FRNKX Fees and Costs — Frank Value Fund, Investor Class
Data updated: 2026-09-03
The net expense ratio is 1.38%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $13K in broker commissions, 0.0401% of average net assets, and portfolio turnover was 105%.
FRNKX Fees and Expenses
Annual operating expenses and sales charges of FRNKX. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.91% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.21% |
| Gross expense ratio | — |
| Fee waiver | — |
| Net expense ratio | 1.38% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FRNKX Costs Over Time
On $10,000 invested in FRNKX, assuming 5% a year before costs, total costs come to $881 over 5 years, cutting the return by 1.49% 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 1.38%) | $145 | $450 | $777 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $23 | $81 |
| Total costs | $149 | $486 | $881 |
| Value after costs | $10,351 | $11,090 | $11,882 |
| Impact on return, per year | 1.49% | 1.49% | 1.49% |
FRNKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0401%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 105%
- Securities lending: none during the year
FRNKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers, LLC | $13K | 100.00% |
Frank 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 |
|---|---|---|---|
| FNKIX | Institutional Class | 1.13% | — |
| FRNKX | Investor Class | 1.38% | — |
| FNKCX | Class C | 2.13% | — |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.