ESCFX Fees and Costs — 1290 Essex Small Cap Growth Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 1.13%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.49% other expenses, less a 0.36% fee waiver. This share class carries a maximum front-end sales load of 5.50% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $235K in broker commissions, 0.3140% of average net assets, and portfolio turnover was 55%.
ESCFX Fees and Expenses
Annual operating expenses and sales charges of ESCFX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.49% |
| Gross expense ratio | 1.49% |
| Fee waiver | −0.36% |
| Net expense ratio | 1.13% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 |
ESCFX Costs Over Time
On $10,000 invested in ESCFX, assuming 5% a year before costs, total costs come to $1,548 over 5 years, cutting the return by 2.68% 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 | $648 | $550 | $550 |
| Fund expenses (net expense ratio 1.13%) | $112 | $348 | $601 |
| Trading costs (broker commissions) | $31 | $97 | $167 |
| Lost growth on money paid in costs | $28 | $109 | $230 |
| Total costs | $819 | $1,104 | $1,548 |
| Value after costs | $9,681 | $10,472 | $11,215 |
| Impact on return, per year | 8.19% | 3.45% | 2.68% |
ESCFX 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): 0.3140%
- Total broker commissions: $235K
- Bought from dealers (principal trades, not a cost): $62.7M
- Portfolio turnover (prospectus): 55%
- Securities on loan, average value: $1.4M
- Net income from securities lending: $26K (0.035% of average net assets)
ESCFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $77K | 38.75% |
| JonesTrading Institutional Services LLC | $33K | 16.60% |
| State Street Global Markets, LLC | $25K | 12.78% |
| Weeden & Co. L.P. | $17K | 8.33% |
| Loop Capital Markets LLC | $12K | 6.28% |
| Liquidnet, Inc. | $9K | 4.40% |
| Oppenheimer & Co. Inc. | $9K | 4.35% |
| William Blair & Company, L.L.C. | $7K | 3.43% |
| Instinet, LLC | $5K | 2.75% |
| Piper Sandler & Co. | $5K | 2.33% |
ESCFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $62.7M | 100.00% |
1290 Essex 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 |
|---|---|---|---|
| ESCJX | Class I | 0.88% | none |
| ESCFX | Class A | 1.13% | 5.50% |
| ESCKX | Class R | 1.38% | 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.