
| Gross expense ratio | 1.56% |
| Fee waiver | −0.58% |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
DGIVX Costs Over Time
On $10,000 invested in DGIVX, assuming 5% a year before costs, total costs come to $709 over 5 years, cutting the return by 1.19% 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 0.98%) | $103 | $321 | $555 |
| Trading costs (broker commissions) | $16 | $51 | $88 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $119 | $390 | $709 |
| Value after costs | $10,381 | $11,186 | $12,054 |
| Impact on return, per year | 1.19% | 1.19% | 1.19% |
DGIVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 29, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1559%
- Total broker commissions: $40K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
DGIVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| COWEN AND COMPANY | $15K | 41.83% |
| RBC CAPITAL MARKETS, LLC | $10K | 28.82% |
| LIQUIDNET, INC. | $3K | 9.71% |
| INSTINET, LLC | $2K | 4.95% |
| ITG INC. | $2K | 4.82% |
| EVERCORE GROUP L.L.C. | $860 | 2.47% |
| KEYBANC CAPITAL MARKETS INC. | $784 | 2.25% |
| WOLFE RESEARCH SECURITIES | $640 | 1.84% |
| STEPHENS | $606 | 1.74% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $546 | 1.57% |
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.