GINDX Fees and Costs — Gotham Index Plus Fund, Institutional Class
Data updated: 2026-08-21
The net expense ratio is 1.16% (1.21% before fee waivers). This share class carries a redemption fee of 1.00%. In fiscal 2025 the fund paid $278K in broker commissions, 0.0288% of average net assets, and portfolio turnover was 84%.
GINDX Fees and Expenses
Annual operating expenses and sales charges of GINDX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.78% |
| 12b-1 fee | — |
| Other expenses | 0.20% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.16% |
| 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 | Yes |
GINDX Costs Over Time
On $10,000 invested in GINDX, assuming 5% a year before costs, total costs come to $741 over 5 years, cutting the return by 1.25% 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 1.16%) | $122 | $379 | $656 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $125 | $408 | $741 |
| Value after costs | $10,375 | $11,168 | $12,022 |
| Impact on return, per year | 1.25% | 1.25% | 1.25% |
GINDX 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): 0.0288%
- Total broker commissions: $278K
- Bought from dealers (principal trades, not a cost): $10.7B
- Portfolio turnover (prospectus): 84%
- Securities lending: none during the year
GINDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $263K | 94.60% |
| BOFA SECURITIES, INC. | $15K | 5.40% |
GINDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $10.7B | 100.00% |
Gotham Index Plus Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GINDX | Institutional Class | 1.16% | — |
| GNNDX | Investor Class | 1.41% | — |
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.