FTHMX Fees and Costs — FullerThaler Behavioral Mid-Cap Equity Fund, Institutional Shares
Data updated: 2026-08-28
The net expense ratio is 0.83%: a 0.75% management fee plus 0.27% other expenses, less a 0.19% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $7K in broker commissions, 0.0282% of average net assets, and portfolio turnover was 19%.
FTHMX Fees and Expenses
Annual operating expenses and sales charges of FTHMX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.02% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.83% |
| 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 |
FTHMX Costs Over Time
On $10,000 invested in FTHMX, assuming 5% a year before costs, total costs come to $538 over 5 years, cutting the return by 0.90% 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 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $90 | $295 | $538 |
| Value after costs | $10,410 | $11,281 | $12,224 |
| Impact on return, per year | 0.90% | 0.90% | 0.90% |
FTHMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0282%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $8.6M
- Portfolio turnover (prospectus): 19%
- Securities on loan, average value: $0
- Net income from securities lending: $0 (0.000% of average net assets)
FTHMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Weeden Prime Services LLC | $6K | 57.53% |
| Abel Noser Corp | $2K | 17.78% |
| BATS TRADING INC | $1K | 10.90% |
| Stephens Inc | $1K | 10.14% |
| INSTINET LLC | $245 | 2.48% |
| STATE STREET GLOBAL MARKETS LLC | $103 | 1.04% |
| UBS SECURITIES LLC | $7 | 0.08% |
| BANK OF AMERICA MERRILL LYNCH | $3 | 0.03% |
| NEEDHAM & COMPANY LLC | $2 | 0.02% |
| INVESTMENT TECHNOLOGY GROUP (ITG) INC. | $0 | 0.00% |
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.