FSHOX Fees and Costs — Select Construction and Housing Portfolio
Data updated: 2026-07-24
The net expense ratio is 0.68%: a 0.66% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $52K in broker commissions, 0.0071% of average net assets, and portfolio turnover was 16%.
FSHOX Fees and Expenses
Annual operating expenses and sales charges of FSHOX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FSHOX Costs Over Time
On $10,000 invested in FSHOX, assuming 5% a year before costs, total costs come to $432 over 5 years, cutting the return by 0.72% 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 0.68%) | $71 | $223 | $389 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $72 | $237 | $432 |
| Value after costs | $10,428 | $11,339 | $12,330 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
FSHOX 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): 0.0071%
- Total broker commissions: $52K
- Bought from dealers (principal trades, not a cost): $657K
- Portfolio turnover (prospectus): 16%
- Securities on loan, average value: $12.1M
- Net income from securities lending: $21K (0.003% of average net assets)
FSHOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $7K | 17.64% |
| GOLDMAN SACHS GROUP INC (THE) | $5K | 13.42% |
| BANK OF AMERICA CORPORATION | $5K | 13.18% |
| KEYCORP | $4K | 11.32% |
| UBS GROUP AG | $4K | 9.56% |
| BARCLAYS PLC | $3K | 7.73% |
| CITIGROUP INC | $3K | 7.58% |
| BANK OF MONTREAL QUE | $3K | 7.00% |
| ROYAL BANK OF CANADA | $3K | 6.35% |
| MORGAN STANLEY | $2K | 6.22% |
FSHOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STIFEL FINANCIAL CORP | $458K | 69.67% |
| JEFFERIES FINANCIAL GROUP INC | $157K | 23.86% |
| MORGAN STANLEY | $42K | 6.47% |
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.