FAMEX Fees and Costs — FAM Dividend Focus Fund, Investor Class
Data updated: 2026-08-31
The net expense ratio is 1.22%: a 0.90% management fee plus 0.31% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $35K in broker commissions, 0.0047% of average net assets, and portfolio turnover was 5%.
FAMEX Fees and Expenses
Annual operating expenses and sales charges of FAMEX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.31% |
| Gross expense ratio | 1.22% |
| Fee waiver | — |
| Net expense ratio | 1.22% |
| 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 | No |
| Waived fees subject to recoupment | Yes |
FAMEX Costs Over Time
On $10,000 invested in FAMEX, assuming 5% a year before costs, total costs come to $763 over 5 years, cutting the return by 1.29% 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 1.22%) | $128 | $399 | $690 |
| Trading costs (broker commissions) | $0 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $129 | $420 | $763 |
| Value after costs | $10,371 | $11,156 | $12,000 |
| Impact on return, per year | 1.29% | 1.29% | 1.29% |
FAMEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0047%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
FAMEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $11K | 32.04% |
| J.P. MORGAN SECURITIES LLC | $10K | 29.26% |
| WILLIAM BLAIR & COMPANY LLC | $6K | 18.30% |
| STIFEL, NICOLAUS & CO., INC. | $5K | 14.37% |
| KEEFE, BRUYETTE & WOODS, INC. | $1K | 4.27% |
| JONES TRADING INSTITUTIONAL SERVICES LLC | $320 | 0.92% |
| BTIG LLC | $293 | 0.84% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.