EICIX Fees and Costs — EIC Value Fund, Institutional Class
Data updated: 2026-09-22
The net expense ratio is 0.96%: a 0.75% management fee plus 0.21% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $77K in broker commissions, 0.0219% of average net assets, and portfolio turnover was 27%.
EICIX Fees and Expenses
Annual operating expenses and sales charges of EICIX. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.21% |
| Gross expense ratio | 0.97% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.96% |
| 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 |
EICIX Costs Over Time
On $10,000 invested in EICIX, assuming 5% a year before costs, total costs come to $614 over 5 years, cutting the return by 1.03% 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 0.96%) | $101 | $315 | $546 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $338 | $614 |
| Value after costs | $10,397 | $11,239 | $12,148 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
EICIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0219%
- Total broker commissions: $77K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 27%
- Securities lending: none during the year
EICIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Stifel, Nicolaus & Company, Incorporated | $18K | 23.51% |
| WELLS FARGO SECURITIES, LLC | $18K | 23.33% |
| Raymond James & Associates, Inc. | $17K | 22.39% |
| JP MORGAN SECURITIES LLC | $16K | 20.27% |
| Abel Noser, LLC | $8K | 10.51% |
EIC 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 |
|---|---|---|---|
| EICIX | Institutional Class | 0.96% | none |
| EICRX | C000099568 | 1.21% | none |
| EICVX | Class A | 1.21% | 5.50% |
| EICCX | Class C | 1.96% | 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.