GENIX Fees and Costs — Gotham Enhanced Return Fund, Institutional Class
Data updated: 2026-08-21
The net expense ratio is 1.51% (1.72% before fee waivers). This share class carries a redemption fee of 1.00%. In fiscal 2025 the fund paid $227K in broker commissions, 0.0686% of average net assets, and portfolio turnover was 153%.
GENIX Fees and Expenses
Annual operating expenses and sales charges of GENIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.27% |
| 12b-1 fee | — |
| Other expenses | 0.21% |
| Gross expense ratio | 1.72% |
| Fee waiver | −0.21% |
| Net expense ratio | 1.51% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
GENIX Costs Over Time
On $10,000 invested in GENIX, assuming 5% a year before costs, total costs come to $976 over 5 years, cutting the return by 1.66% 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 1.51%) | $159 | $492 | $848 |
| Trading costs (broker commissions) | $7 | $22 | $39 |
| Lost growth on money paid in costs | $0 | $26 | $90 |
| Total costs | $166 | $540 | $976 |
| Value after costs | $10,334 | $11,037 | $11,787 |
| Impact on return, per year | 1.66% | 1.66% | 1.66% |
GENIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0686%
- Total broker commissions: $227K
- Bought from dealers (principal trades, not a cost): $4.6B
- Portfolio turnover (prospectus): 153%
- Securities lending: none during the year
GENIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $217K | 95.70% |
| BOFA SECURITIES, INC. | $10K | 4.30% |
GENIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $4.6B | 99.82% |
| BOFA SECURITIES, INC. | $8.4M | 0.18% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.