DRDAX Fees and Costs — Dearborn Partners Rising Dividend Fund, Class A
Data updated: 2026-10-08
The net expense ratio is 1.20%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.17% other expenses, less a 0.07% fee waiver. This share class carries a maximum front-end sales load of 5.00% and a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $56K in broker commissions, 0.0094% of average net assets, and portfolio turnover was 11%.
DRDAX Fees and Expenses
Annual operating expenses and sales charges of DRDAX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.17% |
| Gross expense ratio | 1.27% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 5.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
DRDAX Costs Over Time
On $10,000 invested in DRDAX, assuming 5% a year before costs, total costs come to $1,354 over 5 years, cutting the return by 2.33% 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 | $599 | $500 | $500 |
| Fund expenses (net expense ratio 1.20%) | $120 | $373 | $645 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $25 | $97 | $204 |
| Total costs | $744 | $973 | $1,354 |
| Value after costs | $9,756 | $10,603 | $11,409 |
| Impact on return, per year | 7.44% | 3.03% | 2.33% |
DRDAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0094%
- Total broker commissions: $56K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
DRDAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CAPITAL INSTITUTIONAL SERVICES INC. | $56K | 100.00% |
Dearborn Partners Rising Dividend Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DRDIX | Class I | 0.95% | none |
| DRDAX | Class A | 1.20% | 5.00% |
| DRDCX | Class C | 1.95% | 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.